company background image
HITECHGEAR

Hi-Tech Gears NSEI:HITECHGEAR Stock Report

Last Price

₹231.15

Market Cap

₹4.3b

7D

-10.1%

1Y

-7.1%

Updated

29 Jan, 2023

Data

Company Financials

The Hi-Tech Gears Limited

NSEI:HITECHGEAR Stock Report

Mkt Cap: ₹4.3b

HITECHGEAR Stock Overview

The Hi-Tech Gears Limited manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally.

HITECHGEAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

My Notes

New

Notes are coming soon

The Hi-Tech Gears Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hi-Tech Gears
Historical stock prices
Current Share Price₹231.15
52 Week High₹293.50
52 Week Low₹155.10
Beta1.31
1 Month Change-11.69%
3 Month Change7.54%
1 Year Change-7.11%
3 Year Change27.15%
5 Year Change-50.15%
Change since IPO369.82%

Recent News & Updates

Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

Jan 28
Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Jan 01
We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Recent updates

Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

Jan 28
Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Jan 01
We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 02
Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Smaller Dividend Than Last Year

Hi-Tech Gears (NSE:HITECHGEAR) Will Pay A Smaller Dividend Than Last Year

Aug 11
Hi-Tech Gears (NSE:HITECHGEAR) Will Pay A Smaller Dividend Than Last Year

There Are Reasons To Feel Uneasy About Hi-Tech Gears' (NSE:HITECHGEAR) Returns On Capital

Apr 05
There Are Reasons To Feel Uneasy About Hi-Tech Gears' (NSE:HITECHGEAR) Returns On Capital

Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Dec 03
Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Hi-Tech Gears (NSE:HITECHGEAR) Will Want To Turn Around Its Return Trends

Sep 08
Hi-Tech Gears (NSE:HITECHGEAR) Will Want To Turn Around Its Return Trends

Hi-Tech Gears (NSE:HITECHGEAR) May Have Issues Allocating Its Capital

May 18
Hi-Tech Gears (NSE:HITECHGEAR) May Have Issues Allocating Its Capital

Insider Buying: Aabha Kapuria Just Spent ₹77k On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Mar 12
Insider Buying: Aabha Kapuria Just Spent ₹77k On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Reflecting on Hi-Tech Gears' (NSE:HITECHGEAR) Share Price Returns Over The Last Three Years

Feb 06
Reflecting on Hi-Tech Gears' (NSE:HITECHGEAR) Share Price Returns Over The Last Three Years

These 4 Measures Indicate That Hi-Tech Gears (NSE:HITECHGEAR) Is Using Debt In A Risky Way

Jan 02
These 4 Measures Indicate That Hi-Tech Gears (NSE:HITECHGEAR) Is Using Debt In A Risky Way

Aabha Kapuria of The Hi-Tech Gears Limited (NSE:HITECHGEAR) Just Spent ₹1.2m On Shares

Nov 28
Aabha Kapuria of The Hi-Tech Gears Limited (NSE:HITECHGEAR) Just Spent ₹1.2m On Shares

The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Provide Us With Signs Of What's To Come

Nov 17
The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Provide Us With Signs Of What's To Come

Insider Buying: Megha Kapuria Just Spent ₹1.2m On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Sep 25
Insider Buying: Megha Kapuria Just Spent ₹1.2m On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Read This Before Selling The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Sep 11
Read This Before Selling The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Shareholder Returns

HITECHGEARIN Auto ComponentsIN Market
7D-10.1%-1.2%-3.8%
1Y-7.1%1.9%-0.05%

Return vs Industry: HITECHGEAR underperformed the Indian Auto Components industry which returned 1.9% over the past year.

Return vs Market: HITECHGEAR underperformed the Indian Market which returned -0% over the past year.

Price Volatility

Is HITECHGEAR's price volatile compared to industry and market?
HITECHGEAR volatility
HITECHGEAR Average Weekly Movement8.2%
Auto Components Industry Average Movement5.2%
Market Average Movement5.6%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.3%

Stable Share Price: HITECHGEAR is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HITECHGEAR's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1986646Pranav Kapuriahttps://www.thehitechgears.com

The Hi-Tech Gears Limited manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally. It offers transmission and engine components, driveline components, steering linkage, power take off components, and engineering design services for two wheelers, light vehicles, commercial vehicles, and off highway vehicles, as well as engine gears. The company also develops products and services in the field of robotics, artificial intelligence, automotive embedded systems, and computer vision and biometrics.

The Hi-Tech Gears Limited Fundamentals Summary

How do Hi-Tech Gears's earnings and revenue compare to its market cap?
HITECHGEAR fundamental statistics
Market Cap₹4.26b
Earnings (TTM)₹20.80m
Revenue (TTM)₹11.17b

205.0x

P/E Ratio

0.4x

P/S Ratio

Is HITECHGEAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HITECHGEAR income statement (TTM)
Revenue₹11.17b
Cost of Revenue₹5.77b
Gross Profit₹5.40b
Other Expenses₹5.38b
Earnings₹20.80m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.11
Gross Margin48.33%
Net Profit Margin0.19%
Debt/Equity Ratio127.8%

How did HITECHGEAR perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

-255%

Payout Ratio