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Hi-Tech Gears NSEI:HITECHGEAR Stock Report

Last Price

₹966.95

Market Cap

₹18.1b

7D

-11.4%

1Y

201.1%

Updated

31 May, 2024

Data

Company Financials

The Hi-Tech Gears Limited

NSEI:HITECHGEAR Stock Report

Market Cap: ₹18.1b

HITECHGEAR Stock Overview

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
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

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₹966.95
52 Week High₹1,280.45
52 Week Low₹282.90
Beta1.44
1 Month Change-9.38%
3 Month Change70.88%
1 Year Change201.14%
3 Year Change305.26%
5 Year Change254.39%
Change since IPO1,865.35%

Recent News & Updates

Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

May 31
Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

May 06
Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

Recent updates

Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

May 31
Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

May 06
Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

Returns On Capital At Hi-Tech Gears (NSE:HITECHGEAR) Have Hit The Brakes

Apr 18
Returns On Capital At Hi-Tech Gears (NSE:HITECHGEAR) Have Hit The Brakes

The Market Lifts The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares 36% But It Can Do More

Mar 22
The Market Lifts The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares 36% But It Can Do More

Is Now The Time To Put Hi-Tech Gears (NSE:HITECHGEAR) On Your Watchlist?

Mar 19
Is Now The Time To Put Hi-Tech Gears (NSE:HITECHGEAR) On Your Watchlist?

We Think Hi-Tech Gears (NSE:HITECHGEAR) Can Stay On Top Of Its Debt

Feb 10
We Think Hi-Tech Gears (NSE:HITECHGEAR) Can Stay On Top Of Its Debt

Here's Why We Think Hi-Tech Gears (NSE:HITECHGEAR) Might Deserve Your Attention Today

Nov 17
Here's Why We Think Hi-Tech Gears (NSE:HITECHGEAR) Might Deserve Your Attention Today

Shareholders May Be More Conservative With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation For Now

Sep 22
Shareholders May Be More Conservative With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation For Now

The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Aren't Growing

Jun 26
The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Aren't Growing

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

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

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-11.4%0.4%-1.9%
1Y201.1%51.6%41.0%

Return vs Industry: HITECHGEAR exceeded the Indian Auto Components industry which returned 52.3% over the past year.

Return vs Market: HITECHGEAR exceeded the Indian Market which returned 41% over the past year.

Price Volatility

Is HITECHGEAR's price volatile compared to industry and market?
HITECHGEAR volatility
HITECHGEAR Average Weekly Movement12.4%
Auto Components Industry Average Movement5.8%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market4.2%

Stable Share Price: HITECHGEAR's share price has been volatile over the past 3 months.

Volatility Over Time: HITECHGEAR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1986615Pranav Kapuriawww.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₹18.05b
Earnings (TTM)₹1.14b
Revenue (TTM)₹11.17b

15.8x

P/E Ratio

1.6x

P/S Ratio

Is HITECHGEAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECHGEAR income statement (TTM)
Revenue₹11.17b
Cost of Revenue₹5.69b
Gross Profit₹5.48b
Other Expenses₹4.33b
Earnings₹1.14b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)60.84
Gross Margin49.03%
Net Profit Margin10.23%
Debt/Equity Ratio41.7%

How did HITECHGEAR perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

20%

Payout Ratio
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