HITECH Stock Overview
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Hi-Tech Pipes Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹127.85 |
| 52 Week High | ₹170.00 |
| 52 Week Low | ₹71.00 |
| Beta | 0.83 |
| 1 Month Change | -7.29% |
| 3 Month Change | -15.81% |
| 1 Year Change | 73.47% |
| 3 Year Change | 251.19% |
| 5 Year Change | 360.22% |
| Change since IPO | 468.29% |
Recent News & Updates
Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
Mar 21
Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital
Mar 05Recent updates
Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
Mar 21Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital
Mar 05Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price
Dec 28The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence
Oct 14Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching
Sep 14Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 22Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching
Jul 22Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital
May 12If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late
Mar 03Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital
Jan 08Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)
Nov 06Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital
Apr 06The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It
Mar 10Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?
Feb 17How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?
Jan 27
We're Watching These Trends At Hi-Tech Pipes (NSE:HITECH)
Dec 23How Good Is Hi-Tech Pipes Limited (NSE:HITECH), When It Comes To ROE?
Nov 18Shareholder Returns
| HITECH | IN Metals and Mining | IN Market | |
|---|---|---|---|
| 7D | -3.9% | -1.4% | -2.0% |
| 1Y | 73.5% | 59.3% | 41.1% |
Return vs Industry: HITECH exceeded the Indian Metals and Mining industry which returned 59.3% over the past year.
Return vs Market: HITECH exceeded the Indian Market which returned 41.1% over the past year.
Price Volatility
| HITECH volatility | |
|---|---|
| HITECH Average Weekly Movement | 8.7% |
| Metals and Mining Industry Average Movement | 7.0% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: HITECH's share price has been volatile over the past 3 months.
Volatility Over Time: HITECH's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 490 | Ajay Bansal | www.hitechpipes.in |
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers GI pipes for agriculture and poly houses; steel pipes that are used for firefighting in commercial buildings and housing projects, as well as railing, fencing, road signs, cladding, furniture and containers, solar mounting structure, roof top sheds, infrastructure, airport, and metro stations; casing pipes for use in borewell and water; structural pipes for poles and railings, scaffolding, casing columns, and telecom tower applications; cold rolled coils and strips, which are used in housing, automobile, office furniture, electric lamination, precision tubes and pipes, and white goods industries; and steel hollow section pipes for construction projects. The company also provides metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, high embankments/sharp curves and banks, mines, collieries, high-density fast-moving traffic areas, village areas along highways, motor racing/test drove tracks, crash test sites, factory areas, traffic safety in airports, plants handling hazardous chemicals, and multi-story parking; solar torque tubes for renewable energy industry; and GC steel sheets and color coated roofing sheets for housing industry.
Hi-Tech Pipes Limited Fundamentals Summary
| HITECH fundamental statistics | |
|---|---|
| Market cap | ₹20.25b |
| Earnings (TTM) | ₹486.47m |
| Revenue (TTM) | ₹27.20b |
41.6x
P/E Ratio0.7x
P/S RatioIs HITECH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITECH income statement (TTM) | |
|---|---|
| Revenue | ₹27.20b |
| Cost of Revenue | ₹24.88b |
| Gross Profit | ₹2.32b |
| Other Expenses | ₹1.84b |
| Earnings | ₹486.47m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 11, 2024
| Earnings per share (EPS) | 3.07 |
| Gross Margin | 8.54% |
| Net Profit Margin | 1.79% |
| Debt/Equity Ratio | 75.9% |
How did HITECH perform over the long term?
See historical performance and comparison