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HITECH

Hi-Tech Pipes NSEI:HITECH Stock Report

Last Price

₹837.55

Market Cap

₹10.1b

7D

4.6%

1Y

52.2%

Updated

02 Dec, 2022

Data

Company Financials +
HITECH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

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.

Hi-Tech Pipes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hi-Tech Pipes
Historical stock prices
Current Share Price₹837.55
52 Week High₹849.00
52 Week Low₹393.20
Beta0.86
1 Month Change27.08%
3 Month Change37.36%
1 Year Change52.24%
3 Year Change495.27%
5 Year Change235.02%
Change since IPO272.29%

Recent News & Updates

Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 22
Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

Recent updates

Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 22
Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

Jul 22
Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital

May 12
Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital

If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late

Mar 03
If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late

Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital

Jan 08
Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital

Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)

Nov 06
Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)

Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital

Apr 06
Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital

The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It

Mar 10
The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It

Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?

Feb 17
Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?

How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?

Jan 27
How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?

We're Watching These Trends At Hi-Tech Pipes (NSE:HITECH)

Dec 23
We're Watching These Trends At Hi-Tech Pipes (NSE:HITECH)

How Good Is Hi-Tech Pipes Limited (NSE:HITECH), When It Comes To ROE?

Nov 18
How Good Is Hi-Tech Pipes Limited (NSE:HITECH), When It Comes To ROE?

Shareholder Returns

HITECHIN Metals and MiningIN Market
7D4.6%3.5%2.2%
1Y52.2%4.6%6.4%

Return vs Industry: HITECH exceeded the Indian Metals and Mining industry which returned 4.6% over the past year.

Return vs Market: HITECH exceeded the Indian Market which returned 6.4% over the past year.

Price Volatility

Is HITECH's price volatile compared to industry and market?
HITECH volatility
HITECH Average Weekly Movement5.9%
Metals and Mining Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.6%

Stable Share Price: HITECH is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HITECH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985575Ajay Bansalhttps://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 management; structural pipes for poles and railings, scaffolding, casing columns, and telecom tower appliactions; cold rolled coils and strips, which are used in housing, automobile, office furniture, electric lamination, precision tubes and pipes, and white goods; and steel hollow section pipes for commercial building. 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; and GC roofing sheets and color coated roofing sheets for housing industry.

Hi-Tech Pipes Limited Fundamentals Summary

How do Hi-Tech Pipes's earnings and revenue compare to its market cap?
HITECH fundamental statistics
Market Cap₹10.12b
Earnings (TTM)₹302.07m
Revenue (TTM)₹21.49b

33.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HITECH income statement (TTM)
Revenue₹21.49b
Cost of Revenue₹19.63b
Gross Profit₹1.86b
Other Expenses₹1.56b
Earnings₹302.07m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 14, 2023

Earnings per share (EPS)24.99
Gross Margin8.65%
Net Profit Margin1.41%
Debt/Equity Ratio134.9%

How did HITECH perform over the long term?

See historical performance and comparison

Dividends

0.06%

Current Dividend Yield

2%

Payout Ratio