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Hi-Tech Pipes NSEI:HITECH Stock Report

Last Price

₹165.81

Market Cap

₹33.7b

7D

-3.8%

1Y

47.6%

Updated

19 Nov, 2024

Data

Company Financials +

Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹33.7b

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₹165.81
52 Week High₹210.85
52 Week Low₹97.65
Beta0.95
11 Month Change-10.46%
3 Month Change-11.74%
1 Year Change47.65%
33 Year Change176.81%
5 Year Change1,066.44%
Change since IPO637.02%

Recent News & Updates

There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

Sep 15
There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

Recent updates

There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

Sep 15
There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

Hi-Tech Pipes Limited (NSE:HITECH) Not Lagging Market On Growth Or Pricing

Aug 13
Hi-Tech Pipes Limited (NSE:HITECH) Not Lagging Market On Growth Or Pricing

Hi-Tech Pipes' (NSE:HITECH) Profits May Not Reveal Underlying Issues

May 21
Hi-Tech Pipes' (NSE:HITECH) Profits May Not Reveal Underlying Issues

Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

Mar 21
Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital

Mar 05
Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital

Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price

Dec 28
Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price

The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence

Oct 14
The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence

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

Sep 14
Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

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?

Shareholder Returns

HITECHIN Metals and MiningIN Market
7D-3.8%-2.9%-3.4%
1Y47.6%34.9%27.0%

Return vs Industry: HITECH exceeded the Indian Metals and Mining industry which returned 34.9% over the past year.

Return vs Market: HITECH exceeded the Indian Market which returned 27% over the past year.

Price Volatility

Is HITECH's price volatile compared to industry and market?
HITECH volatility
HITECH Average Weekly Movement5.2%
Metals and Mining Industry Average Movement6.2%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.0%

Stable Share Price: HITECH has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: HITECH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985525Ajay Bansalwww.hitechpipes.in

Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes; mild steel round pipes; galvanized steel; pre-galvanized steel pipes; crash barriers; cold rolled coils and strips; and coated coils and roofing sheets. It offers CRFH, HROP, and GPGC coil and strip products.

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₹33.68b
Earnings (TTM)₹616.16m
Revenue (TTM)₹28.84b

54.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECH income statement (TTM)
Revenue₹28.84b
Cost of Revenue₹26.00b
Gross Profit₹2.84b
Other Expenses₹2.22b
Earnings₹616.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)3.03
Gross Margin9.85%
Net Profit Margin2.14%
Debt/Equity Ratio48.6%

How did HITECH perform over the long term?

See historical performance and comparison

Dividends

0.02%

Current Dividend Yield

0.6201%

Payout Ratio