HITECHCORP Stock Overview
Manufactures, sells, and exports rigid plastic containers in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Hitech Corporation Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹241.10 |
| 52 Week High | ₹351.35 |
| 52 Week Low | ₹179.90 |
| Beta | 0.98 |
| 1 Month Change | 3.12% |
| 3 Month Change | -18.24% |
| 1 Year Change | -8.36% |
| 3 Year Change | -15.80% |
| 5 Year Change | 190.66% |
| Change since IPO | 120.48% |
Recent News & Updates
Recent updates
Little Excitement Around Hitech Corporation Limited's (NSE:HITECHCORP) Earnings As Shares Take 26% Pounding
Nov 14
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
Oct 22Hitech Corporation Limited (NSE:HITECHCORP) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Sep 29Increases to CEO Compensation Might Be Put On Hold For Now at Hitech Corporation Limited (NSE:HITECHCORP)
Jul 19Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely
Apr 23Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Feb 15Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency
Dec 24Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00
Jun 24Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Jun 10With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting
Feb 23We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt
Dec 28Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital
Dec 07Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
Sep 13Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly
Aug 23We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings
May 30Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
May 05Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?
Mar 11Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 12Is Hitech (NSE:HITECHCORP) A Risky Investment?
Jan 17How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?
Sep 14Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?
Aug 02Shareholder Returns
| HITECHCORP | IN Packaging | IN Market | |
|---|---|---|---|
| 7D | -2.9% | -2.7% | -4.2% |
| 1Y | -8.4% | 31.1% | 19.1% |
Return vs Industry: HITECHCORP underperformed the Indian Packaging industry which returned 31.1% over the past year.
Return vs Market: HITECHCORP underperformed the Indian Market which returned 19.1% over the past year.
Price Volatility
| HITECHCORP volatility | |
|---|---|
| HITECHCORP Average Weekly Movement | 7.4% |
| Packaging Industry Average Movement | 7.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: HITECHCORP has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: HITECHCORP's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 655 | Malav Dani | www.hitechgroup.com/new/rigidplastic.html |
Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, agrochemicals, personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants. Hitech Corporation Limited was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017.
Hitech Corporation Limited Fundamentals Summary
| HITECHCORP fundamental statistics | |
|---|---|
| Market cap | ₹4.13b |
| Earnings (TTM) | ₹158.36m |
| Revenue (TTM) | ₹5.57b |
26.1x
P/E Ratio0.7x
P/S RatioIs HITECHCORP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITECHCORP income statement (TTM) | |
|---|---|
| Revenue | ₹5.57b |
| Cost of Revenue | ₹3.41b |
| Gross Profit | ₹2.16b |
| Other Expenses | ₹2.00b |
| Earnings | ₹158.36m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.22 |
| Gross Margin | 38.74% |
| Net Profit Margin | 2.84% |
| Debt/Equity Ratio | 29.8% |
How did HITECHCORP perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hitech Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |