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Hitech NSEI:HITECHCORP Stock Report

Last Price

₹201.45

Market Cap

₹3.6b

7D

-9.0%

1Y

9.5%

Updated

18 Apr, 2024

Data

Company Financials

Hitech Corporation Limited

NSEI:HITECHCORP Stock Report

Market Cap: ₹3.6b

HITECHCORP Stock Overview

Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally.

HITECHCORP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Hitech Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hitech
Historical stock prices
Current Share Price₹201.45
52 Week High₹309.00
52 Week Low₹172.60
Beta0.85
1 Month Change-2.40%
3 Month Change-21.15%
1 Year Change9.48%
3 Year Change48.56%
5 Year Change97.02%
Change since IPO84.23%

Recent News & Updates

Recent updates

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Feb 15
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Dec 24
Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Jun 24
Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Jun 10
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

Feb 23
With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Dec 28
We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Dec 07
Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Sep 13
Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

Aug 23
Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

May 30
We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

May 05
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Mar 11
Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 12
Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Is Hitech (NSE:HITECHCORP) A Risky Investment?

Jan 17
Is Hitech (NSE:HITECHCORP) A Risky Investment?

How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?

Sep 14
How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?

Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?

Aug 02
Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?

Shareholder Returns

HITECHCORPIN PackagingIN Market
7D-9.0%-3.1%-2.1%
1Y9.5%41.6%45.3%

Return vs Industry: HITECHCORP underperformed the Indian Packaging industry which returned 41.6% over the past year.

Return vs Market: HITECHCORP underperformed the Indian Market which returned 45.3% over the past year.

Price Volatility

Is HITECHCORP's price volatile compared to industry and market?
HITECHCORP volatility
HITECHCORP Average Weekly Movement6.3%
Packaging Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
1991640Malav Daniwww.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, food and beverages, health care, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017.

Hitech Corporation Limited Fundamentals Summary

How do Hitech's earnings and revenue compare to its market cap?
HITECHCORP fundamental statistics
Market cap₹3.57b
Earnings (TTM)₹241.87m
Revenue (TTM)₹5.52b

14.3x

P/E Ratio

0.6x

P/S Ratio

Is HITECHCORP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECHCORP income statement (TTM)
Revenue₹5.52b
Cost of Revenue₹3.40b
Gross Profit₹2.11b
Other Expenses₹1.87b
Earnings₹241.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)14.08
Gross Margin38.31%
Net Profit Margin4.38%
Debt/Equity Ratio26.6%

How did HITECHCORP perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

6%

Payout Ratio
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