HITECH

Hi-Tech Pipes Share Price

₹162.80 -3.01 (-1.82%)

21 Nov, 2024 14:04

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Performance

  • Low
  • ₹160
  • High
  • ₹166
  • 52 Week Low
  • ₹98
  • 52 Week High
  • ₹211
  • Open Price₹166
  • Previous Close₹166
  • Volume353,876

Investment Returns

  • Over 1 Month -11.82%
  • Over 3 Month -11.48%
  • Over 6 Month + 29.24%
  • Over 1 Year + 41.62%
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Hi-Tech Pipes Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 53.7
  • PEG Ratio
  • 1.8
  • Market Cap Cr
  • 3,307
  • P/B Ratio
  • 5.7
  • Average True Range
  • 7.57
  • EPS
  • 3.03
  • Dividend Yield
  • 0
  • MACD Signal
  • -3.84
  • RSI
  • 34.91
  • MFI
  • 26.76

Hi-Tech Pipes Financials

Hi-Tech Pipes Technicals

EMA & SMA

Current Price
₹162.80
-3.01 (-1.82%)
pointer
  • stock-down_img
  • Bullish Moving Average 3
  • stock-up_img
  • Bearish Moving Average 13
  • 20 Day
  • ₹177.46
  • 50 Day
  • ₹180.66
  • 100 Day
  • ₹172.90
  • 200 Day
  • ₹156.18

Resistance and Support

166.8 Pivot Speed
  • R3 173.20
  • R2 171.40
  • R1 168.60
  • S1 164.00
  • S2 162.20
  • S3 159.40

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Hi-Tech Pipes Ltd. is a leading manufacturer of high-quality steel pipes and tubes in India, specializing in various applications, including construction, infrastructure, and industrial sectors. The company focuses on innovation, quality, and sustainability in its manufacturing processes.

Hi Tech Pipes has an operating revenue of Rs. 2,884.00 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 2% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 7% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 59 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 115 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Hi-Tech Pipes Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-06 Quarterly Results & Other To Consider Other business matters. per share(5%)Dividend
2024-08-19 Others Inter alia, to consider the proposal of raising of funds by way of further public offering or preferential allotment or qualified institutional placement or any other permissible mode. per share(5%)Dividend
2024-08-12 Quarterly Results
2024-05-11 Audited Results & Final Dividend
2024-01-12 Quarterly Results
Date Purpose Remarks
2024-09-14 FINAL Rs.0.03 per share(2.5%)Final Dividend
2023-09-22 FINAL Rs.0.03 per share(2.5%)Final Dividend
2022-09-21 FINAL Rs.0.50 per share(5%)Dividend
Date Purpose Remarks
2023-03-17 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

Hi-Tech Pipes F&O

Hi-Tech Pipes Shareholding Pattern

50.76%
7.11%
9.31%
22.63%
10.19%

About Hi-Tech Pipes

  • NSE Symbol
  • HITECH
  • BSE Symbol
  • 543411
  • Chairman & Managing Director
  • Mr. Ajay Kumar Bansal
  • ISIN
  • INE106T01025

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Hi-Tech Pipes FAQs

Hi-Tech Pipes share price is ₹162 As on 21 November, 2024 | 13:50

The Market Cap of Hi-Tech Pipes is ₹3306.6 Cr As on 21 November, 2024 | 13:50

The P/E ratio of Hi-Tech Pipes is 53.7 As on 21 November, 2024 | 13:50

The PB ratio of Hi-Tech Pipes is 5.7 As on 21 November, 2024 | 13:50

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Q2FY23