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Hi-Tech Pipes Ltd share price logo

Hi-Tech Pipes Ltd Share Price

(HITECH)

₹138.09▲1.46%

as on 02:42PM, 20 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Hi-Tech Pipes Ltd Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Hi-Tech Pipes Ltd. An average target of ₹229.33

Source: S&P Global Market Intelligence

Hi-Tech Pipes Ltd Share analysis

Hi-Tech Pipes Ltd price forecast by 3 analysts

Upside of63.66%

High

₹240

Target

₹229.33

Low

₹223

Hi-Tech Pipes Ltd target price ₹229.33, a slight upside of 63.66% compared to current price of ₹138.09. According to 3 analysts rating.

Source: S&P Global Market Intelligence

Hi-Tech Pipes Ltd Performance

  • Day's Low

    Day's High

    ₹137.78
    Day's Price Range
    ₹141.8

  • 52 Week's Low

    52 Week's High

    ₹102.8
    52-Week Price Range
    ₹210.85
1 Month Return-10.14 %
3 Month Return-24.25 %
1 Year Return-7.57 %
Previous Close₹140.13
Open₹138.09
Volume4.77L
Upper Circuit-
Lower Circuit-
Market Cap₹2,846.15Cr

Hi-Tech Pipes Ltd Key Statistics

P/E Ratio33.44
PEG Ratio69.82
Market Cap₹2,846.15 Cr
P/B Ratio4.48
EPS2.93
Dividend Yield0.02
SectorSteel
ROE7.68

Hi-Tech Pipes Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Hi-Tech Pipes Ltd
Hi-Tech Pipes Ltd
BUY₹2,846.15 Cr139.69%0.68₹43 Cr₹2,699 Cr
Garg Furnace Ltd
Garg Furnace Ltd
NA₹136.84 Cr385.12%0.52NANA
Bharat Wire Ropes Ltd
Bharat Wire Ropes Ltd
NA₹1,343.65 Cr117.03%0.59₹96 Cr₹621 Cr
Jai Balaji Industries Ltd
Jai Balaji Industries Ltd
BUY₹15,253.49 Cr619.39%0.63₹879 Cr₹6,413 Cr
Mahalaxmi Seamless Ltd
Mahalaxmi Seamless Ltd
NA₹6.58 Cr16.12%1.25NANA
See all

Hi-Tech Pipes Ltd Mutual Fund Holdings

About Hi-Tech Pipes Ltd

HiTech Pipes Limited is an ISO 9001 certified company which was established in 1986. It is one of India's leading manufacturer and supplier of steel pipes, hollow sections, tubes, cold rolled coils, strips and galvanized products. They serve oil and gas, water, construction, automobile and other industries. Their vision is to provide maximum customer satisfaction with the superior quality products, which have enabled them to transition and diversify their business from just a USD 1 million to USD 100 million turnover.

Share Price: ₹138.09 per share as on 20 Jan, 2025 02:42 PM
Market Capitalisation: ₹2,846.15Cr as of today
Revenue: ₹705.90Cr as on September 2024 (Q3 24)
Net Profit: ₹18.11Cr as on September 2024 (Q3 24)
Listing date: 25 Feb, 2016
Chairperson Name: AJAY KUMAR BANSAL
OrganisationHi-Tech Pipes Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Hi-Tech Pipes Ltd

  • Hi-Tech Pipes Achieves 877% Growth in Stock Value - 04 Jan, 2025

    Hi-Tech Pipes reports an 877% increase in stock value since 2020, reaching ₹161.50. The company saw a 26.1% YoY sales volume rise in Q3FY25, driven by demand for solar torque tubes and growth in infrastructure. With a market cap of ₹3,257 crore, Hi-Tech Pipes aims for a production capacity of 1 million tons by FY25.

  • Hi-Tech Pipes Achieves Record Sales Volume in Q3 - 02 Jan, 2025

    Hi-Tech Pipes Ltd announced its highest-ever quarterly sales volume of 124,233 MT for Q3 FY25, reflecting a 26.10% year-on-year growth, driven by strong demand for solar torque tubes and growth in infrastructure and construction sectors.

  • Hi-Tech Pipes Shares Surge After Credit Rating Upgrade - 16 Dec, 2024

    Hi-Tech Pipes Ltd. shares jumped nearly 5% following an upgrade in credit ratings by India Ratings & Research, reflecting strong revenue growth and operational efficiency.

Insights on Hi-Tech Pipes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 11.13 Cr → 18.11 Cr (in ₹), with an average increase of 19.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.30% to 12.98% in Oct 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.11% to 9.92% in Oct 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 29.88% to 25.78% in Oct 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 50.76% to 44.01% in Oct 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, HITECH stock has moved down by -31.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 867.51 Cr → 706.87 Cr (in ₹), with an average decrease of 18.5% per quarter

Hi-Tech Pipes Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹746.00Cr (-)₹630.10Cr (↓15.54%)₹681.03Cr (↑8.08%)₹866.98Cr (↑27.30%)₹705.90Cr (↓18.58%)
Net Income₹10.53Cr (-)₹14.33Cr (↑36.09%)₹11.13Cr (↓22.33%)₹18.05Cr (↑62.17%)₹18.11Cr (↑0.33%)
Net Profit Margin1.41% (-)2.27% (↑60.99%)1.63% (↓28.19%)2.08% (↑27.61%)2.57% (↑23.56%)
Value in ₹ crore
Details2021202220232024
Total Assets₹453.30Cr (-)₹581.22Cr (↑28.22%)₹739.79Cr (↑27.28%)₹961.43Cr (↑29.96%)
Total Liabilities₹279.61Cr (-)₹364.57Cr (↑30.39%)₹372.40Cr (↑2.15%)₹445.81Cr (↑19.71%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3.19Cr (-)₹75.62Cr (↑2,270.53%)₹6.88Cr (↓90.90%)₹56.15Cr (↑716.13%)-₹70.53Cr (↓225.61%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (▲71.07%)

BSE Small-Cap

₹52,755.29

0.85 (▲443.98%)

S&P BSE Indus.

₹14,331.49

0.96 (▲136.55%)

Hi-Tech Pipes Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.01%
-13.29
Foreign Institutions
12.98%
39.51
Mutual Funds
9.92%
39.48
Retail Investors
25.78%
-13.71
Others
7.3%
148.04

Hi-Tech Pipes Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)1.872.043.292.952.93
Details20202021202220232024
Return On Equity %10.059.315.311.557.68
Details20202021202220232024
Return On Assets %4.415.036.945.094.57
Details20202021202220232024
Book Value Per Share (₹)15.917.9121.0725.935.2

Hi-Tech Pipes Ltd Valuation

Hi-Tech Pipes Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.64x)

August 5, 2019

Industry (22.82x)

January 17, 2025

Today (33.44x)

January 17, 2025

Highest (66.52x)

December 20, 2022

LowHigh

Hi-Tech Pipes Ltd Earnings and Dividends

  • Hi-Tech Pipes Ltd Earnings Results

    Hi-Tech Pipes Ltd’s net profit jumped 71.98% since last year same period to ₹18.11Cr in the Q2 2024-2025. On a quarterly growth basis, Hi-Tech Pipes Ltd has generated 0.33% jump in its net profits since last 3-months.

    Read More about Earnings Results

  • Hi-Tech Pipes Ltd Dividends May,2024

    In the quarter ending March 2024, Hi-Tech Pipes Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.04%.

    Read More about Dividends

Hi-Tech Pipes Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Hi-Tech Pipes Ltd is currently in a Bearish trading position according to technical analysis indicators.

More on Technical Analysis

FAQs on Hi-Tech Pipes Ltd

Hi-Tech Pipes Ltd share price today stands at ₹138.09, Open. ₹138.09 ; Previous Close. ₹140.13 ; High. ₹141.8 ; Low. ₹137.78 ; 52 Week High. ₹210.85 ; 52 Week Low: ₹102.8.

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Hi-Tech Pipes Ltd is listed on NSE

Hi-Tech Pipes Ltd is listed on BSE

  • Today’s highest price of Hi-Tech Pipes Ltd is ₹141.8.
  • Today’s lowest price of Hi-Tech Pipes Ltd is ₹137.78.

PE Ratio of Hi-Tech Pipes Ltd is 33.44

PE ratio = Hi-Tech Pipes Ltd Market price per share / Hi-Tech Pipes Ltd Earnings per share

Today’s traded volume of Hi-Tech Pipes Ltd(HITECH) is 4.77L.

Today’s market capitalisation of Hi-Tech Pipes Ltd(HITECH) is ₹2846.15Cr.

Hi-Tech Pipes Ltd(HITECHPrice
52 Week High
₹210.85
52 Week Low
₹102.8

Hi-Tech Pipes Ltd(HITECH) share price is ₹138.09. It is down -34.51% from its 52 Week High price of ₹210.85

Hi-Tech Pipes Ltd(HITECH) share price is ₹138.09. It is up 34.33% from its 52 Week Low price of ₹102.8

Hi-Tech Pipes Ltd(HITECHReturns
1 Day Returns
-2.04%
1 Month Returns
-10.14%
3 Month Returns
-24.25%
1 Year Returns
-7.57%