bell
The current prices are delayed by 15 mins, login to check live prices.
Hitech Corporation Ltd share price logo

Hitech Corporation Ltd

(HITECHCORP)

₹230.252.68%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Hitech Corporation Ltd Performance

  • Day's Low

    Day's High

    ₹227.3
    ₹239
  • 52 Week's Low

    52 Week's High

    ₹179.9
    ₹351.35
1 Month Return-21.15 %
3 Month Return+ 4.03 %
1 Year Return-16.6 %
Previous Close₹236.60
Open₹234.95
Volume8,722.00
Upper Circuit-
Lower Circuit-
Market Cap₹406.38Cr

Hitech Corporation Ltd Key Statistics

P/E Ratio25.66
PEG Ratio6.05
Market Cap₹406.38 Cr
P/B Ratio1.29
EPS5.99
Dividend Yield0
SectorPackaging
ROE8.68

Hitech Corporation Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹406.38 Cr32.93%0.62NANA
NA₹20.44 Cr-9.25%0.70NANA
NA₹62.32 Cr18.34%0.60₹4 Cr₹143 Cr
NA₹65.05 Cr760%0.80-₹9 Cr₹94 Cr
NA₹80.55 Cr72.82%0.51NANA

About Hitech Corporation Ltd

HiTech Plast Containers India Ltd is set to undergo a major corporate restructuring, involving the amalgamation of Plastic Precision Machinefabrik Pvt Ltd with itself. Through this merger, HiTech Plast will be able to quickly and cost-effectively integrate Plastic Precision Machinefabrik's sophisticated range of packaging products into its existing range. In addition, by having all processes under one roof, HiTech Plast can become more efficient in terms of materials, labour and operational costs, making it a more competitive and profitable business. This merger will result in greater synergy between both companies, leading to more innovation and stronger market positioning for HiTech Plast. Furthermore, this move will help HiTech Plast reach more customers worldwide, enabling them to become a truly global enterprise. The amalgamation is expected to be completed in 2021, with HiTech Plast welcoming Plastic Precision Machinefabrik’s existing employees and new resources to its fold as part of the integration.

Share Price: ₹230.25 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹406.38Cr as of today
Revenue: ₹146.51Cr as on September 2024 (Q3 24)
Net Profit: ₹2.78Cr as on September 2024 (Q3 24)
Listing date: 20 Dec, 2007
Chairperson Name: Jayendra Ratilal Shah
OrganisationHitech Corporation Ltd
HeadquartersMumbai
IndustryPackaging
E-voting on sharesClick here to vote

Key events for Hitech Corporation Ltd

  • Hitech Corporation Ltd's Dividend Prospects Ambivalent - 15 Jul, 2024

    Hitech Corporation Ltd is set to trade ex-dividend in the next 3 days, with a dividend of ₹1.00 per share. The company paid out just 7.8% of its profit last year and more than half (54%) of its free cash flow, indicating that the dividend is sustainable as long as earnings don't drop precipitously. However, Hitech has seen its dividend decline 4.6% per annum on average over the past 10 years.

Insights on Hitech Corporation Ltd

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

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.12% to 0.15% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Time Technoplast Ltd has given 353.3% return, outperforming this stock by 352.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.43% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Time Technoplast Ltd has given 105.7% return, outperforming this stock by 122.3%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, HITECHCORP stock has moved down by -21.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.39% to 25.36% in Sep 2024 quarter

Hitech Corporation Ltd Financials

Value in ₹ crore
DetailsQ'1 15Q'2 15Q'3 15Q'2 24Q'3 24
Revenue₹95.26Cr (-)₹102.35Cr (↑7.44%)₹107.30Cr (↑4.84%)₹142.62Cr (↑32.92%)₹146.51Cr (↑2.73%)
Net Income-₹0.17Cr (-)₹3.03Cr (↓1,882.35%)₹5.23Cr (↑72.61%)₹3.89Cr (↓25.62%)₹2.78Cr (↓28.53%)
Net Profit Margin-0.18% (-)2.96% (↓1,744.44%)4.87% (↑64.53%)2.73% (↓43.94%)1.90% (↓30.40%)
Value in ₹ crore
Details2021202220232024
Total Assets₹368.52Cr (-)₹358.35Cr (↓2.76%)₹344.33Cr (↓3.91%)₹392.58Cr (↑14.01%)
Total Liabilities₹186.44Cr (-)₹141.39Cr (↓24.16%)₹101.12Cr (↓28.48%)₹129.16Cr (↑27.73%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹56.34Cr (-)₹64.83Cr (↑15.07%)₹72.68Cr (↑12.11%)₹69.33Cr (↓4.61%)₹54.57Cr (↓21.29%)
0

Hitech Corporation Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.43%
0.00
Foreign Institutions
0.15%
27.58
Mutual Funds
0%
0.00
Retail Investors
25.36%
-0.13
Others
0.06%
0.00

Hitech Corporation Ltd Key Indicators

Details20102011201220132014
Book Value Per Share (₹)51.2860.4566.871.8175.57
Details20102011201220132014
Earning Per Share (₹)11.6811.987.647.615.99
Details20202021202220232024
Return On Equity %2.267.3615.0510.858.68

Hitech Corporation Ltd Valuation

Hitech Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.08x)

March 25, 2020

Today (25.66x)

November 19, 2024

Industry (54.36x)

November 19, 2024

Highest (45.27x)

January 6, 2022

LowHigh

Hitech Corporation Ltd Earnings and Dividends

  • Hitech Corporation Ltd Earnings Results

    Hitech Corporation Ltd’s net profit jumped 98.79% since last year same period to ₹4.91Cr in the Q2 2015-2016. On a quarterly growth basis, Hitech Corporation Ltd has generated 53.44% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Hitech Corporation Ltd Dividends May,2024

    In the quarter ending March 2024, Hitech Corporation Ltd has declared dividend of ₹1 - translating a dividend yield of 0.85%.

    Read More about Dividends

Hitech Corporation Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Hitech Corporation Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Hitech Corporation Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Hitech Corporation Ltd shares.

Hitech Corporation Ltd (HITECHCORP) share price today is ₹230.25

Hitech Corporation Ltd is listed on NSE

Hitech Corporation Ltd is listed on BSE

  • Today’s highest price of Hitech Corporation Ltd is ₹239.
  • Today’s lowest price of Hitech Corporation Ltd is ₹227.3.

PE Ratio of Hitech Corporation Ltd is 25.66

PE ratio = Hitech Corporation Ltd Market price per share / Hitech Corporation Ltd Earnings per share

Today’s traded volume of Hitech Corporation Ltd(HITECHCORP) is 8,722.00.

Today’s market capitalisation of Hitech Corporation Ltd(HITECHCORP) is ₹406.38Cr.

Hitech Corporation Ltd(HITECHCORPPrice
52 Week High
₹351.35
52 Week Low
₹179.9

Hitech Corporation Ltd(HITECHCORP) share price is ₹230.25. It is down -34.47% from its 52 Week High price of ₹351.35

Hitech Corporation Ltd(HITECHCORP) share price is ₹230.25. It is up 27.99% from its 52 Week Low price of ₹179.9

Hitech Corporation Ltd(HITECHCORPReturns
1 Day Returns
-6.35%
1 Month Returns
-21.15%
3 Month Returns
4.03%
1 Year Returns
-16.6%