HITECH

Hi-Tech Pipes Share PriceHi-Tech Pipes

₹77.6
-0.25 (-0.32%)
As on 09 June, 2023 | 12:44 BSE: 543411 NSE: HITECH

Hi-Tech Pipes Performance

Day Range

  • Low
  • High
77.6

52 Week Range

  • Low
  • High
77.6
  • Open Price
  • Previous Close
  • Volume

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Hi-Tech Pipes Share Price

  • Over 1 Month 4.36%
  • Over 3 Month -12.82%
  • Over 6 Month -9.35%
  • Over 1 Year 66.24%

Hi-Tech Pipes Key Statistics

P/E Ratio 26.3
PEG Ratio -4
Market Cap Cr 992
Price to Book Ratio 2.4
EPS 2.7
Dividend 0.1
Relative Strength Index 54.5
Money Flow Index 66.32
MACD Signal 0.16
Average True Range 2.92

Hi-Tech Pipes Investment Rating

  • Master Rating:
  • Hi Tech Pipes has an operating revenue of Rs. 2,385.85 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 22%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hi-Tech Pipes Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 553444457407484
Operating Expenses Qtr Cr 525425438394460
Operating Profit Qtr Cr 2819181324
Depreciation Qtr Cr 53222
Interest Qtr Cr 666710
Tax Qtr Cr 43114
Net Profit Qtr Cr 148349

Hi-Tech Pipes Technicals

EMA & SMA

Current Price
₹77.6
-0.25 (-0.32%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹76.64
  • 50 Day
  • ₹77.37
  • 100 Day
  • ₹78.1
  • 200 Day
  • ₹74.6
  • 20 Day
  • ₹75.57
  • 50 Day
  • ₹76.02
  • 100 Day
  • ₹82.28
  • 200 Day
  • ₹75.58

Hi-Tech Pipes Resistance and Support

PIVOT
₹78.69
Resistance
First Resistance ₹79.77
Second Resistance ₹81.69
Third Resistance ₹82.77
RSI 54.5
MFI 66.32
MACD Single Line 0.16
MACD 0.83
Support
First Resistance ₹76.77
Second Resistance ₹75.69
Third Resistance ₹73.77

Hi-Tech Pipes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 713,512 53,770,264 75.36
Week 749,005 45,359,719 60.56
1 Month 456,388 27,360,477 59.95
6 Month 245,326 13,811,882 56.3

Hi-Tech Pipes Result Highlights

Hi-Tech Pipes Synopsis

NSE-Steel-Producers

Hi-Tech Pipes Ltd. is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 1860.55 Cr. and Equity Capital is Rs. 12.78 Cr. for the Year ended 31/03/2023. Hi-Tech Pipes Ltd. is a Public Limited Listed company incorporated on 02/01/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L27202DL1985PLC019750 and registration number is 019750.
Market Cap 1,019
Sales 1,861
Shares in Float 5.50
No of funds 9
Yield 0.03
Book Value 2.71
U/D Vol ratio 0.8
LTDebt / Equity 16
Alpha 0.18
Beta 1.57

Hi-Tech Pipes

Owner NameMar-23Feb-23Dec-22Sep-22
Promoters 56.87%57.81%59.32%59.32%
Mutual Funds 1.56%1.56%
Foreign Portfolio Investors 1.06%1.11%0.57%0.01%
Individual Investors 23.85%24.22%26%26.83%
Others 16.66%15.3%14.11%13.84%

Hi-Tech Pipes Management

Name Designation
Mr. Ajay Kumar Bansal Managing Director
Mr. Anish Bansal Whole Time Director
Mr. Vivek Goyal Ind. Non-Executive Director
Mr. Prashant Kumar Saxena Ind. Non-Executive Director
Mrs. Neerja Kumar Ind. Non-Executive Woman Director
Mr. Mukesh Kumar Garg Ind. Non-Executive Director

Hi-Tech Pipes Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hi-Tech Pipes Corporate Action

Date Purpose Remarks
2023-05-27 Audited Results & Final Dividend
2023-01-28 Quarterly Results & Stock Split
2022-11-24 Preferential issue of shares
2022-11-14 Quarterly Results & Preferential issue
2022-08-10 Quarterly Results
Date Purpose Remarks
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 MF Shareholding

Name Amount(cr)
Quant Small Cap Fund Growth 4092
Quant Flexi Cap Fund Growth 1334
Quant Quantamental Fund Regular Growth 580

Hi-Tech Pipes FAQs

What is Share Price of Hi-Tech Pipes ?

Hi-Tech Pipes share price is ₹77 As on 09 June, 2023 | 12:30

What is the Market Cap of Hi-Tech Pipes ?

The Market Cap of Hi-Tech Pipes is ₹991.8 Cr As on 09 June, 2023 | 12:30

What is the P/E ratio of Hi-Tech Pipes ?

The P/E ratio of Hi-Tech Pipes is 26.3 As on 09 June, 2023 | 12:30

What is the PB ratio of Hi-Tech Pipes ?

The PB ratio of Hi-Tech Pipes is 2.4 As on 09 June, 2023 | 12:30

Q2FY23

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