HITECH

Hi-Tech Pipes Share PriceHi-Tech Pipes

₹894.45
6.3 (0.71%)
As on 08 February, 2023 | 08:43 BSE: 543411 NSE: HITECH

Hi-Tech Pipes Performance

Day Range

  • Low
  • High

52 Week Range

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

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Hi-Tech Pipes Share Price

  • Over 1 Month 5.04%
  • Over 3 Month 38.62%
  • Over 6 Month 67.91%
  • Over 1 Year 64.51%

Hi-Tech Pipes Key Statistics

P/E Ratio 33.2
PEG Ratio -4.6
Market Cap Cr 1,098
Price to Book Ratio 4.2
EPS 24.3
Dividend 0.1
Relative Strength Index 50.27
Money Flow Index 75.1
MACD Signal 26.08
Average True Range 38.07

Hi-Tech Pipes Investment Rating

  • Master Rating:
  • Hi Tech Pipes has an operating revenue of Rs. 2,278.77 Cr. on a trailing 12-month basis. An annual revenue growth of 40% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 15% is good. The company has a debt to equity of 57%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 39% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 88 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 40 indicates it belongs to a strong industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hi-Tech Pipes Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 444457407484
Operating Expenses Qtr Cr 425438394460
Operating Profit Qtr Cr 19181324
Depreciation Qtr Cr 3222
Interest Qtr Cr 66710
Tax Qtr Cr 3114
Net Profit Qtr Cr 8349

Hi-Tech Pipes Technicals

EMA & SMA

Current Price
₹894.45
6.3 (0.71%)
  • Bullish Moving Average
  • ___
  • 8
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • 903.82
  • 50 Day
  • 852.43
  • 100 Day
  • 776.75
  • 200 Day
  • 690.24
  • 20 Day
  • 913.37
  • 50 Day
  • 864.83
  • 100 Day
  • 750.42
  • 200 Day
  • 639.82

Hi-Tech Pipes Resistance and Support

PIVOT
₹895.29
Resistance
First Resistance 905.57
Second Resistance 922.99
Third Resistance 933.27
RSI 50.27
MFI 75.1
MACD Single Line 26.08
MACD 16.5
Support
First Resistance 877.87
Second Resistance 867.59
Third Resistance 850.17

Hi-Tech Pipes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 61,429 3,230,551 52.59
Week 48,134 2,355,216 48.93
1 Month 179,764 9,322,578 51.86
6 Month 116,453 6,160,362 52.9

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. 1511.89 Cr. and Equity Capital is Rs. 12.27 Cr. for the Year ended 31/03/2022. 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 1,098
Sales 1,792
Shares in Float 0.50
No of funds 7
Yield 0.06
Book Value 5.07
U/D Vol ratio 2.7
LTDebt / Equity 38
Alpha 0.24
Beta 1.22

Hi-Tech Pipes

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 59.32%59.32%59.32%
Foreign Portfolio Investors 0.57%0.01%0.01%
Individual Investors 26%26.83%26.93%
Others 14.11%13.84%13.74%

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 FAQs

What is Share Price of Hi-Tech Pipes ?

Hi-Tech Pipes share price is ₹894 As on 08 February, 2023 | 08:29

What is the Market Cap of Hi-Tech Pipes ?

The Market Cap of Hi-Tech Pipes is ₹1097.6 Cr As on 08 February, 2023 | 08:29

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

The P/E ratio of Hi-Tech Pipes is 33.2 As on 08 February, 2023 | 08:29

What is the PB ratio of Hi-Tech Pipes ?

The PB ratio of Hi-Tech Pipes is 4.2 As on 08 February, 2023 | 08:29

Q2FY23