HITECHCORP

Hitech Corporation Share PriceHitech Corporation

₹204.9
-1.3 (-0.63%)
As on 05 June, 2023 | 14:56 BSE: 526217 NSE: HITECHCORP

Hitech Corporation Performance

Day Range

  • Low
  • High
204.9

52 Week Range

  • Low
  • High
204.9
  • Open Price
  • Previous Close
  • Volume

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Hitech Corporation Share Price

  • Over 1 Month 10.4%
  • Over 3 Month 4.06%
  • Over 6 Month -15.14%
  • Over 1 Year -13.82%

Hitech Corporation Key Statistics

P/E Ratio 12.4
PEG Ratio -0.5
Market Cap Cr 352
Price to Book Ratio 1.4
EPS 14.8
Dividend 0.5
Relative Strength Index 68.48
Money Flow Index 75.99
MACD Signal 3.68
Average True Range 8.52

Hitech Corporation Investment Rating

  • Master Rating:
  • Hitech Corporation has an operating revenue of Rs. 558.67 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 7% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 14% up from 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 24 which is a POOR score indicating inconsistency in earnings, a RS Rating of 29 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 79 indicates it belongs to a poor industry group of Containers/Packaging and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hitech Corporation Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 128121161148150
Operating Expenses Qtr Cr 112107136129128
Operating Profit Qtr Cr 1714251922
Depreciation Qtr Cr 77777
Interest Qtr Cr 33444
Tax Qtr Cr 21423
Net Profit Qtr Cr 931068

Hitech Corporation Technicals

EMA & SMA

Current Price
₹204.9
-1.3 (-0.63%)
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹190.92
  • 50 Day
  • ₹187.92
  • 100 Day
  • ₹194.85
  • 200 Day
  • ₹208.09
  • 20 Day
  • ₹188.72
  • 50 Day
  • ₹179.8
  • 100 Day
  • ₹193.13
  • 200 Day
  • ₹216.13

Hitech Corporation Resistance and Support

PIVOT
₹204.45
Resistance
First Resistance ₹212.75
Second Resistance ₹219.3
Third Resistance ₹227.6
RSI 68.48
MFI 75.99
MACD Single Line 3.68
MACD 4.91
Support
First Resistance ₹197.9
Second Resistance ₹189.6
Third Resistance ₹183.05

Hitech Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 26,880 1,978,906 73.62
Week 9,477 646,318 68.2
1 Month 16,654 904,305 54.3
6 Month 14,182 858,981 60.57

Hitech Corporation Result Highlights

Hitech Corporation Synopsis

NSE-Containers/Packaging

Hitech Corporation belongs to the Industry of Packaging & Containers. Company’s Total Operating Revenue is Rs. 558.67 Cr. and Equity Capital is Rs. 17.18 Cr. for the Year ended 31/03/2023. Hitech Corporation Ltd. is a Public Limited Listed company incorporated on 16/10/1991 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28992MH1991PLC168235 and registration number is 168235.
Market Cap 352
Sales 559
Shares in Float 0.45
No of funds 1
Yield 0.48
Book Value 1.46
U/D Vol ratio 1
LTDebt / Equity 6
Alpha -0.04
Beta 1.03

Hitech Corporation

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 74.43%74.43%74.43%74.43%
Foreign Portfolio Investors
Individual Investors 18.95%19.16%18.99%19.06%
Others 6.62%6.41%6.58%6.51%

Hitech Corporation Management

Name Designation
Mr. Ashwin S Dani Chairman
Mr. Malav A Dani Managing Director
Mr. Mehernosh A Mehta Whole Time Director
Ms. Kalpana V Merchant Independent Director
Mr. Bomi P Chinoy Independent Director
Mr. Harish N Motiwalla Independent Director
Mr. Jayendra R Shah Independent Director
Mr. Aditya M Sheth Independent Director

Hitech Corporation Forecast

Price Estimates

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

Other Analyst Rating

Hitech Corporation Corporate Action

Date Purpose Remarks
2023-05-17 Audited Results & Final Dividend
2023-02-11 Quarterly Results (Revised) per share(9%)Dividend
2022-11-08 Quarterly Results
2022-08-06 Quarterly Results
2022-05-14 Audited Results & Dividend
Date Purpose Remarks
2022-07-08 FINAL Rs.1.00 per share(10%)Dividend
2021-07-22 FINAL Rs.1.00 per share(10%)Dividend

Hitech Corporation FAQs

What is Share Price of Hitech Corporation ?

Hitech Corporation share price is ₹204 As on 05 June, 2023 | 14:42

What is the Market Cap of Hitech Corporation ?

The Market Cap of Hitech Corporation is ₹351.9 Cr As on 05 June, 2023 | 14:42

What is the P/E ratio of Hitech Corporation ?

The P/E ratio of Hitech Corporation is 12.4 As on 05 June, 2023 | 14:42

What is the PB ratio of Hitech Corporation ?

The PB ratio of Hitech Corporation is 1.4 As on 05 June, 2023 | 14:42

Q2FY23

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