Hitech Corporation
Hitech Corporation Performance
Day Range
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- High
52 Week Range
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- High
- Open Price
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Start SIP in Hitech Corporation
Start SIPHitech Corporation Investment Rating
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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
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 128 | 121 | 161 | 148 | 150 |
| Operating Expenses Qtr Cr | 112 | 107 | 136 | 129 | 128 |
| Operating Profit Qtr Cr | 17 | 14 | 25 | 19 | 22 |
| Depreciation Qtr Cr | 7 | 7 | 7 | 7 | 7 |
| Interest Qtr Cr | 3 | 3 | 4 | 4 | 4 |
| Tax Qtr Cr | 2 | 1 | 4 | 2 | 3 |
| Net Profit Qtr Cr | 9 | 3 | 10 | 6 | 8 |
Hitech Corporation Technicals
EMA & SMA
- 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
| 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 Name | Mar-23 | Dec-22 | Sep-22 | Jun-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
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