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Hi-Tech Pipes Ltd (HITC)

BSE
Currency in INR
Disclaimer
190.05
+2.05(+1.09%)
Closed
HITC Scorecard
Full Analysis
Trading at a high earnings multiple
Fair Value
Day's Range
183.45198.00
52 wk Range
82.00210.75
Bid/Ask
190.05 / 190.05
Prev. Close
190.05
Open
190
Day's Range
183.45-198
52 wk Range
82-210.75
Volume
121,099
Average Vol. (3m)
174,628
1-Year Change
131.35%
Fair Value
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Fair Value Upside
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HITC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
185.50
Downside
-2.24%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth

Hi-Tech Pipes Ltd Company Profile

Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes; mild steel round pipes; galvanized steel; pre-galvanized steel pipes; crash barriers; cold rolled coils and strips; and coated coils and roofing sheets. It offers CRFH, HROP, and GPGC coil and strip products. The company’s products are used for construction, infrastructure, automotive, furniture, storage solutions, agriculture, fencing and signage, industrial, railing, cladding, furniture and containers, solar mounting structure, rooftop sheds, home appliances, electronics, borewell, transport, fire fighting for commercial housing, telecom, real estate, and scaffolding applications. It sells its products under the Hi-Tech Jal Shakti Pipes, Hi-Tech Organic GI Pipes, Hi-Tech Casewell, Hi-Tech Bahubali, Hi-Tech Pre-gal, Hi-Tech Firefighter, Hi-Tech Shakti, and Hi-Tech Flatmax brands. The company serves its products to dealers and distributors, OEM, architects, builders, and contractors. It exports its products. Hi-Tech Pipes Limited was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.

Employees
525
Market
India

Compare HITC to Peers and Sector

Metrics to compare
HITC
Peers
Sector
Relationship
P/E Ratio
61.9x20.7x0.1x
PEG Ratio
1.170.170.00
Price / Book
5.8x2.9x1.6x
Price / LTM Sales
1.1x1.3x1.3x
Upside (Analyst Target)
−2.4%5.8%24.1%
Fair Value Upside
Unlock−13.1%0.4%Unlock

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FAQ

What Is the Hi-Tech Pipes (HITC) Stock Price Today?

The Hi-Tech Pipes stock price today is 190.05

What Stock Exchange Does Hi-Tech Pipes Trade On?

Hi-Tech Pipes is listed and trades on the BSE stock exchange.

What Is the Stock Symbol for Hi-Tech Pipes?

The stock symbol for Hi-Tech Pipes is "HITC."

Does Hi-Tech Pipes Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 0.01%.

What Is the Hi-Tech Pipes Market Cap?

As of today, Hi-Tech Pipes market cap is 33.42B.

What is Hi-Tech Pipes Earnings Per Share?

The Hi-Tech Pipes EPS is 3.88.

What Is the Next Hi-Tech Pipes Earnings Date?

Hi-Tech Pipes will release its next earnings report on Nov 27, 2024.
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