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Hi-Tech Pipes Ltd

HITECH
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹1,145 cr, stock is ranked 1,137
High RiskStock is 4.15x as volatile as Nifty
85.302.25 (-2.57%)

Price Chart

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Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

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IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹1,145 cr, stock is ranked 1,137
High RiskStock is 4.15x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
27.78
PB RatioPB Ratio
2.74
Dividend YieldDiv. Yield
0.03%
Sector PESector PE
44.52
Sector PBSector PB
5.29
Sector Div YldSctr Div Yld
0.64%

Forecast & RatingsDetailed Forecast 

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Hi -Tech Pipes Limited is a company which produces steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips, and a range of other galvanized products.

Investor PresentationView older 

Aug 11, 2023

PDF
View Older Presentations

Financial TrendFinancial statements 

20202021202220231.211.341.882.390.020.020.040.04
Revenue
Profit
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 3.75%

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent EventsAll events 

Copy of Newspaper Publication 
Announced OnSep 8, 2023

Hi-Tech Pipes Limited has informed the Exchange about Copy of Newspaper Publication regarding completion of dispatch of Notice of 39th Annual General Meeting and Annual Report for FY 2022-23. | Download

Hi-Tech Pipes Limited has informed the Exchange about Copy of Newspaper Publication regarding completion of dispatch of Notice of 39th Annual General Meeting and Annual Report for FY 2022-23. | Download

Reply to Clarification Sought 
Announced OnSep 7, 2023

HITECH: The Exchange had sought clarification from Hi-Tech Pipes Limited with respect to announcement dated 11-Aug-2023, regardingᅡᅠ Appointment of Mr. Arvind Kumar Bansal as Executive Director & Chief Financial Officer of the company w.e.f. August 11, 2023. On basis of above the Company was required to clarify following: 1. Affirmation that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI Order or any other authority.ᅡᅠ The response of the Company is attached. | Download

HITECH: The Exchange had sought clarification from Hi-Tech Pipes Limited with respect to announcement dated 11-Aug-2023, regardingᅡᅠ Appointment of Mr. Arvind Kumar Bansal as Executive Director & Chief Financial Officer of the company w.e.f. August 11, 2023. On basis of above the Company was required to clarify following: 1. Affirmation that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI Order or any other authority.ᅡᅠ The response of the Company is attached. | Download

Cash Dividend 
Ex. DateSep 22, 2023

Final • Div/Share: ₹ 0.03

See all events