Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Hi-Tech Pipes Consolidated December 2021 Net Sales At Rs 440.02 Crore, Up 5.85% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 9.83% in the December 2021 quarter

Hi-Tech Pipes Consolidated September 2021 Net Sales At Rs 460.79 Crore, Up 20.77% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 55.09% in the September 2021 quarter

Hi-Tech Pipes standalone net profit rises 98.71% in the September 2021 quarter

Hi-Tech Pipes Standalone June 2021 Net Sales At Rs 304.79 Crore, Up 216% Y-o-Y

The Outlook revision to Stable from Negative factors in the resilience of business and swift recovery from initial impact of Covid-19.

Brickwork reaffirms ratings with change in outlook to stable for of Hi-Tech Pipes’ bank facilities

Hi-Tech Pipes consolidated net profit rises 1678.00% in the June 2021 quarter

Q4 PAT increased 55% to Rs6.5cr. EBITDA up 33% as margins improved.

Hi-Tech Pipes revenue grows by 31% in Q4FY21 led by higher sales realization; Stock under pressure

Hi-Tech Pipes consolidated net profit rises 54.87% in the March 2021 quarter

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.

Hi-Tech Pipes Ltd

Hi-Tech Pipes Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hi-Tech Pipes Consolidated December 2021 Net Sales At Rs 440.02 Crore, Up 5.85% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 9.83% in the December 2021 quarter

Hi-Tech Pipes Consolidated September 2021 Net Sales At Rs 460.79 Crore, Up 20.77% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 55.09% in the September 2021 quarter

Hi-Tech Pipes standalone net profit rises 98.71% in the September 2021 quarter

Hi-Tech Pipes Standalone June 2021 Net Sales At Rs 304.79 Crore, Up 216% Y-o-Y

Hi-Tech Pipes Standalone June 2021 Net Sales At Rs 304.79 Crore, Up 216% Y-o-Y

Hi-Tech Pipes Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hi-Tech Pipes Consolidated December 2021 Net Sales At Rs 440.02 Crore, Up 5.85% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 9.83% in the December 2021 quarter

Hi-Tech Pipes Consolidated September 2021 Net Sales At Rs 460.79 Crore, Up 20.77% Y-o-Y

Hi-Tech Pipes consolidated net profit rises 55.09% in the September 2021 quarter

Hi-Tech Pipes standalone net profit rises 98.71% in the September 2021 quarter

Hi-Tech Pipes Standalone June 2021 Net Sales At Rs 304.79 Crore, Up 216% Y-o-Y

Hi-Tech Pipes Standalone June 2021 Net Sales At Rs 304.79 Crore, Up 216% Y-o-Y

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock