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HITECH

HITECH | NSE

185.18

INR

-0.69

-0.37%

HITECH | NSE

About HITECH

Sector

Basic Materials

Industry

Steel

Earnings date

31/03/2024

As of date

18/10/2024

Close

185.18

Open

186.10

High

186.59

Low

182.06

Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure constructions automobiles energy agriculture defense engineering and telecom industries in India. It offers GI pipes for agriculture and poly houses; steel pipes that are used for firefighting in commercial buildings and housing projects as well as railing fencing road signs cladding furniture and containers solar mounting structure roof top sheds infrastructure airport and metro stations; casing pipes for use in borewell and water management; structural pipes for poles and railings scaffolding casing columns and telecom tower appliactions; cold rolled coils and strips which are used in housing automobile office furniture electric lamination precision tubes and pipes and white goods; and steel hollow section pipes for commercial building. The company also provides metal beam crash barriers for applications such as national highways expressways bridges and flyovers high embankments/sharp curves and banks mines collieries high-density fast-moving traffic areas village areas along highways motor racing/test drove tracks crash test sites factory areas traffic safety in airports plants handling hazardous chemicals and multi-story parking; and GC roofing sheets and color coated roofing sheets for housing industry. It operates through a network of approximately 390 distributors and dealers. The company also 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.

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HITECH | NSE

Risk
39.1
Sharpe
2.42
Luna's Score
48/100
Recommendation
Hold

Luna says (HITECH | NSE)

What's Working

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

44.3%

1 month

39.1%

3 months

41.4%

6 months

43.2%

Returns

Fundamental Ratios

PE

56.84

Fwd. PE

-

Price to book

6.99

Debt to equity

0.63

Debt to assets

0.31

Ent. to EBITDA

39.35

Ent. to rev.

1.69

PEG

-

Other Fundamentals

EBITDA

1.34B

MarketCap

33.54B

MarketCap(USD)

404.05M

Div. yield

0.01

Op. margin

4.33

Erngs. growth

128.90

Rev. growth

35.00

Ret. on equity

8.84

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

25.94

Range1M

28.79

Range3M

74.75

Volumes: Market Activity

Rel. volume

1.44

Price X volume

514.16M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Savita Oil Technologies LimitedSOTLSpecialty Chemicals534.4536.81B-1.07%19.980.00%
Precision Wires India LtdPRECWIREElectrical Equipment & Parts203.7536.48B-1.11%46.6519.47%
Polyplex Corporation LimitedPOLYPLEXSpecialty Chemicals1157.0536.32B3.93%38.4721.30%
DCB Bank LimitedDCBBANKBanks-Regional114.5135.97B0.17%6.69122.64%
Mahindra Logistics LimitedMAHLOGIntegrated Freight & Logistics487.6535.14B-2.01%n/a150.12%
Fino Payments Bank LimitedFINOPBBanks-Regional421.735.10B-3.11%38.66110.80%
Jindal Poly Films LimitedJINDALPOLYSpecialty Chemicals789.534.57B-0.77%24.38104.96%
HPL Electric & Power LimitedHPLElectrical Equipment & Parts532.534.24B-0.56%63.7075.65%
Thirumalai Chemicals LimitedTIRUMALCHMSpecialty Chemicals309.631.94B-0.32%n/a109.21%
Eveready Industries India LimitedEVEREADYElectrical Equipment & Parts415.6530.21B42.3779.27%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
JNK India LtdJNKINDIAIN689.6536.27B-0.04%79.84
Apeejay Surrendra Park Hotels LimitedPARKHOTELSIN158.7835.69B-0.78%60.878.34%
SHIPPING CORPORATION OF INDIA LANDSCILALIN67.0333.23B1.71%74.220.00%
Motisons Jewellers LtdMOTISONSIN299.430.72B-1.55%71.0033.90%
BAJEL PROJECTS LTDBAJELIN267.327.43B-1.55%252.532.63%
Ecos India Mobility & Hospitality LtdECOSMOBLTYIN445.3526.94B0.00%45.71
Platinum Industries LtdPLATINDIN447.125.72B3.17%n/a2.26%
Sanstar LtdSANSTARIN126.7725.40B-0.62%38.22
BLS E-Services LimitedBLSEIN214.9420.22B-0.07%54.861.70%
Yatra Online LimitedYATRAIN120.5518.95B-0.86%n/a11.42%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA39.3522.37Expensive
Ent. to Revenue1.692.29Cheaper
PE Ratio56.8426.54Expensive
Price to Book6.994.49Expensive
Dividend Yield0.010.78Poor
Std. Deviation (3M)41.4446.66Par
Debt to Equity0.630.47Expensive
Debt to Assets0.310.28Par
Market Cap33.54B182.58BEmerging
  • 1

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