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HITECH

HITECH | NSE

88.35

INR

-1.63

-1.81%

HITECH | NSE
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About HITECH

Sector

Basic Materials

Industry

Steel

Earnings date

31/03/2024

As of date

24/04/2026

Close

88.35

Open

89.97

High

90.78

Low

86.85

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
55.8
Sharpe
-0.43
Luna's Score
48/100
Recommendation
Hold

Luna says (HITECH | NSE)

What's Working

Strong Revenue Growth (> 10%)

What's not Working

Microcap (<300M USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

46.6%

1 month

55.8%

3 months

55.7%

6 months

44.8%

Returns

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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

18.01B

MarketCap(USD)

188.25M

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: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

10.77

Range1M

22.86

Range3M

22.86

Volumes: Market Activity

Volume Averages

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Rel. volume

0.60

Price X volume

61.18M

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  • 1

Diversifiers

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JNK India LtdJNKINDIAIN350.8318.89B-4.67%79.84
Yatra Online LimitedYATRAIN112.4917.81B-8.07%n/a11.42%
Sanstar LtdSANSTARIN87.9317.73B-2.26%38.22
BLS E-Services LimitedBLSEIN177.0817.25B-0.69%54.861.70%
Signpost India LimitedSIGNPOSTAdvertising Agencies261.5815.33B-2.64%30.5480.30%
GPT Healthcare LtdGPTHEALTHIN136.3112.10B1.49%32.1913.98%
Borosil ScientificBOROSCIIN114.4410.93B-1.43%69.57
Platinum Industries LtdPLATINDIN220.1110.74B-1.25%n/a2.26%
Ecos India Mobility & Hospitality LtdECOSMOBLTYIN134.828.63B-3.65%45.71
Gala Precision EngineeringGALAPRECIN735.27.80B-3.68%44.61
  • 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)55.7446.66Par
Debt to Equity0.630.47Expensive
Debt to Assets0.310.28Par
Market Cap18.01B182.58BEmerging
  • 1

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