Hi-Tech Pipes Ltd (HITC)

NSE
Currency in INR
130.16
-2.28(-1.72%)
Closed
HITC Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
Earnings results expected in 3 days
Fair Value
Day's Range
129.15132.61
52 wk Range
102.80210.85
Key Statistics
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Bid/Ask
130.16 / 130.70
Prev. Close
132.44
Open
131.8
Day's Range
129.15-132.61
52 wk Range
102.8-210.85
Volume
180.05K
Average Volume (3m)
666K
1-Year Change
-11.94%
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
229.33
Upside
+76.19%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Hi-Tech Pipes 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
42.9x18.3x−0.1x
PEG Ratio
0.640.300.00
Price/Book
3.5x1.9x1.6x
Price / LTM Sales
0.9x0.8x1.2x
Upside (Analyst Target)
72.9%13.5%28.9%
Fair Value Upside
Unlock−9.2%2.2%Unlock

Analyst Ratings

3 Buy
0 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 229.33
(+76.19% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.03
Dividend Yield
0.02%
Industry Median 5.16%
Annualised payout
0.0250
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 06, 2024
EPS / Forecast
1.00 / 1.00
Revenue / Forecast
7.06B / 7.06B
EPS Revisions
Last 90 days

FAQ

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

The Hi-Tech Pipes stock price today is 130.16.

What Stock Exchange Does Hi-Tech Pipes Trade On?

Hi-Tech Pipes is listed and trades on the NSE 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 Hi-Tech Pipes dividend yield is 0.02%.

What Is the Hi-Tech Pipes Market Cap?

As of today, Hi-Tech Pipes market cap is 26.44B.

What is Hi-Tech Pipes Earnings Per Share?

The Hi-Tech Pipes EPS is 4.03.

What Is the Next Hi-Tech Pipes Earnings Date?

Hi-Tech Pipes will release its next earnings report on 11 Feb 2025.

From a Technical Analysis Perspective, Is HITC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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