Hi-Tech Pipes Limited (Hitech) Share Price & Stock Analysis

Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes, mild steel round pipes, GI pipes, pre-galvanized steel pipes, crash barriers, cold rolled coils and strips, and coated coils and roofing sheets. It also offers hot rolled, pickled and oiled, cold rolled close annealed, cold rolled full hard, and BP sheets coil and strip products, as well as casing pipes for borewells. In addition, the company provides HR coil pipes, metal beam crash barriers, color-coated roofing sheets, and GC roofing sheets. It also exports its products. The company 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.

Key Metrics

Current Price₹86.33
Market Cap₹1,753 Cr
SectorMaterials > Materials > Metals and Mining
Sub-IndustrySteel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills
P/E Ratio22.9
Return on Equity5.88%
52-Week Range₹70.14 – ₹127.50
Beta (1Y)1.03
Dividend Yield0.03%

Business Segments

1. Manufacturing of Steel Pipes & CR products-100%

Peer Companies

Frequently Asked Questions

What is the current share price of Hi-Tech Pipes Limited (Hitech)?

Hi-Tech Pipes Limited (Hitech) is trading at ₹86.33, with a market capitalisation of ₹1,753 Cr.

Which sector does Hi-Tech Pipes Limited (Hitech) belong to?

Hi-Tech Pipes Limited (Hitech) operates in the Materials > Materials > Metals and Mining space (Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills).

What are the key financial ratios of Hi-Tech Pipes Limited (Hitech)?

Hi-Tech Pipes Limited (Hitech) has a P/E of 22.9 and a return on equity of 5.88%.