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Market Capitalization of Hi-tech Pipes Ltd

Market Capitalization of Hi-tech Pipes Ltd

stocks purchased

₹ 0.8 Cr

Volume Transacted

(Dec 26, 2024)

stocks purchased

47.1 K

Stocks Traded

(Dec 26, 2024)

Last Updated on: Dec 26, 2024

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Hi-Tech Pipes Ltd

NSE: HITECH

Market Cap

₹ 3248.71 crore

Last updated on: Dec 26, 2024

Key Highlights

  • The Market Cap of Hi-Tech Pipes Ltd is ₹ 3248 crore as of 26 Dec 24 .
  • The Market Cap of Hi-Tech Pipes Ltd changed from ₹ 243.66 crore on March 2019 to ₹ 2092 crore on March 2024 . This represents a CAGR of 43.10% over 6 years.
  • The Latest Trading Price of Hi-Tech Pipes Ltd is ₹ 159.95 as of 26 Dec 15:30 .
  • The Dividend Payouts of Hi-Tech Pipes Ltd changed from ₹ 0.25 on Jul 05, 2018 to ₹ 0.025 on Sep 13, 2024 . This represents a CAGR of -31.87% over 6 years.

Historical Market Cap of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Company Fundamentals for Hi-Tech Pipes Ltd

No data available

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Hi-Tech Pipes Ltd

NSE: HITECH

Share Price

₹ 159.95

-2.00 (-1.23%)

stock direction

Last updated on: Dec 26, 2024

Market Price of Hi-Tech Pipes Ltd

1M

1Y

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Monitoring Hi-Tech Pipes Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
26 Dec 2024159.95
24 Dec 2024161.95
23 Dec 2024152.55
20 Dec 2024155.7
19 Dec 2024161.1
18 Dec 2024161.7
17 Dec 2024166.55
16 Dec 2024168.8
13 Dec 2024164.4
12 Dec 2024167.35

SWOT Analysis Of Hi-Tech Pipes Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Hi-Tech Pipes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hi-Tech Pipes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Hi-Tech Pipes Ltd

No data available

No data available

Historical P/E Ratio of Hi-Tech Pipes Ltd

No data available

* All values are in %

Historical Revenue of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical EBITDA of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical Net Profit of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical Dividend Payouts of Hi-Tech Pipes Ltd

No data available

* All values are in

About Hi-Tech Pipes Ltd

  • Hi-Tech Pipes Limited, (formerly known as Ram Lal Harbans Lal Limited) was incorporated in 1985.
  • The status was converted to Public Limited and the Company was renamed to Hi-Tech Pipes Limited in October, 1986.
  • The Company serves Infrastructure, Constructions, Automobiles, Energy, Agriculture, Oil & Gas, Defense, Engineering& Telecom industries.
  • It is a Multi Product company marking its presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures and a variety of other galvanised products.
  • The end uses of these products are in high-rise buildings, metro stations, bridges, dams, refineries, telecom, airports, highways, power projects etc. The Company works with the objective of providing customer satisfaction through superior quality products.

Hi-Tech Pipes Ltd News Hub

News

Hi-Tech Pipes receives upgrade in credit ratings

Hi-Tech Pipes has received upgrade in credit ratings for bank facilities as under: Fund ba...

Read more

16 Dec 2024 09:31

News

Hi-Tech Pipes rises after India Ratings upgrades rating with 'stable' outlook

The agency has also upgraded the company's short-term rating to 'IND A1+' from 'IND A1'. I...

Read more

16 Dec 2024 12:21

News

Hi-Tech Pipes appoints Hrithik Roshan as its brand ambassador

Hi-Tech Pipes has appointed Bollywood celebrity Hrithik Roshan as its Brand Ambassador. He...

Read more

26 Nov 2024 09:45

News

Board of Hi-Tech Pipes approves acquisition of Hi-tech Global Steels

The Board of Hi-Tech Pipes at its meeting held on 06 November 2024 has approved the 100% a...

Read more

06 Nov 2024 18:44

News

Hi-Tech Pipes Q2 PAT soars 72% YoY to Rs 18 cr

However, revenue from operations decreased by 5.37% YoY to Rs 70,590 crore in the quarter ...

Read more

06 Nov 2024 14:11

News

Hi-Tech Pipes schedules board meeting

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 6 November 2...

Read more

25 Oct 2024 16:52

Product Composition

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for Hi-Tech Pipes Ltd Market Cap

What is the market cap of Hi-Tech Pipes Ltd?

As of December 26, 2024, Hi-Tech Pipes Ltd has a market capitalization of ₹3248.71, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Hi-Tech Pipes Ltd's market capitalization?

Hi-Tech Pipes Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Hi-Tech Pipes Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Hi-Tech Pipes Ltd's market capitalization change?

Hi-Tech Pipes Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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