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Market Capitalization of Hi-tech Pipes Ltd

Market Capitalization of Hi-tech Pipes Ltd

stocks purchased

₹ 1.6 Cr

Volume transacted

stocks purchased

82.8 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Hi-Tech Pipes Ltd

NSE: HITECH

MARKETCAP

3420.96 crore

Last updated: 17 Sep 24

Key Highlights

  • The Market Cap of Hi-Tech Pipes Ltd is ₹ 3420 crore as of 17 Sep 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 ₹ 194.25 as of 17 Sep 15:30.

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

PRICE

194.25

-2.55 (-1.30%)

stock direction

Last updated: 17 Sep 15:30

Share price Over Time

1M

1Y

3Y

5Y

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 Share Price

Date
leftPriceleft
17 Sep 2024194.25
16 Sep 2024196.8
13 Sep 2024192.65
12 Sep 2024194.2
11 Sep 2024192.65
10 Sep 2024191.75
09 Sep 2024191.4
06 Sep 2024189.9
05 Sep 2024194
04 Sep 2024186.95

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 P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Hi-Tech Pipes Ltd633,420
JSW Steel Ltd332,35,681
Tata Steel Ltd951,90,748
Jindal Steel & Power Ltd191,07,364
Tube Investments of India Ltd12179,992
Jindal Stainless Ltd2462,285

Key Valuation Metric of Hi-Tech Pipes Ltd

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 Payout 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.

Hi-Tech Pipes Ltd News Hub

News

Hi-Tech Pipes to conduct AGM

Hi-Tech Pipes announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

03 Sep 202411:37

News

Hi-Tech Pipes receives credit ratings from India Ratings and Research

Hi-Tech Pipes has received the credit rating of IND A; Stable/ IND A1 for bank facilities ...

Read more

03 Sep 202410:16

News

Hi-Tech Pipes wins order of Rs 105 cr from renewable energy sector

Hi-Tech Pipes has received order for supplying ERW Steel Pipes, totaling of Rs.105 (Inclus...

Read more

20 Aug 202409:10

News

Hi-Tech Pipes board approves fund raising upto Rs 600 cr

The company may issue of equity shares or any other equity linked instruments or securitie...

Read more

20 Aug 202408:57

News

Hi-Tech Pipes rises after securing orders worth Rs 105 crore from renewable energy sector

'These significant contracts reflect the growing demand for sustainable energy solutions a...

Read more

20 Aug 202411:59

News

Hi-Tech Pipes to consider Fund Raising

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 19 August 20...

Read more

14 Aug 202410:42

Product Composition

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Annual Reports

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Credit Ratings

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Concalls

FAQs for Market Cap of Hi-Tech Pipes Ltd

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

As of September 18, 2024, Hi-Tech Pipes Ltd has a market capitalization of ₹3420.96, 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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