Garg Furnace Ltd vs Hi Tech Pipes Ltd Stock Comparison

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Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Garg Furnace Ltd is ₹ 115.5 as of 03 Jun 15:30 . The P/E Ratio of Garg Furnace Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of Hi-Tech Pipes Ltd changed from 19.5 on March 2021 to 28.6 on March 2025 . This represents a CAGR of 7.96% over 5 years The Market Cap of Garg Furnace Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Market Cap of Hi-Tech Pipes Ltd changed from ₹ 445.05 crore on March 2021 to ₹ 2087 crore on March 2025 . This represents a CAGR of 36.23% over 5 years The revenue of Garg Furnace Ltd for the Mar '26 is ₹ 78.57 crore as compare to the Mar '25 revenue of ₹ 0 crore. This represent the growth of 9.2233718E16% The revenue of Hi-Tech Pipes Ltd for the Mar '26 is ₹ 1480 crore as compare to the Mar '25 revenue of ₹ 733.76 crore. This represent the growth of 101.78% The ebitda of Garg Furnace Ltd for the Mar '26 is ₹ 4.3 crore as compare to the Mar '25 ebitda of ₹ 0 crore. This represent the growth of 9.2233718E16% The ebitda of Hi-Tech Pipes Ltd for the Mar '26 is ₹ 46.57 crore as compare to the Mar '25 ebitda of ₹ 34.94 crore. This represent the growth of 33.29% The net profit of Garg Furnace Ltd changed from ₹ 1.25 crore to ₹ 2.65 crore over 5 quarters. This represents a CAGR of 82.42% The net profit of Hi-Tech Pipes Ltd changed from ₹ 18.05 crore to ₹ 17.6 crore over 8 quarters. This represents a CAGR of -1.25% The Dividend Payout of Garg Furnace Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Hi-Tech Pipes Ltd changed from 2.05 % on March 2022 to 0.8 % on March 2025 . This represents a CAGR of -20.96% over 4 years .

About Garg Furnace Ltd

Incorporated in Dec.'73 as a private limited company, Garg Furnace Limited was converted into a public limited company in Feb.'76.
Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc.
Its manufacturing plants are situated at Ludhiana, in Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
In 1981, the arc furnace was scrapped, as its technology was not so successful and during the same year, it installed a 0.5-metric tonne capacity induction melting furnace.
In 1988, it added a rolling mill for the manufacture of MS hot rolled rounds.

About Hi-Tech Pipes Ltd

Hi-Tech Pipes Limited, formerly known as Ram Lal Harbans Lal Limited was incorporated in 1985.
The status of the Company was converted to Public Limited and 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 work with the installed capacity of 750,000 tonnes per annum spread across six state-of-the-art facilities.

FAQs for the comparison of Garg Furnace Ltd and Hi-Tech Pipes Ltd

Which company has a larger market capitalization, Garg Furnace Ltd or Hi-Tech Pipes Ltd?

Market cap of Garg Furnace Ltd is 80 Cr while Market cap of Hi-Tech Pipes Ltd is 1,748 Cr

What are the key factors driving the stock performance of Garg Furnace Ltd and Hi-Tech Pipes Ltd?

The stock performance of Garg Furnace Ltd and Hi-Tech Pipes Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Garg Furnace Ltd and Hi-Tech Pipes Ltd?

As of June 3, 2026, the Garg Furnace Ltd stock price is INR ₹118.5. On the other hand, Hi-Tech Pipes Ltd stock price is INR ₹86.08.

How do dividend payouts of Garg Furnace Ltd and Hi-Tech Pipes Ltd compare?

To compare the dividend payouts of Garg Furnace Ltd and Hi-Tech Pipes Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

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.