Hi Tech Pipes Ltd vs Maiden Forgings Ltd Stock Comparison
Hi Tech Pipes Ltd vs Maiden Forgings Ltd Stock Comparison
Last Updated on: Jun 03, 2026
Key Highlights
The Latest Trading Price of Hi-Tech Pipes Ltd is ₹ 87.67 as of 03 Jun 15:30
. The 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 yearsThe P/E Ratio of Maiden Forgings Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The 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 yearsThe Market Cap of Maiden Forgings Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Hi-Tech Pipes Ltd for the Mar '26 is ₹ 1480 crore as compare to the Dec '25 revenue of ₹ 1069 crore. This represent the growth of 38.4% The revenue of Maiden Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Hi-Tech Pipes Ltd for the Mar '26 is ₹ 46.57 crore as compare to the Dec '25 ebitda of ₹ 42.13 crore. This represent the growth of 10.54% The ebitda of Maiden Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 net profit of Maiden Forgings Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0%
The 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 yearsThe Dividend Payout of Maiden Forgings Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
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.
About Maiden Forgings Ltd
Maiden Forgings Limited was originally incorporated on February 11, 2005 as a Private Limited Company as Maiden Forgings Private Limited.
Later on, the Company's name changed to 'Maiden Forgings Limited' and upon conversion of Company into Public Limited Company, a fresh Certificate of Incorporation dated December 02, 2022 was issued by Registrar of Companies, Delhi.
Company is engaged in the business of manufacturing of wide range of Bright steel and wires.
It specializes in design and manufacture of different type of ferrous metal products including carbon steel, stainless-steel and alloy steel products.
The Company's fully integrated infrastructure consists of steel drawing machines, peeling centres finishing machines installed at its 3 manufacturing plants, all located in Ghaziabad, Uttar Pradesh, which has a combined aggregated manufacturing capacity of approx.
FAQs for the comparison of Hi-Tech Pipes Ltd and Maiden Forgings Ltd
Which company has a larger market capitalization, Hi-Tech Pipes Ltd or Maiden Forgings Ltd?
Market cap of Hi-Tech Pipes Ltd is 1,780 Cr while Market cap of Maiden Forgings Ltd is 116 Cr
What are the key factors driving the stock performance of Hi-Tech Pipes Ltd and Maiden Forgings Ltd?
The stock performance of Hi-Tech Pipes Ltd and Maiden Forgings 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 Hi-Tech Pipes Ltd and Maiden Forgings Ltd?
As of June 3, 2026, the Hi-Tech Pipes Ltd stock price is INR ₹87.67. On the other hand, Maiden Forgings Ltd stock price is INR ₹81.7.
How do dividend payouts of Hi-Tech Pipes Ltd and Maiden Forgings Ltd compare?
To compare the dividend payouts of Hi-Tech Pipes Ltd and Maiden Forgings 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.