Hi Tech (India) Today

HITECH Stock   111.33  0.43  0.39%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Hi Tech is trading at 111.33 as of the 24th of March 2025, a 0.39 percent increase since the beginning of the trading day. The stock's open price was 110.9. Hi Tech has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Hi Tech is entity of India. It is traded as Stock on NSE exchange. The company has 202.96 M outstanding shares. More on Hi Tech Pipes Limited

Moving together with HITECH Stock

  0.7EMBASSY-RR Embassy Office ParksPairCorr
  0.92JAIBALAJI Jai Balaji Industries SplitPairCorr
  0.73GNFC Gujarat Narmada ValleyPairCorr
  0.93GUJALKALI Gujarat AlkaliesPairCorr

Moving against HITECH Stock

  0.39ITDCEM ITD Cementation IndiaPairCorr

HITECH Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hi Tech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hi Tech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman MDAjay Bansal
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, IT, ISP, Materials, Metals & Mining, Steel, Basic Materials, Computing (View all Sectors)
Hi Tech's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hi Tech's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Hi Tech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hi Tech's financial leverage. It provides some insight into what part of Hi Tech's total assets is financed by creditors.
Liquidity
Hi Tech cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Hi Tech Pipes Limited has accumulated 4.02 B in total debt. Debt can assist Hi Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Hi Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hi Tech Pipes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HITECH to invest in growth at high rates of return. When we think about Hi Tech's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(377.02 Million)
Hi Tech Pipes Limited (HITECH) is traded on National Stock Exchange of India in India and employs 525 people. Hi Tech is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 22.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hi Tech's market, we take the total number of its shares issued and multiply it by Hi Tech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hi Tech Pipes operates under Metals & Mining sector and is part of Materials industry. The entity has 202.96 M outstanding shares. Hi Tech generates negative cash flow from operations
Check Hi Tech Probability Of Bankruptcy
Ownership Allocation
Hi Tech Pipes secures a total of 202.96 Million outstanding shares. Hi Tech shows considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HITECH Ownership Details

Hi Tech Pipes Risk Profiles

Although Hi Tech's alpha and beta are two of the key measurements used to evaluate Hi Tech's performance over the market, the standard measures of volatility play an important role as well.

HITECH Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hi Tech without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze the depth of different equity instruments across global markets
All  Next Launch Module

Other Information on Investing in HITECH Stock

Hi Tech financial ratios help investors to determine whether HITECH Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HITECH with respect to the benefits of owning Hi Tech security.