Hi-Tech Gears (India) Today

HITECHGEAR   565.80  10.75  1.94%   

Performance

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Odds Of Distress

Very Small

 
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Hi-Tech Gears is trading at 565.80 as of the 24th of March 2025. This is a 1.94 percent increase since the beginning of the trading day. The stock's lowest day price was 549.95. Hi-Tech Gears 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
Automobiles & Components
Category
Consumer Cyclical
Classification
Consumer Discretionary
Hi-Tech Gears is entity of India. It is traded as Stock on NSE exchange. The company has 18.79 M outstanding shares. More on The Hi Tech Gears

Moving together with Hi-Tech Stock

  0.76SBIN State BankPairCorr
  0.86TCS Tata Consultancy ServicesPairCorr

Moving against Hi-Tech Stock

  0.61ITDCEM ITD Cementation IndiaPairCorr

Hi-Tech 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 Gears' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hi-Tech Gears or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive ChairmanBE BE
Thematic IdeaISP (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, ISP, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Hi-Tech Gears' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hi-Tech Gears' 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 Gears 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 Gears' financial leverage. It provides some insight into what part of Hi-Tech Gears' total assets is financed by creditors.
Liquidity
Hi-Tech Gears 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. The Hi Tech Gears has accumulated 2.98 B in total debt. Debt can assist Hi-Tech Gears until it has trouble settling it off, either with new capital or with free cash flow. So, Hi-Tech Gears' 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 Gears sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hi-Tech to invest in growth at high rates of return. When we think about Hi-Tech Gears' use of debt, we should always consider it together with cash and equity.

Free Cash Flow

1.01 Billion
The Hi Tech Gears (HITECHGEAR) is traded on National Stock Exchange of India in India and employs 552 people. Hi-Tech Gears is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hi-Tech Gears's market, we take the total number of its shares issued and multiply it by Hi-Tech Gears'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 Gears operates under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 18.79 M outstanding shares. The Hi Tech Gears has accumulated about 96.59 M in cash with 1.17 B of positive cash flow from operations.
Check Hi-Tech Gears Probability Of Bankruptcy
Ownership Allocation
The Hi Tech Gears has a total of 18.79 Million outstanding shares. Hi-Tech Gears retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.57 (percent) of Hi-Tech Gears outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, 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 Hi-Tech Ownership Details

Hi-Tech Gears Risk Profiles

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

Hi-Tech Stock Against Markets

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Other Information on Investing in Hi-Tech Stock

Hi-Tech Gears financial ratios help investors to determine whether Hi-Tech 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 Hi-Tech with respect to the benefits of owning Hi-Tech Gears security.