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Hi-Tech Pipes Ltd

HITC.NS

$1.65

Closing

▼-0.65%

1D

▼-10.60%

YTD

HITC

BBG002PWG740

Exchange

Sector

Market cap

$335.61M

Volume

255,466

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Market cap

$335.61M

Analysts' Rating

STRONG BUY

Price Target (Mean)

2.70

Total Analysts

2

P/E

39.10

Operating Margin

3.68%

Beta

1.52

Revenue Growth

-5.38%

52 week high

$2.44

52 week low

$1.19

Div. Yield

0.02%

EPS Growth

0.00

Company Profile

Hi-Tech Pipes Limited is an India-based company, which is engaged in the manufacture and supply of electric resistance welding (ERW) steel round and section pipes, cold rolled strips and engineering products and distribution of the same across India. Its key products include black hollow section and round pipe, galvanized and pre-galvanized pipes and cold rolled coils (CR). Its products are used in multiple sectors, including infrastructure, construction, automobiles, energy, agriculture, defense, engineering, and telecom. Its product brands include JalShakti, Organic Pipes, FireFighter, Bahubali, Pre-Gal, Casewell, Shakti, Flatmax, Crashguard, Pillar, ColorStar and Metal GC Sheet. The Company has its five manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra. Its subsidiaries include HTL Metal Pvt. Ltd., HTL Ispat Pvt Ltd., and Hitech Metalex Pvt. Ltd.