Hi-Tech Pipes Ltd
HITC.IN
$1.54
Closing
▼-0.39%
1D
▲11.57%
YTD
Market cap
$230.94M
52 week high
$2.04
52 week low
$0.85
Volume
549,026
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Market cap
$230.94M
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
45.05
Operating Margin
3.18%
Beta
1.56
Revenue Growth (Annual)
17.85%
52 week high
$2.04
52 week low
$0.85
Div. Yield
0.02%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Hi-Tech Pipes Limited is an India-based company that is engaged in manufacturing and supplying 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. It operates under the manufacturing of Steel Tubes & Pipes. 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. It has an installed capacity of approximately one million metric tons (MT) per annum.
