Hi-Tech Pipes

Market Cap: Small Cap
Industry: Iron & Steel Products
ISIN: INE106T01025
NSEID: HITECH
BSEID: 543411

INR

97.80

-0.25 (-0.25%)

BSENSE

Dec 05

BSE+NSE Vol: 12.03 lacs

{
  "main_header": {
    "sid": 1000265,
    "name": "Hi-Tech Pipes",
    "stock_name": "Hi-Tech Pipes",
    "full_name": "Hi-Tech Pipes Ltd",
    "name_url": "stocks-analysis/hi-tech-pipes",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "97.80",
    "chg": -0.25,
    "chgp": "-0.25%",
    "dir": -1,
    "prev_price": "98.05",
    "mcapval": "1,958.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 543411,
    "symbol": "HITECH",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE106T01025",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "12.03 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/hi-tech-pipes-1000265-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hi-tech-pipes-faces-technical-setback-amid-bearish-momentum-shift-3747776",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HiTechPipes_technicaldot_3747776.png",
        "date": "2025-12-05 08:09:25",
        "description": "Hi-Tech Pipes, a key player in the Iron & Steel Products sector, is exhibiting a notable shift in its technical momentum as recent market data reveals a transition from a sideways trend to a mildly bearish stance. This development is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and volume-based metrics, which collectively paint a nuanced picture of the stock’s near-term trajectory."
      },
      {
        "title": "Hi-Tech Pipes Sees Revision in Market Evaluation Amidst Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/hi-tech-pipes-downgraded-to-sell-by-marketsmojo-amid-weak-financial-and-technical-trends-3736876",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HiTechPipes_mojoScore_3736876.png",
        "date": "2025-11-29 17:52:21",
        "description": "Hi-Tech Pipes, a small-cap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting recent developments in its financial and technical outlook. This shift comes amid a backdrop of subdued returns and evolving investor sentiment, highlighting the challenges faced by the company in the current market environment."
      },
      {
        "title": "Hi-Tech Pipes Technical Momentum Shifts Amid Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hi-tech-pipes-faces-technical-momentum-shift-amid-weak-price-performance-3734721",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HiTechPipes_technicaldot_3734721.png",
        "date": "2025-11-28 08:07:19",
        "description": "Hi-Tech Pipes, a key player in the Iron & Steel Products sector, is exhibiting a notable shift in technical momentum as recent market data reveals a transition from a mildly bullish trend to a sideways movement. This change is underscored by mixed signals from key technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a complex market environment for the stock."
      },
      {
        "title": "Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hi-tech-pipes-technical-momentum-shifts-amid-mixed-indicator-signals-3732562",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HiTechPipes_technicaldot_3732562.png",
        "date": "2025-11-27 08:07:28",
        "description": "Hi-Tech Pipes, a player in the Iron & Steel Products sector, has exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. This change comes amid a complex backdrop of mixed signals from key technical indicators such as MACD, RSI, moving averages, and volume-based metrics, reflecting a nuanced market assessment for the stock."
      },
      {
        "title": "Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hi-tech-pipes-technical-momentum-shifts-amidst-market-challenges-3730326",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HiTechPipes_technicaldot_3730326.png",
        "date": "2025-11-26 08:08:36",
        "description": "Hi-Tech Pipes, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum as recent market data reveals a transition from a mildly bullish trend to a sideways movement. This change is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and volume-based metrics, which collectively paint a nuanced picture of the stock’s near-term outlook."
      },
      {
        "title": "How has been the historical performance of Hi-Tech Pipes?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-hi-tech-pipes-3729618",
        "imagepath": "",
        "date": "2025-11-25 22:57:28",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profit Growth Trends</strong></p>\n<p>Over the past seven years, Hi-Tech Pipes has seen its net sales rise significantly, from a base of approximately ₹1,360 crores in the fiscal year ending March 2019 to over ₹3,000 crores by March 2025. This represents a robust compound growth, reflecting the company's expanding market presence and operational scale. The total operating income mirrors this trend, with no other operating income reported, indicating that core business activities drive revenue.</p>\n<p>Operating profit before depreciation and interest (PBDIT) has also shown a positive trend, increasing from around ₹75 crores in 2019 to over ₹160 crores in 2025. This improvement in operating profitability is accompanied by a rise in operating profit margins, which have hovered around..."
      },
      {
        "title": "Why is Hi-Tech Pipes falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-hi-tech-pipes-fallingrising-3722197",
        "imagepath": "",
        "date": "2025-11-22 01:16:09",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Sector Influence</strong></p>\n<p>Hi-Tech Pipes has been on a downward trajectory for the past four consecutive trading sessions, cumulatively losing 7.31% in value. The stock’s intraday low reached ₹101.05, marking a 4.17% decline from previous levels. This performance aligns closely with the broader Steel, Sponge Iron, and Pig Iron sector, which itself declined by 2.39% on the same day. The sectoral weakness has evidently exerted pressure on Hi-Tech Pipes, reflecting the challenges faced by companies operating within this industrial segment.</p>\n<p>The weighted average price for the day indicates that a larger volume of shares traded near the lower end of the price range, suggesting selling pressure dominated trading activity. This pattern often signals cautious se..."
      },
      {
        "title": "Why is Hi-Tech Pipes falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-hi-tech-pipes-fallingrising-3709060",
        "imagepath": "",
        "date": "2025-11-17 23:17:34",
        "description": "As of 17-Nov, Hi-Tech Pipes Ltd is experiencing a price increase, currently at Rs 110.35, which reflects a rise of Rs 3.85 or 3.62%. The stock has been gaining for the last three days, with a total return of 4.4% during this period. It outperformed its sector by 3.59% today and reached an intraday high of Rs 111.3. However, despite this recent uptick, the stock has shown a decline of 3.88% over the past month and a significant drop of 34.51% over the past year. The company has a return on equity (ROE) of 6 and is trading at a discount compared to its peers, which may contribute to its current valuation being perceived as fair.\n\nIn the broader market context, Hi-Tech Pipes' short-term performance over the past week shows a return of 4.60%, significantly outperforming the Sensex, which only increased by 1.69% during the same period. Despite the recent gains, the stock's year-to-date performance remains poor a..."
      },
      {
        "title": "Is Hi-Tech Pipes overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-hi-tech-pipes-overvalued-or-undervalued-3700179",
        "imagepath": "",
        "date": "2025-11-14 08:11:05",
        "description": "As of 13 November 2025, Hi-Tech Pipes has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 27.67, an EV to EBITDA of 14.16, and a ROE of 6.00%. \n\nIn comparison to peers, Hi-Tech Pipes' PE ratio is lower than that of JSW Steel at 47.21 and slightly higher than Tata Steel at 29.61. The EV to EBITDA ratio is competitive against Jindal Steel, which stands at 13.11. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -33.46% compared to the Sensex's 8.11%, the valuation metrics suggest that Hi-Tech Pipes is appropriately priced within its industry context...."
      }
    ],
    "total": 5263,
    "sid": "1000265",
    "stock_news_url": "https://www.marketsmojo.com/news/hi-tech-pipes-1000265"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "26-Nov-2025",
      "details": "Commencement of Commercial Production at Sanand Gujarat Unit-2 Phase II",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "20-Nov-2025",
      "details": "Transcript of the Investors Call held on November 13 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Monitoring Agency Report",
      "datetime": "14-Nov-2025",
      "details": "MONITORING AGENCY REPORT FOR THE QUARTER ENDED SEPTEMBER 30 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Hi-Tech Pipes Ltd has declared <strong>2%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Hi-Tech Pipes Ltd has announced <strong>1:10</strong> stock split, ex-date: 17 Mar 23",
          "dt": "2023-03-17",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals

2025-12-05 08:09:25

Hi-Tech Pipes, a key player in the Iron & Steel Products sector, is exhibiting a notable shift in its technical momentum as recent market data reveals a transition from a sideways trend to a mildly bearish stance. This development is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and volume-based metrics, which collectively paint a nuanced picture of the stock’s near-term trajectory.

Hi-Tech Pipes Sees Revision in Market Evaluation Amidst Mixed Financial Signals

2025-11-29 17:52:21

Hi-Tech Pipes, a small-cap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting recent developments in its financial and technical outlook. This shift comes amid a backdrop of subdued returns and evolving investor sentiment, highlighting the challenges faced by the company in the current market environment.

Hi-Tech Pipes Technical Momentum Shifts Amid Market Volatility

2025-11-28 08:07:19

Hi-Tech Pipes, a key player in the Iron & Steel Products sector, is exhibiting a notable shift in technical momentum as recent market data reveals a transition from a mildly bullish trend to a sideways movement. This change is underscored by mixed signals from key technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a complex market environment for the stock.

Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals

2025-11-27 08:07:28

Hi-Tech Pipes, a player in the Iron & Steel Products sector, has exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. This change comes amid a complex backdrop of mixed signals from key technical indicators such as MACD, RSI, moving averages, and volume-based metrics, reflecting a nuanced market assessment for the stock.

Hi-Tech Pipes Technical Momentum Shifts Amid Mixed Market Signals

2025-11-26 08:08:36

Hi-Tech Pipes, a key player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum as recent market data reveals a transition from a mildly bullish trend to a sideways movement. This change is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and volume-based metrics, which collectively paint a nuanced picture of the stock’s near-term outlook.

How has been the historical performance of Hi-Tech Pipes?

2025-11-25 22:57:28

Revenue and Profit Growth Trends

Over the past seven years, Hi-Tech Pipes has seen its net sales rise significantly, from a base of approximately ₹1,360 crores in the fiscal year ending March 2019 to over ₹3,000 crores by March 2025. This represents a robust compound growth, reflecting the company's expanding market presence and operational scale. The total operating income mirrors this trend, with no other operating income reported, indicating that core business activities drive revenue.

Operating profit before depreciation and interest (PBDIT) has also shown a positive trend, increasing from around ₹75 crores in 2019 to over ₹160 crores in 2025. This improvement in operating profitability is accompanied by a rise in operating profit margins, which have hovered around...

Why is Hi-Tech Pipes falling/rising?

2025-11-22 01:16:09

Recent Price Movement and Sector Influence

Hi-Tech Pipes has been on a downward trajectory for the past four consecutive trading sessions, cumulatively losing 7.31% in value. The stock’s intraday low reached ₹101.05, marking a 4.17% decline from previous levels. This performance aligns closely with the broader Steel, Sponge Iron, and Pig Iron sector, which itself declined by 2.39% on the same day. The sectoral weakness has evidently exerted pressure on Hi-Tech Pipes, reflecting the challenges faced by companies operating within this industrial segment.

The weighted average price for the day indicates that a larger volume of shares traded near the lower end of the price range, suggesting selling pressure dominated trading activity. This pattern often signals cautious se...

Why is Hi-Tech Pipes falling/rising?

2025-11-17 23:17:34

As of 17-Nov, Hi-Tech Pipes Ltd is experiencing a price increase, currently at Rs 110.35, which reflects a rise of Rs 3.85 or 3.62%. The stock has been gaining for the last three days, with a total return of 4.4% during this period. It outperformed its sector by 3.59% today and reached an intraday high of Rs 111.3. However, despite this recent uptick, the stock has shown a decline of 3.88% over the past month and a significant drop of 34.51% over the past year. The company has a return on equity (ROE) of 6 and is trading at a discount compared to its peers, which may contribute to its current valuation being perceived as fair. In the broader market context, Hi-Tech Pipes' short-term performance over the past week shows a return of 4.60%, significantly outperforming the Sensex, which only increased by 1.69% during the same period. Despite the recent gains, the stock's year-to-date performance remains poor a...

Is Hi-Tech Pipes overvalued or undervalued?

2025-11-14 08:11:05

As of 13 November 2025, Hi-Tech Pipes has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 27.67, an EV to EBITDA of 14.16, and a ROE of 6.00%. In comparison to peers, Hi-Tech Pipes' PE ratio is lower than that of JSW Steel at 47.21 and slightly higher than Tata Steel at 29.61. The EV to EBITDA ratio is competitive against Jindal Steel, which stands at 13.11. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -33.46% compared to the Sensex's 8.11%, the valuation metrics suggest that Hi-Tech Pipes is appropriately priced within its industry context....

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