Hitech Corp.

Market Cap: Micro Cap
Industry: Packaging
ISIN: INE120D01012
NSEID: HITECHCORP
BSEID: 526217

INR

179.00

-1.55 (-0.86%)

BSENSE

Dec 05

BSE+NSE Vol: 5.24 k

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    "name": "Hitech Corp.",
    "stock_name": "Hitech Corp.",
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    "mcapval": "317.00 Cr",
    "mcap": "Micro Cap",
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    "ind_name": "Packaging",
    "ind_code": 43,
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    "curr_date": "Dec 05",
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    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
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  "news": {
    "results": [
      {
        "title": "Why is Hitech Corp. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-hitech-corp-fallingrising-3736192",
        "imagepath": "",
        "date": "2025-11-29 00:54:52",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Price Movement and Market Context</strong></p>\n<p>Hitech Corporation’s stock price rose by ₹11.95, or 6.91%, as of 8:50 PM on 28 November, reaching an intraday high of ₹187.90, which represents an 8.61% gain from the previous close. The stock opened with a gap up of 2.83%, signalling strong buying interest at the start of the trading session. This price action is particularly noteworthy given the stock’s recent performance, which had seen five consecutive days of decline prior to this rebound.</p>\n<p>Despite this positive daily performance, the stock’s longer-term returns remain subdued. Year-to-date, Hitech Corporation has declined by 22.62%, significantly underperforming the Sensex benchmark, which has gained 9.68% over the same period. Similarly, over one year and three years, the stock h..."
      },
      {
        "title": "Hitech Corporation Forms Death Cross Signalling Potential Bearish Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hitech-corporation-forms-death-cross-signalling-potential-bearish-trend-3729492",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HitechCorporati_dealthcross_3729492.png",
        "date": "2025-11-25 18:00:58",
        "description": "Hitech Corporation, a player in the packaging sector, has recently formed a Death Cross, a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development often signals a shift towards a bearish trend and suggests potential long-term weakness in the stock’s price trajectory."
      },
      {
        "title": "Hitech Corporation's Market Assessment Reflects Mixed Signals Amid Valuation Appeal and Technical Caution",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/hitech-corporation-downgraded-to-sell-amid-technical-weakness-and-flat-financials-3727838",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HitechCorporati_mojoScore_3727838.png",
        "date": "2025-11-25 08:41:14",
        "description": "Hitech Corporation, a key player in the packaging sector, has experienced a notable shift in market evaluation metrics, reflecting a complex interplay of valuation attractiveness, technical indicators, financial trends, and quality considerations. This nuanced reassessment highlights both the challenges and opportunities facing the company amid a fluctuating market environment."
      },
      {
        "title": "How has been the historical performance of Hitech Corp.?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-hitech-corp-3726351",
        "imagepath": "",
        "date": "2025-11-24 23:13:39",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Operating Income Growth</strong></p>\n<p>Over the last ten years, Hitech Corp.'s net sales have shown a robust upward trend, rising from ₹261.92 crores in March 2010 to ₹561.43 crores by March 2025. This represents a compound growth that underscores the company's expanding market presence and product demand. Total operating income, which includes other operating income, has similarly increased from ₹263.58 crores in 2010 to ₹561.43 crores in 2025, reflecting the company’s ability to scale its core business activities effectively.</p>\n<p>Raw material costs have naturally increased in line with sales, moving from ₹159.58 crores in 2010 to ₹343.87 crores in 2025, indicating higher production volumes. Employee costs have also risen steadily, reaching ₹44.08 crores in the latest fiscal..."
      },
      {
        "title": "Is Hitech Corp. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-hitech-corp-overvalued-or-undervalued-3716707",
        "imagepath": "",
        "date": "2025-11-20 08:05:18",
        "description": "As of 19 November 2025, Hitech Corp. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, particularly when compared to its peers. Key ratios include a PE Ratio of 42.08, an EV to EBITDA of 7.06, and a Price to Book Value of 1.17, which highlight its potential for growth despite the high PE ratio.\n\nIn comparison to its peers, Hitech Corp. stands out with a significantly lower EV to EBITDA ratio than Garware Hi Tech, which is at 21.41, and AGI Greenpac at 8.77. The PEG Ratio of 0.00 further emphasizes its undervaluation relative to growth expectations, especially when considering that other peers like Uflex have a PEG of 0.74. While the stock has underperformed against the Sensex over various time frames, its current valuation suggests a strong upside potential if market conditions improve...."
      },
      {
        "title": "Hitech Corporation Valuation Shift Highlights Price Attractiveness Amid Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hitech-corporation-valuation-shifts-to-very-attractive-amid-market-challenges-3717073",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HitechCorporati_valuationdot_3717073.png",
        "date": "2025-11-20 08:00:22",
        "description": "Hitech Corporation, a key player in the packaging sector, has experienced a notable shift in its valuation parameters, reflecting a change in price attractiveness despite recent market headwinds. This article analyses the company’s current price-to-earnings (P/E) and price-to-book value (P/BV) ratios in comparison to its historical averages and peer group, providing investors with a comprehensive view of its market standing."
      },
      {
        "title": "Is Hitech Corp. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-hitech-corp-overvalued-or-undervalued-3709751",
        "imagepath": "",
        "date": "2025-11-18 08:20:35",
        "description": "As of 17 November 2025, Hitech Corp. has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued based on its current metrics. The PE ratio stands at 43.16, significantly higher than peers such as AGI Greenpac with a PE of 14.48 and Uflex at 12.28, indicating a premium valuation that may not be justified by growth prospects. Additionally, the EV to EBITDA ratio of 7.20 is also elevated compared to the industry average, suggesting that investors are paying a high price for earnings relative to its peers.\n\nIn terms of financial performance, Hitech Corp. shows a ROCE of 6.16% and a ROE of 2.77%, which are relatively low and may not support the high valuation. The PEG ratio is notably at 0.00, indicating that there may be little to no expected growth factored into the current price. Furthermore, the company's stock has underperformed the Sensex significantly over vari..."
      },
      {
        "title": "How has been the historical performance of Hitech Corp.?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-hitech-corp-3708925",
        "imagepath": "",
        "date": "2025-11-17 23:11:38",
        "description": "Answer:\nThe historical performance of Hitech Corp. shows a gradual increase in net sales, reaching 561.43 Cr in March 2025, up from 462.27 Cr in March 2015. Total operating income also rose to 561.43 Cr in March 2025 from 464.84 Cr in March 2015. The company experienced an increase in raw material costs, which reached 343.87 Cr in March 2025, compared to 310.41 Cr in March 2015. Operating profit, excluding other income, improved to 61.73 Cr in March 2025 from 40.27 Cr in March 2015, while the overall operating profit increased to 65.23 Cr from 41.13 Cr in the same period. Profit before tax showed a slight increase to 11.83 Cr in March 2025 from 9.10 Cr in March 2015, and profit after tax rose to 8.94 Cr from 6.91 Cr. The earnings per share (EPS) increased to 5.2 in March 2025 from 4.62 in March 2015. The operating profit margin improved to 11.0% in March 2025 compared to 8.66% in March 2015, while the profi..."
      },
      {
        "title": "Is Hitech Corp. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-hitech-corp-overvalued-or-undervalued-3696047",
        "imagepath": "",
        "date": "2025-11-13 08:09:01",
        "description": "As of 12 November 2025, Hitech Corp. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 42.88, an EV to EBITDA of 7.16, and a Price to Book Value of 1.19. \n\nIn comparison to its peers, Garware Hi Tech is deemed expensive with a PE of 25.06, while AGI Greenpac is attractive with a PE of 14.57. Hitech Corp.'s PEG ratio stands at 0.00, indicating significant growth potential relative to its price. Despite recent underperformance against the Sensex, with a year-to-date return of -21.97% compared to the Sensex's 8.10%, the company's valuation metrics suggest it is positioned for a recovery, reinforcing its undervalued status...."
      }
    ],
    "total": 165,
    "sid": "513047",
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  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "12-Nov-2025",
      "details": "Newspaper Publication",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Management",
      "datetime": "10-Nov-2025",
      "details": "Change in Management",
      "source": "BSE"
    },
    {
      "caption": "Quarterly And Half Yearly Results For September 2025",
      "datetime": "10-Nov-2025",
      "details": "Audited Standalone and Consolidated financial results for quarter and half year ended 30th September 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
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      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Hitech Corporation Ltd has declared <strong>10%</strong> dividend, ex-date: 18 Jul 25",
          "dt": "2025-07-18",
          "middle_text": "Dividend Alert"
        }
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    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
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    {
      "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": []
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}

News and Views

Why is Hitech Corp. falling/rising?

2025-11-29 00:54:52

Price Movement and Market Context

Hitech Corporation’s stock price rose by ₹11.95, or 6.91%, as of 8:50 PM on 28 November, reaching an intraday high of ₹187.90, which represents an 8.61% gain from the previous close. The stock opened with a gap up of 2.83%, signalling strong buying interest at the start of the trading session. This price action is particularly noteworthy given the stock’s recent performance, which had seen five consecutive days of decline prior to this rebound.

Despite this positive daily performance, the stock’s longer-term returns remain subdued. Year-to-date, Hitech Corporation has declined by 22.62%, significantly underperforming the Sensex benchmark, which has gained 9.68% over the same period. Similarly, over one year and three years, the stock h...

Hitech Corporation Forms Death Cross Signalling Potential Bearish Trend

2025-11-25 18:00:58

Hitech Corporation, a player in the packaging sector, has recently formed a Death Cross, a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development often signals a shift towards a bearish trend and suggests potential long-term weakness in the stock’s price trajectory.

Hitech Corporation's Market Assessment Reflects Mixed Signals Amid Valuation Appeal and Technical Caution

2025-11-25 08:41:14

Hitech Corporation, a key player in the packaging sector, has experienced a notable shift in market evaluation metrics, reflecting a complex interplay of valuation attractiveness, technical indicators, financial trends, and quality considerations. This nuanced reassessment highlights both the challenges and opportunities facing the company amid a fluctuating market environment.

How has been the historical performance of Hitech Corp.?

2025-11-24 23:13:39

Revenue and Operating Income Growth

Over the last ten years, Hitech Corp.'s net sales have shown a robust upward trend, rising from ₹261.92 crores in March 2010 to ₹561.43 crores by March 2025. This represents a compound growth that underscores the company's expanding market presence and product demand. Total operating income, which includes other operating income, has similarly increased from ₹263.58 crores in 2010 to ₹561.43 crores in 2025, reflecting the company’s ability to scale its core business activities effectively.

Raw material costs have naturally increased in line with sales, moving from ₹159.58 crores in 2010 to ₹343.87 crores in 2025, indicating higher production volumes. Employee costs have also risen steadily, reaching ₹44.08 crores in the latest fiscal...

Is Hitech Corp. overvalued or undervalued?

2025-11-20 08:05:18

As of 19 November 2025, Hitech Corp. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, particularly when compared to its peers. Key ratios include a PE Ratio of 42.08, an EV to EBITDA of 7.06, and a Price to Book Value of 1.17, which highlight its potential for growth despite the high PE ratio. In comparison to its peers, Hitech Corp. stands out with a significantly lower EV to EBITDA ratio than Garware Hi Tech, which is at 21.41, and AGI Greenpac at 8.77. The PEG Ratio of 0.00 further emphasizes its undervaluation relative to growth expectations, especially when considering that other peers like Uflex have a PEG of 0.74. While the stock has underperformed against the Sensex over various time frames, its current valuation suggests a strong upside potential if market conditions improve....

Hitech Corporation Valuation Shift Highlights Price Attractiveness Amid Market Challenges

2025-11-20 08:00:22

Hitech Corporation, a key player in the packaging sector, has experienced a notable shift in its valuation parameters, reflecting a change in price attractiveness despite recent market headwinds. This article analyses the company’s current price-to-earnings (P/E) and price-to-book value (P/BV) ratios in comparison to its historical averages and peer group, providing investors with a comprehensive view of its market standing.

Is Hitech Corp. overvalued or undervalued?

2025-11-18 08:20:35

As of 17 November 2025, Hitech Corp. has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued based on its current metrics. The PE ratio stands at 43.16, significantly higher than peers such as AGI Greenpac with a PE of 14.48 and Uflex at 12.28, indicating a premium valuation that may not be justified by growth prospects. Additionally, the EV to EBITDA ratio of 7.20 is also elevated compared to the industry average, suggesting that investors are paying a high price for earnings relative to its peers. In terms of financial performance, Hitech Corp. shows a ROCE of 6.16% and a ROE of 2.77%, which are relatively low and may not support the high valuation. The PEG ratio is notably at 0.00, indicating that there may be little to no expected growth factored into the current price. Furthermore, the company's stock has underperformed the Sensex significantly over vari...

How has been the historical performance of Hitech Corp.?

2025-11-17 23:11:38

Answer: The historical performance of Hitech Corp. shows a gradual increase in net sales, reaching 561.43 Cr in March 2025, up from 462.27 Cr in March 2015. Total operating income also rose to 561.43 Cr in March 2025 from 464.84 Cr in March 2015. The company experienced an increase in raw material costs, which reached 343.87 Cr in March 2025, compared to 310.41 Cr in March 2015. Operating profit, excluding other income, improved to 61.73 Cr in March 2025 from 40.27 Cr in March 2015, while the overall operating profit increased to 65.23 Cr from 41.13 Cr in the same period. Profit before tax showed a slight increase to 11.83 Cr in March 2025 from 9.10 Cr in March 2015, and profit after tax rose to 8.94 Cr from 6.91 Cr. The earnings per share (EPS) increased to 5.2 in March 2025 from 4.62 in March 2015. The operating profit margin improved to 11.0% in March 2025 compared to 8.66% in March 2015, while the profi...

Is Hitech Corp. overvalued or undervalued?

2025-11-13 08:09:01

As of 12 November 2025, Hitech Corp. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 42.88, an EV to EBITDA of 7.16, and a Price to Book Value of 1.19. In comparison to its peers, Garware Hi Tech is deemed expensive with a PE of 25.06, while AGI Greenpac is attractive with a PE of 14.57. Hitech Corp.'s PEG ratio stands at 0.00, indicating significant growth potential relative to its price. Despite recent underperformance against the Sensex, with a year-to-date return of -21.97% compared to the Sensex's 8.10%, the company's valuation metrics suggest it is positioned for a recovery, reinforcing its undervalued status....

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