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HITECHHi-Tech Pipes Limited

Metals · Steel · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

87.28
1.45%
35Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,769.30
P/E23.15
P/B1.29
PEG
ROE %5.88
ROCE %9.10
Debt / Equity0.20
EPS3.77
Revenue Growth %101.70
Profit Growth %-6.10
Dividend Yield %0.03
Promoter Holding %46.80
FII Holding %13.67
DII Holding %
Beta0.43

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on HITECH — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 70%

Why avoid

  • Overall evidence is weak (AlgoScore 35/100)
  • Profit growth: -6.1% YoY
  • ROE: 5.9%
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Revenue growth: 101.7% YoY
  • Debt/Equity: 0.20
  • Valuation vs sector: P/E 23.2 vs sector 22.8
  • 6-month vs NIFTY: +8.0% relative

Bear case

  • Profit growth: -6.1% YoY
  • ROE: 5.9%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Momentum is fading versus the broader market
  • Profit growth: -6.1% YoY
  • ROE: 5.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹87.28
Stop Loss
₹82.71
risk 5.2%
Target 1 (1.5R)
₹94.13
+7.8%
Target 2 (3R)
₹100.98
+15.7%
Support (20d)
₹83.55
Resistance (52w)
₹127.50
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹4.57/share
ATR (volatility)
₹3.08
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹3.08). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
48
Technical
22
Momentum
28
Risk (safety)
51

Peers — Metals

SHYAMMETL 3.18%
80
JGCHEM 9.82%
77
MBAPL 6.86%
77
LLOYDSME 2.28%
76
GSPCROP 0.47%
74
WELCORP 2.17%
73

About

Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes, mild steel round pipes, GI pipes, pre-galvanized steel pipes, crash barriers, cold rolled coils and strips, and coated coils and roofing sheets. It also offers hot rolled, pickled and oiled, cold rolled close annealed, cold rolled full hard, and BP sheets coil and strip products, as well as casing pipes for borewells. In addition, the company provides HR coil pipes, metal beam crash barriers, color-coated roofing sheets, and GC roofing sheets. It also exports its products. The company was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.