Hitech Corporation Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹224
- Today's High:
- ₹231
- Open Price:
- ₹227.55
- 52W Low:
- ₹153.2087
- 52W High:
- ₹273.8537
- Prev. Close:
- ₹229.05
- Volume:
- 852
Company Statistics
- Market Cap.:
- ₹4.00 billion
- Book Value:
- 141.601
- Revenue TTM:
- ₹5.61 billion
- Operating Margin TTM:
- 8.52%
- Gross Profit TTM:
- ₹2.09 billion
- Profit Margin:
- 5.29%
- Return on Assets TTM:
- 8.26%
- Return on Equity TTM:
- 12.31%
Company Profile
Hitech Corporation Limited had its IPO on under the ticker symbol HITECHCORP.
The company operates in the Consumer Cyclical sector and Packaging & Containers industry. Hitech Corporation Limited has a staff strength of 640 employees.
Stock update
Shares of Hitech Corporation Limited opened at ₹227.55 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹224 - ₹231, and closed at ₹224.15.
This is a -2.14% slip from the previous day's closing price.
A total volume of 852 shares were traded at the close of the day’s session.
In the last one week, shares of Hitech Corporation Limited have slipped by -3.4%.
Hitech Corporation Limited's Key Ratios
Hitech Corporation Limited has a market cap of ₹4.00 billion, indicating a price to book ratio of 1.7788 and a price to sales ratio of 0.6902.
In the last 12-months Hitech Corporation Limited’s revenue was ₹5.61 billion with a gross profit of ₹2.09 billion and an EBITDA of ₹745.00 million. The EBITDA ratio measures Hitech Corporation Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Hitech Corporation Limited’s operating margin was 8.52% while its return on assets stood at 8.26% with a return of equity of 12.31%.
In Q2, Hitech Corporation Limited’s quarterly earnings growth was a positive 21.1% while revenue growth was a positive 1.3%.
Hitech Corporation Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 13.4916
- PEG
Its diluted EPS in the last 12-months stands at ₹17.27 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hitech Corporation Limited’s profitability.
Hitech Corporation Limited stock is trading at a EV to sales ratio of 0.8181 and a EV to EBITDA ratio of 5.2086. Its price to sales ratio in the trailing 12-months stood at 0.6902.
Hitech Corporation Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 5.79%.
Balance sheet and cash flow metrics
- Total Assets
- ₹3.40 billion
- Total Liabilities
- ₹734.84 million
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 5.79%
Hitech Corporation Limited ended 2024 with ₹3.40 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹3.40 billion while shareholder equity stood at ₹2.43 billion.
Hitech Corporation Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹734.84 million in other current liabilities, in common stock, ₹1.72 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹23.54 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹150.43 million.
Hitech Corporation Limited’s total current assets stands at ₹871.92 million while long-term investments were ₹0 and short-term investments were ₹69.57 million. Its net receivables were ₹365.71 million compared to accounts payable of ₹170.23 million and inventory worth ₹374.80 million.
In 2024, Hitech Corporation Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Hitech Corporation Limited paid ₹0.06 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹224.15
- 52-Week High
- ₹273.8537
- 52-Week Low
- ₹153.2087
- Analyst Target Price
- ₹
Hitech Corporation Limited stock is currently trading at ₹224.15 per share. It touched a 52-week high of ₹273.8537 and a 52-week low of ₹273.8537. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹235.3 and 200-day moving average was ₹212.23 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7667.1% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Hitech Corporation Limited
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About
Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, agrochemicals, personal care, home care, food and beverages, health care, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. The company was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.