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HITECHCORP
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This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Hitech Corporation To Close PPMF Business Unit In Gujarat
March 13 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION LTD - TO CLOSE PPMF BUSINESS UNIT IN GUJARAT
HITECH CORPORATION LTD - CLOSURE OF PPMF UNIT NOT EXPECTED TO AFFECT COMPANY OPERATIONS
Source text: ID:nBSE89k281
Further company coverage: HITE.NS
(([email protected];))
March 13 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION LTD - TO CLOSE PPMF BUSINESS UNIT IN GUJARAT
HITECH CORPORATION LTD - CLOSURE OF PPMF UNIT NOT EXPECTED TO AFFECT COMPANY OPERATIONS
Source text: ID:nBSE89k281
Further company coverage: HITE.NS
(([email protected];))
Hitech Corporation Says Remaining 4% Equity Shares Of Thriarr Polymers Acquired
March 7 (Reuters) - Hitech Corporation Ltd HITE.NS:
REMAINING 4% EQUITY SHARES OF THRIARR POLYMERS ACQUIRED
Source text: ID:nBSE1HTzMb
Further company coverage: HITE.NS
(([email protected];;))
March 7 (Reuters) - Hitech Corporation Ltd HITE.NS:
REMAINING 4% EQUITY SHARES OF THRIARR POLYMERS ACQUIRED
Source text: ID:nBSE1HTzMb
Further company coverage: HITE.NS
(([email protected];;))
Hitech Corporation Enters Agreement To Acquire 100% Stake In Thriarr Polymers
Feb 24 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION - ENTERS AGREEMENT TO ACQUIRE 100% STAKE IN THRIARR POLYMERS
HITECH CORPORATION LTD - COST OF ACQUISITION NOT EXCEEDING 300 MILLION RUPEES
Source text: ID:nBSE2gGFGz
Further company coverage: HITE.NS
(([email protected];;))
Feb 24 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION - ENTERS AGREEMENT TO ACQUIRE 100% STAKE IN THRIARR POLYMERS
HITECH CORPORATION LTD - COST OF ACQUISITION NOT EXCEEDING 300 MILLION RUPEES
Source text: ID:nBSE2gGFGz
Further company coverage: HITE.NS
(([email protected];;))
India's EPL down on Q4 profit drop
** Shares of EPL EPLI.NS down 2.3% to 184.95 rupees
** Co's Q4 profit fell 73.5% YoY
** Peer Hitech Corporation's HITE.NS Q4 profit also fell
** EPLI rated "strong buy" on avg, median PT is 248 rupees - LSEG data
** EPLI and HITE down 8.4% and 14% YTD
(Reporting by Varun Vyas in Bengaluru)
** Shares of EPL EPLI.NS down 2.3% to 184.95 rupees
** Co's Q4 profit fell 73.5% YoY
** Peer Hitech Corporation's HITE.NS Q4 profit also fell
** EPLI rated "strong buy" on avg, median PT is 248 rupees - LSEG data
** EPLI and HITE down 8.4% and 14% YTD
(Reporting by Varun Vyas in Bengaluru)
Hitech Corporation March-Qtr Profit Falls
May 16 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION MARCH-QUARTER PROFIT 66.4 MILLION RUPEES VERSUS PROFIT 88.2 MILLION RUPEES
HITECH CORPORATION LTD MARCH-QUARTER REVENUE FROM OPERATIONS 1.39 BILLION RUPEES VERSUS 1.28 BILLION RUPEES
DIVIDEND OF 1 RUPEE PER SHR
Source text for Eikon: ID:nNSE9dcVFq
Further company coverage: HITE.NS
(([email protected];;))
May 16 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION MARCH-QUARTER PROFIT 66.4 MILLION RUPEES VERSUS PROFIT 88.2 MILLION RUPEES
HITECH CORPORATION LTD MARCH-QUARTER REVENUE FROM OPERATIONS 1.39 BILLION RUPEES VERSUS 1.28 BILLION RUPEES
DIVIDEND OF 1 RUPEE PER SHR
Source text for Eikon: ID:nNSE9dcVFq
Further company coverage: HITE.NS
(([email protected];;))
Hitech Corporation Approves Incorporating Unit In U.S.
April 15 (Reuters) - Hitech Corporation Ltd HITE.NS:
APPROVED INCORPORATING UNIT IN UNITED STATES OF AMERICA
Source text for Eikon: ID:nBSE2y4lD9
Further company coverage: HITE.NS
(([email protected];))
April 15 (Reuters) - Hitech Corporation Ltd HITE.NS:
APPROVED INCORPORATING UNIT IN UNITED STATES OF AMERICA
Source text for Eikon: ID:nBSE2y4lD9
Further company coverage: HITE.NS
(([email protected];))
India's Hitech Corporation rises as Gujarat factory starts production
** Shares of Hitech Corporation HITE.NS up 3.7% at 211.95 rupees
** Co says commercial production at manufacturing facility in Gujarat for production of barrels and drums for bulk packaging began
** Stock on track to rise for a third straight session, if trend holds
** Stock down 19.5% so far this year, after rising 14% in 2023
(Reporting by Varun Vyas in Bengaluru)
** Shares of Hitech Corporation HITE.NS up 3.7% at 211.95 rupees
** Co says commercial production at manufacturing facility in Gujarat for production of barrels and drums for bulk packaging began
** Stock on track to rise for a third straight session, if trend holds
** Stock down 19.5% so far this year, after rising 14% in 2023
(Reporting by Varun Vyas in Bengaluru)
Hitech Corporation Commercial Production At Dahej Facility Has Commenced
March 22 (Reuters) - Hitech Corporation Ltd HITE.NS:
COMMERCIAL PRODUCTION AT DAHEJ FACILITY HAS COMMENCED
Source text for Eikon: ID:nBSEYKJSn
Further company coverage: HITE.NS
(([email protected];))
March 22 (Reuters) - Hitech Corporation Ltd HITE.NS:
COMMERCIAL PRODUCTION AT DAHEJ FACILITY HAS COMMENCED
Source text for Eikon: ID:nBSEYKJSn
Further company coverage: HITE.NS
(([email protected];))
India's Hitech Corporation Sept-Qtr Profit Falls
Nov 7 (Reuters) - Hitech Corporation Ltd HITE.NS:
INDIA'S HITECH CORPORATION SEPT-QUARTER PROFIT 51.5 MILLION RUPEES VERSUS PROFIT 104.9 MILLION RUPEES
HITECH CORPORATION SEPT-QUARTER REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 1.61 BILLION RUPEES
Source text for Eikon: ID:nNSE9gHhNM
Further company coverage: HITE.NS
(([email protected];;))
Nov 7 (Reuters) - Hitech Corporation Ltd HITE.NS:
INDIA'S HITECH CORPORATION SEPT-QUARTER PROFIT 51.5 MILLION RUPEES VERSUS PROFIT 104.9 MILLION RUPEES
HITECH CORPORATION SEPT-QUARTER REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 1.61 BILLION RUPEES
Source text for Eikon: ID:nNSE9gHhNM
Further company coverage: HITE.NS
(([email protected];;))
India's Hitech Corporation June-Quarter Profit Rises
Aug 9 (Reuters) - Hitech Corporation Ltd HITE.NS:
JUNE-QUARTER PROFIT 76.8 MILLION RUPEES VERSUS 63.4 MILLION RUPEES YEAR AGO
JUNE-QUARTER REVENUE FROM OPERATIONS 1.5 BILLION RUPEES VERSUS 1.48 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSEjxfV8
Further company coverage: HITE.NS
(([email protected];))
Aug 9 (Reuters) - Hitech Corporation Ltd HITE.NS:
JUNE-QUARTER PROFIT 76.8 MILLION RUPEES VERSUS 63.4 MILLION RUPEES YEAR AGO
JUNE-QUARTER REVENUE FROM OPERATIONS 1.5 BILLION RUPEES VERSUS 1.48 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSEjxfV8
Further company coverage: HITE.NS
(([email protected];))
Hitech Corporation March-Quarter Profit Rises
May 17 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION LTD - DIVIDEND 1 RUPEE PER SHARE
INDIA'S HITECH CORPORATION MARCH-QUARTER PROFIT 88.2 MILLION RUPEES VERSUS 83.4 MILLION RUPEES
HITECH CORPORATION MARCH-QUARTER REVENUE FROM OPERATIONS 1.28 BILLION RUPEES VERSUS 1.50 BILLION RUPEES
Source text for Eikon: ID:nBSE3jbWG3
Further company coverage: HITE.NS
(([email protected];))
May 17 (Reuters) - Hitech Corporation Ltd HITE.NS:
HITECH CORPORATION LTD - DIVIDEND 1 RUPEE PER SHARE
INDIA'S HITECH CORPORATION MARCH-QUARTER PROFIT 88.2 MILLION RUPEES VERSUS 83.4 MILLION RUPEES
HITECH CORPORATION MARCH-QUARTER REVENUE FROM OPERATIONS 1.28 BILLION RUPEES VERSUS 1.50 BILLION RUPEES
Source text for Eikon: ID:nBSE3jbWG3
Further company coverage: HITE.NS
(([email protected];))
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Popular questions
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What does Hitech Corporation do?
Hitech Corporation Limited, an Indian public limited company, specializes in manufacturing rigid plastic containers for Paints, Lube, Pharmacy products, and export market.
Who are the competitors of Hitech Corporation?
Hitech Corporation major competitors are Commercial Synbags, Kanpur Plastipack, Worth Peripherals, Sah Polymers, RDB Rasayans, Mold-Tek Tech, Emmbi Industries. Market Cap of Hitech Corporation is ₹341 Crs. While the median market cap of its peers are ₹247 Crs.
Is Hitech Corporation financially stable compared to its competitors?
Hitech Corporation seems to be less financially stable compared to its competitors. Altman Z score of Hitech Corporation is 3.11 and is ranked 6 out of its 8 competitors.
Does Hitech Corporation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Hitech Corporation latest dividend payout ratio is 7.81% and 3yr average dividend payout ratio is 6.15%
How has Hitech Corporation allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Hitech Corporation balance sheet?
Balance sheet of Hitech Corporation is strong. But short term working capital might become an issue for this company.
Is the profitablity of Hitech Corporation improving?
No, profit is decreasing. The profit of Hitech Corporation is ₹13.16 Crs for TTM, ₹22 Crs for Mar 2024 and ₹28.33 Crs for Mar 2023.
Is the debt of Hitech Corporation increasing or decreasing?
Yes, The debt of Hitech Corporation is increasing. Latest debt of Hitech Corporation is ₹78.89 Crs as of Sep-24. This is greater than Mar-24 when it was ₹69.38 Crs.
Is Hitech Corporation stock expensive?
Yes, Hitech Corporation is expensive. Latest PE of Hitech Corporation is 22.7, while 3 year average PE is 16.6. Also latest EV/EBITDA of Hitech Corporation is 6.33 while 3yr average is 6.27.
Has the share price of Hitech Corporation grown faster than its competition?
Hitech Corporation has given lower returns compared to its competitors. Hitech Corporation has grown at ~4.98% over the last 2yrs while peers have grown at a median rate of 13.97%
Is the promoter bullish about Hitech Corporation?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Hitech Corporation is 74.43% and last quarter promoter holding is 74.43%.
Are mutual funds buying/selling Hitech Corporation?
There is Insufficient data to gauge this.