₹ 104.59
Key Takeaways
Risk factor
Meaningful price volatility
Profitability factor
Favourable analyst view
About
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers ERW black steel pipes and tubes used in fencing, line pipes, scaffolding, water and gas conveyance, oil country tubular, hand pumps, collieries, thermal powers, telecom, automobiles, and agriculture sector; rectangular and hollow...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of HITECH.NS is 146 and suggests 40% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in