The Hi-Tech Gears Ltd Performance
Day's Low
Day's High
₹739.9₹78552 Week's Low
52 Week's High
₹398.6₹1,280.45
| Returns % | |
| 1 Month Return | + 0.32 % |
| 3 Month Return | -23.52 % |
| 1 Year Return | + 66.64 % |
| Market Stats | |
| Previous Close | ₹754.65 |
| Open | ₹766.80 |
| Volume | 3,144.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,417.10Cr |
The Hi-Tech Gears Ltd Key Statistics
| P/E Ratio | 25.96 |
| PEG Ratio | -1.1 |
| Market Cap | ₹1,417.10 Cr |
| P/B Ratio | 3.26 |
| EPS | 60.84 |
| Dividend Yield | 0.65 |
| Sector | Auto Ancillaries |
| ROE | 11.72 |
The Hi-Tech Gears Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹1,417.10 Cr | 73.29% | 0.63 | ₹114 Cr | ₹1,106 Cr | |
| NA | ₹1,289.43 Cr | 43.99% | 0.87 | ₹3 Cr | ₹2,238 Cr | |
| BUY | ₹24,423.22 Cr | 29.83% | 0.55 | ₹525 Cr | ₹5,666 Cr | |
| NA | ₹141.93 Cr | -5.7% | 0.75 | -₹136 Cr | ₹629 Cr | |
| NA | ₹114.10 Cr | -10.43% | 0.70 | ₹9 Cr | ₹151 Cr |
About The Hi-Tech Gears Ltd
Share Price: ₹781.55 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,417.10Cr as of today
Revenue: ₹240.99Cr as on September 2024 (Q3 24)
Net Profit: ₹9.54Cr as on September 2024 (Q3 24)
Listing date: 24 Feb, 1997
Chairperson Name: Deep Kapuria
| Organisation | The Hi-Tech Gears Ltd |
| Headquarters | Gurgaon |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for The Hi-Tech Gears Ltd
Hi-Tech Gears' Earnings May Not Reflect Underlying Profitability - 06 Jun, 2024
Investors may be concerned about Hi-Tech Gears' earnings report, as the significant positive unusual item could give an overly positive impression of the company's underlying profitability.
Hi-Tech Gears' Debt Reduction and EBIT Growth Boosts Shareholder Returns - 31 May, 2024
Hi-Tech Gears reduced its debt from ₹4.33b to ₹1.95b in a year, with net debt of about ₹1.41b offset by ₹538.4m cash. The company's EBIT increased by 66% in the last twelve months, making it easier to manage its debt. While interest cover ratio is a concern, Hi-Tech Gears' sensible use of debt can enhance shareholder returns.
The Hi-Tech Gears Ltd Reports Increase in Net Profit and EPS - 30 May, 2024
The Hi-Tech Gears Ltd reports a 7.1% increase in quarterly net profit at Rs. 17.83 crore, with an EPS of Rs. 9.49 in March 2024 from Rs. 8.87 in March 2023. The company's EBITDA stands at Rs. 44.21 crore in March 2024, up 29.57% YoY. The stock has given returns of 114.31% over the last 6 months and 270.15% over the last 12 months.
Insights on The Hi-Tech Gears Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
NO EFFECTAgainst Peers
In the last 3 years, Cummins India Ltd has given 270.6% return, outperforming this stock by 20.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.23% of holdings in Sep 2024 quarter
- NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 43.75% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 87.4% return, outperforming this stock by 20.8%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 17.83 Cr → 9.54 Cr (in ₹), with an average decrease of 26.6% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 290.24 Cr → 248.3 Cr (in ₹), with an average decrease of 7.5% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.01% to 0.00% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, HITECHGEAR stock has moved down by -30.3%
The Hi-Tech Gears Ltd Financials
Index Inclusions
The Hi-Tech Gears Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.23% | 0.00 | |
| Foreign Institutions | 0% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 43.75% | 0.01 | |
| Others | 0.02% |
The Hi-Tech Gears Ltd Key Indicators
The Hi-Tech Gears Ltd Valuation
The Hi-Tech Gears Ltd in the last 5 years
Lowest (-436.86x)
April 4, 2022
Today (25.96x)
November 22, 2024
Industry (50.89x)
November 22, 2024
Highest (259.23x)
December 5, 2022
The Hi-Tech Gears Ltd Earnings and Dividends
The Hi-Tech Gears Ltd Earnings Results
The Hi-Tech Gears Ltd’s net profit fell -86.79% since last year same period to ₹9.54Cr in the Q2 2024-2025. On a quarterly growth basis, The Hi-Tech Gears Ltd has generated -33.01% fall in its net profits since last 3-months.
Read More about Earnings ResultsThe Hi-Tech Gears Ltd Dividends May,2024
In the quarter ending March 2024, The Hi-Tech Gears Ltd has declared dividend of ₹5 - translating a dividend yield of 0.96%.
Read More about Dividends
The Hi-Tech Gears Ltd Technicals Summary
Bearish
Neutral
Bullish
The Hi-Tech Gears Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on The Hi-Tech Gears Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy The Hi-Tech Gears Ltd shares.
The Hi-Tech Gears Ltd (HITECHGEAR) share price today is ₹781.55
The Hi-Tech Gears Ltd is listed on NSE
The Hi-Tech Gears Ltd is listed on BSE
- Today’s highest price of The Hi-Tech Gears Ltd is ₹785.
- Today’s lowest price of The Hi-Tech Gears Ltd is ₹739.9.
PE Ratio of The Hi-Tech Gears Ltd is 25.96
PE ratio = The Hi-Tech Gears Ltd Market price per share / The Hi-Tech Gears Ltd Earnings per share
Today’s traded volume of The Hi-Tech Gears Ltd(HITECHGEAR) is 3,144.00.
Today’s market capitalisation of The Hi-Tech Gears Ltd(HITECHGEAR) is ₹1417.1Cr.
| The Hi-Tech Gears Ltd(HITECHGEAR | Price |
|---|---|
52 Week High | ₹1280.45 |
52 Week Low | ₹398.6 |
The Hi-Tech Gears Ltd(HITECHGEAR) share price is ₹781.55. It is down -38.96% from its 52 Week High price of ₹1280.45
The Hi-Tech Gears Ltd(HITECHGEAR) share price is ₹781.55. It is up 96.07% from its 52 Week Low price of ₹398.6
| The Hi-Tech Gears Ltd(HITECHGEAR | Returns |
|---|---|
1 Day Returns | 26.9% |
1 Month Returns | 0.32% |
3 Month Returns | -23.52% |
1 Year Returns | 66.64% |