What is the Share Price of Hitech Corporation Ltd?

Hitech Corporation Ltd share price is ₹245.98 As on 19 December, 2024|00:36

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Hitech Corporation Ltd

Hitech Corporation Ltd Share Price

Q: What is the Market Cap of Hitech Corporation Ltd?

The Market Cap of Hitech Corporation Ltd is ₹404 As on 19 December, 2024|00:36

Q: What is PE Ratio of Hitech Corporation Ltd?

The P/E ratio of Hitech Corporation Ltd is 22.9 As on 19 December, 2024|00:36

Q: What is PB Ratio of Hitech Corporation Ltd?

The PB ratio of Hitech Corporation Ltd is 3.33 As on 19 December, 2024|00:36

₹ 245.98 -2.33 (-0.94%)
Updated on 18-12-2024 4:38 PM

Stock Rating

Pros 1

Cons 5

Hitech Corporation Ltd Price Performance

Day's Low
₹244.5

Day's High
₹252.11

₹ 245.98

52-w low
₹179.9

52-w high
₹351.35

245.98

Day's open
₹249
Previous close
₹248.309998
VWAP
₹247.9
Lower price band
₹198.64
Upper price band
₹297.97

Today's Market Action

The last traded share price of Hitech Corporation Ltd was 245.98 down by -0.94% on the NSE. Its last traded stock price on BSE was 245.00 down by -1.61%. The total volume of shares on NSE and BSE combined was 14,608 shares. Its total combined turnover was Rs 0.36 crores.

Hitech Corporation Ltd Medium and Long Term Market Action

Hitech Corporation Ltd hit a 52-week high of 351.35 on 14-10-2024 and a 52-week low of 179.9 on 04-06-2024. The stock price of Hitech Corporation Ltd is up by 5% over the last one month. It is down by -7.33% over the last one year. Don't forget to check the full stock price history in the table below.

Hitech Corporation Ltd Fundamentals

Market Cap (Cr): 404
Book Value (₹):
Stock P/E:
Revenue (Cr):
Total Debt (Cr):

Face Value (₹):
Roce (%):
ROE (%):
Earnings (Cr):
Promoter’s Holdings (%):

EPS (₹):
Debt to Equity:
Dividend Yield (%):
Cash (Cr):

Hitech Corporation Ltd Mutual fund holdings and trends

FUND NAME	Quantity	Monthly Change (Qty)

Hitech Corporation Ltd Shareholding Pattern

Similar Stocks

Company	Price	Market Cap (Cr)	P/E

About Hitech Corporation Ltd

Data not available.

Hitech Corporation Ltd FAQ's

What is Share Price of Hitech Corporation Ltd?

What is the Market Cap of Hitech Corporation Ltd?

What is PE Ratio of Hitech Corporation Ltd?

What is PB Ratio of Hitech Corporation Ltd?

What is the CAGR of Hitech Corporation Ltd?

How to Buy Hitech Corporation Ltd Share?

Financials

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

News

Review

Pros

Great Cash Conversion of Profits
The business has a great cash conversion ratio since it is able to convert a signifant portion of operating earnings of 74.32% into operating cash flow. This implies a great working capital cycle and large cash flows for either funding growth or dividends. This shall positively impact shareholder returns.

Cons

Low Sustainable RoE
The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
Low Return on Capital Employed
The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
Low Interest Coverage
The company has a very low Interest coverage ratio of 5.14 times which implies that a large portion of operating profits are getting attributed to payment of interest to debtholders. This leaves lower earnings and cash flows for equity shareholders which is negative for returns.
Capital Intensive Business
The company operates an extremely capital intensive business with a low Asset turnover ratio of 1.99. A low asset turnover ratio negatively impacts RoE and reduces shareholder returns. Also due to the capital intensive nature of business, growth of the business would need to be funded either via increasing borrowings or diluting shareholders, both of which shall negatively impact shareholder value and returns.
Below Average Growth Rate
The company is estimated to grow at a slow pace which will impair wealth creation for shareholders.

Valuation Analysis

Margin of safety
(19/12/2024)

Margin of Safety Index: High

0% People are bullish about Hitech Corporation Ltd

0 % People are bearish about Hitech Corporation Ltd

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Historical Data

Date	Open	High	Low	Close	Volume	Daily Change %