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About Hittco Tools Ltd
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Hittco Tools Ltd. promoted by Surendra Bhandari was incorporated in 1995. The Company manufacture different types of high performance Carbide & HSS Tools to machine-wide variety of metals & acrylic. It presently has 2 manufacturing units located on the outskirts of Bangalore in Peenya Industrial Area, which is the largest industrial area in all of Asia. The Company started its manufacturing activities with HSS range of tools in 1974 and from the year 2008 started manufacturing Solid Cardibe Tools. The manufacturing process adopted by `HlTTCO` is the most accepted and modern method of grinding due to which a high accuracy and finish is achieved on the tools produced. The Company had initially decided to locate the project to manufacture drills at Gummidipoondi, Tamilnaduu, but later on decided to alter the project to locate the same at Peenya, Bangalore, where the promoters already had an existing base. It took over the assets of Hindustan Tools, a proprietory concern of the Promoter, on lease, to expand the installed capacity and establish facilities to diversify the product range. It came out with a public issue in Jan.`96 to part-finance this expansion-cum-diversification project. During 1996-97, it expanded drill bits installed capacity from 28 lac p.a. to 36 lac p.a. & earned foreign exchange worth Rs 0.17 cr. During 1997-98, the Company changed its name from Hittco Drills Ltd to Hittco Precission Tool Technologies Ltd to reflect its broad spectrum of business. It further expanded the drill bits installed capacity from 28 lac p.a. to 36 lac p.a. Hittco was again renamed Hittco Online Technologies Ltd during the year 2000. The name of the Company was again changed in May 2004, from Hittco Precission Tool Technologies Ltd to Hittco Online Technologies Ltd. In 1999-2000, the Company opened a 100% EOU Division.
Hittco Tools share price as on 24 Jun 2025 is Rs. 13.95. Over the past 6 months, the Hittco Tools share price has decreased by 2.45% and in the last one year, it has increased by 7.72%. The 52-week low for Hittco Tools share price was Rs. 10.31 and 52-week high was Rs. 15.98.
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Hittco Tools Ltd FAQs
You can buy Hittco Tools Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Hittco Tools Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2025 04:01 PM the closing price of Hittco Tools Ltd was Rs.13.95.
The latest PE ratio of Hittco Tools Ltd as of Jun 24, 2025 04:01 PM is 0.00
The latest PB ratio of Hittco Tools Ltd as of Jun 24, 2025 04:01 PM is 0.38
The 52-week high of Hittco Tools Ltd share price is Rs. 15.98 while the 52-week low is Rs. 10.31
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2025 04:01 PM, the market cap of Hittco Tools Ltd stood at Rs. 8.59 Cr.
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