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The Hi-Tech Gears Ltd share Price Today

Company details

6M Return 34.35%
1Y Return 77.05%
Mkt Cap.(Cr) 915.78
Volume 33,955
Div Yield 0.52%
OI Chg %
Volume 33,955

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Operating Profit
Profit after Tax
Reserves and Surplus
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The Hi-Tech Gears Ltd Stocks COMPARISION


Equity Capital: 354.43 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,382.05 35,983.55
LAST 3M 58,542.74 18,995.44
LAST 6M 99,640.08 90,958.37
LAST 12M 166,983.77 138,194.89

The Hi-Tech Gears Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Incorporated in 1986, Hi-Tech Gears Limited (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML). The Company is an auto component manufacturer (a Tier 1 supplier). Over a period of time, it acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers. The Company is engaged in the business of gears and transmission components. HTGL has tied up with Kyushu Musashi, a subsidiary of Honda Motors, Japan, to manufacture closed-die forgings in India. This particular product is a raw material for transmission gears and shafts. These forgings are at present imported by HHML. With the implementation of the forgings project, the company will stand to benefit as in-house forgings manufacture will result in value-added and cost-effective products. The technology thus acquired will be unique which imparts greater strength to forgings and will not be restricted to the automobile sector. This is the first time this technology is being transferred outside the Honda group. Company commenced supply to M/s Cummins world wide. Besides this the company is developing markets in Germany and increasing its business in U.K. Company also confident about the healthy segment of its business due to company`s largest customer M/s Hero Honds Motors Ltd. It has plans of diversifying into the software arena with a foray into e-engineering services. The company has formed a small group named Hi-tech Soft which is utilising software from original equipment (OE) customers to undertake projects on assembly, modelling, computer aided machining (CAM), drawing and other engineering services. It plans to strengthen it and then hive it off as a separate entity in the future. This division plans to offer product and process life cycle management projects, intralink implementation, training and consulting services. During the year 2003-04, Hi-Tech Robotic Systemz Inc. was incorporated as a 100% subsidiary of the Company. In 2005, the Company set up Manufacturing plant at Manesar. During 2017-18, the Company incorporated a Wholly Owned Subsidiary Company in US in the name of "Neo-Tech Auto Systemz Inc." and subscribed 10,00,000 common shares of CAD $ 0.01 each. Similarly during the year 2018-19, it incorporated a Wholly Owned Subsidiary in Canada in the name of "Neo-Tech Smart Solutions Inc." and subscribed 2,50,000 common shares of CAD $ 1 each. As on March 31, 2023, the Company had 9 Wholly-owned Subsidiaries consisting of 3 wholly owned subsidiaries viz., 2545887 Ontario Inc., Neo-Tech Smart Solutions Inc. & Neo-Tech Auto Systemz Inc., and 6 wholly-owned step down subsidiaries viz., 2504584 Ontario Inc., 2323532 Ontario Inc., The Hi-Tech Gears Canada Inc., Teutech Holdings Co., Teutech Leasing Co. and Teutech LLC. However, 2 Wholly-owned Step-Down Subsidiaries i.e., 2323532 Ontario Inc. and 2504584 Ontario Inc. got amalgamated with `The Hi-Tech Gears Canada Inc. (Wholly-owned Step down Subsidiary of the Company) w.e.f. June 15, 2023 and both the aforesaid Wholly-owned Step-Down Subsidiaries, viz., 2323532 Ontario Inc. and 2504584 Ontario Inc have ceased to exist from June 15, 2023.

Registered Address

Plot No 24 25 & 26, Sector-7 IMT Manesar, Gurgaon, Haryana, 120050

Tel : 91-124-4715200
Email : secretarial:hitechgears.com
Website : http://www.hitechgears.com

Mas Services Limited

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 522073
Book Closure Date (Month) :
BSE Group : B
ISIN : INE127B01011

FAQ’s on The Hi-Tech Gears Ltd Shares

You can buy The Hi-Tech Gears Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy The Hi-Tech Gears Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:59 PM the closing price of The Hi-Tech Gears Ltd was ₹ 487.95.

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 Dec 08, 2023 03:59 PM, the market cap of The Hi-Tech Gears Ltd stood at ₹ 915.78.

The latest PE ratio of The Hi-Tech Gears Ltd as of Dec 08, 2023 03:59 PM is 26.06

The latest PB ratio of The Hi-Tech Gears Ltd as of Dec 08, 2023 03:59 PM is 0.47

The 52-week high of The Hi-Tech Gears Ltd is ₹ 518.80 while the 52-week low is ₹ 215.35

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