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The Hi-Tech Gears Ltd share Price Today

Company details

915.05
960.00
349.85
1,280.45
6M Return 90.39%
1Y Return 146.57%
Mkt Cap.(Cr) 1,753.21
Volume 6,228
Div Yield 0.53%
OI
-
OI Chg %
-
Volume 6,228

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The Hi-Tech Gears Ltd shares SWOT Analysis

Strengths (10)

  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (1)

  • Negative Breakdown First Support (LTP < S1)

Opportunity (3)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 971.2
R2 987.3
R3 1,007.5
Pivot

950.95

S1 934.9
S2 914.7
S3 898.6
EMA SMA
981.7
972.7
886.3
734.5
981.6
1,008.6
887.2
663.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-03-22 644.88 104220 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-03-22 645.23 104220 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-17 494.73 101762 NSE
Name Category Shares
DEEP KAPURIA PROMOTER 16.61%
PRANAV KAPURIA PROMOTER 4.52%
ANUJ KAPURIA PROMOTER 4.49%
VEENA KAPURIA PROMOTER 2.67%
DEEP KAPURIA AND SONS HUF PROMOTER 1.23%
HI-TECH PORTFOLIO INVESTEMENTS LTD PROMOTER 10.5%
OLYMPUS ELECTRICAL INDUSTRIES PVT LTD PROMOTER 9.29%
VULCAN ELECTRO CONTROLS LTD PROMOTER 5.76%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

The Hi-Tech Gears Ltd Stocks COMPARISON

Financials( in Cr) The Hi-Tech Gears Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 933.65 192.20 34,073.30 952.60 540.50
% Change -5.22 -4.14 -3.72 -10.15 -4.75
Mcap Cr 1,753.21 130,242.81 100,495.79 54,688.29 45,942.50
Revenue TTM Cr 1,169.22 78,700.70 16,727.10 11,236.49 16,769.73
Net Profit TTM Cr 23.11 1,669.60 2,490.20 700.23 882.82
PE TTM 47.88 48.02 56.19 66.29 55.77
1 Year Return 146.57 111.67 77.13 65.44 115.25
ROCE 8.27 8.59 20.31 18.68 10.38
ROE 6.75 7.76 15.98 18.44 7.35
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 354.43 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,657.67 50,536.31
LAST 3M 100,816.35 52,758.00
LAST 6M 183,679.85 45,520.24
LAST 12M 311,925.41 84,454.62

The Hi-Tech Gears Ltd Information

Stock PE (TTM)
47.88
Promoter Holding
56.23%
Book Value
248.2445
ROCE
8.27%
ROE
6.75%
Description
  • 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 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:thehitechgears.com
Website : http://www.hitechgears.com
Registrar

Mas Services Limited

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 522073
NSE Code : HITECHGEAR
Book Closure Date (Month) : Sep
BSE Group : T
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 Jul 19, 2024 03:40 PM the closing price of The Hi-Tech Gears Ltd was Rs.933.65.

The latest PE ratio of The Hi-Tech Gears Ltd as of Jul 19, 2024 03:40 PM is 47.88

The latest PB ratio of The Hi-Tech Gears Ltd as of Jul 19, 2024 03:40 PM is 0.26

The 52-week high of The Hi-Tech Gears Ltd share price is Rs. 1,280.45 while the 52-week low is Rs. 349.85

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 Jul 19, 2024 03:40 PM, the market cap of The Hi-Tech Gears Ltd stood at Rs. 1,753.21 Cr.

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