Stock in focus right now: The 52-week excessive of the inventory is Rs 210.85 and the 52-week low of Rs 84.80. The market cap of the corporate is Rs 1,998.38 crore.
Shares of metal pipe maker Hi-Tech Pipes surged almost 6 per cent on Tuesday, i.e. on May 27, 2025, at the same time as benchmark indices Sensex and Nifty tumbled in early commerce. The inventory opened in inexperienced at Rs 95.89 on the BSE in opposition to the earlier shut of Rs 94.71. The scrip surged additional to the touch the excessive of Rs 100.30 – a achieve of 5.90 per cent in opposition to the final closing value. On the NSE, the inventory began the session at Rs 95.70 and touched a excessive of Rs 100.40. Last seen, it was buying and selling at Rs 98.42 – a achieve of three.95 per cent.
The 52-week excessive of the inventory is Rs 210.85 and the 52-week low of Rs 84.80. The market cap of the corporate is Rs 1,998.38 crore.
This fall Results
The firm has introduced its quarterly outcomes for the fourth quarter of the monetary yr 2024-25. The metal pipe maker has posted a 59 per cent rise in consolidated internet revenue. The revenue has surged to round Rs 18 crore for the March quarter of FY25 as in opposition to the web revenue of Rs 11.12 crore within the January-March quarter of 2023-24. According to the corporate, the surge in internet revenue is pushed by increased revenue.
The firm’s complete revenue elevated to Rs 733.75 crore from Rs 680.75 crore a yr in the past.
Sales quantity elevated 8 per cent to 1,16,032 MT from 1,07,721 MT in This fall FY24, reflecting increased demand.
Net Profit Rises 66% For Entire FY25
For the complete FY25, the web revenue rose 66 per cent to Rs 72.95 crore in opposition to Rs 43.93 crore in FY24. Revenues throughout the yr grew by 14 per cent to Rs 3,068 crore from Rs 2,699 crore, supported by file gross sales volumes.
Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes, mentioned, “FY25 marks a defining year for Hi-Tech Pipes, with 14 per cent revenue growth and a 66 per cent surge in profitability, driven by operational excellence and strategic capacity expansion”.
Hi-Tech Pipes owns and operates six built-in manufacturing amenities in #Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra, having a mixed put in capability of seven,50,000 metric tonnes (MT) each year.
With PTI inputs
(This article is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
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