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Hi-Tech Pipes Share Price Target 2024, 2025, 2026 to 2039 With Charts
Hi-Tech Pipes Limited | |||
 | Symbol: HITECH | ||
| Price: ₹161.53 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Hi-Tech Pipes Brief Company Overview
- 1.1: Company Overview of Hi-Tech Pipes Limited
- 1.2: Hi-Tech Pipes Financial Performance
- 1.2.1: Is Hi-Tech Pipes A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Hi-Tech Pipes Share Price Target For 2024
- 2.1.1: Hi-Tech Pipes Share Price Target Table For 2024
- 2.1.2: Summary: Hi-Tech Pipes Share Price Prediction For 2024
- 2.2: Hi-Tech Pipes Share Price Target For 2025
- 2.2.1: Hi-Tech Pipes Share Price Target Table For 2025
- 2.2.2: Summary: Hi-Tech Pipes Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Hi-Tech Pipes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Hi-Tech Pipes Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Hi-Tech Pipes Past Performance
Hi-Tech Pipes Brief Company Overview
```htmlCompany Overview of Hi-Tech Pipes Limited
Established in 1985, Hi-Tech Pipes Limited is a leading manufacturer of steel products catering to diverse industries, including infrastructure, construction, energy, and engineering. Headquartered in New Delhi, the company has a vast network of 450 dealers and distributors, both domestically and internationally.
Hi-Tech Pipes boasts a wide product portfolio that includes:
- GI pipes for agriculture
- Steel pipes for various applications (firefighting, railing, fencing, infrastructure, solar mounting, etc.)
- Casing pipes for borewells and water
- Structural pipes for poles, railings, and telecom towers
- Cold rolled coils and strips for housing, automotive, and white goods industries
- Steel hollow section pipes for construction
- Metal beam crash barriers for highways and high embankments
- Solar torque tubes for renewable energy
- GC steel sheets and color coated roofing sheets for housing
Hi-Tech Pipes is committed to providing high-quality products and innovative solutions that meet the evolving needs of its customers.
Hi-Tech Pipes Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,697.37 Crore | Market valuation of Hi-Tech Pipes's shares. |
| Revenue (TTM) | 2,924.1 Crore | Total revenue generated by Hi-Tech Pipes over the past twelve months. |
| Net Income (TTM) | +53.96 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 4.33% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.84% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +35% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +125% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 69.97 | Company's total debt divided by total shareholder equity. |
| Total Debt | 403.3 Crore | Sum of Hi-Tech Pipes's current & long-term financial obligations. |
| Total Cash | 25.99 Crore | Total amount of liquid funds available to Hi-Tech Pipes. |
| Beta | 0.9 | Beta is less than 1 indicating that the Hi-Tech Pipes's price is less volatile than the market. |
Is Hi-Tech Pipes A Good Buy For Long Term?
Hi-Tech Pipes, a small-cap stock with a market capitalization of ₹3,411.4 Crore, shows strong growth potential. Its impressive 5-year return of 667.64% and substantial year-over-year earnings growth of 72% are noteworthy. However, a low profit margin of 2.13% and existing debt of ₹363.47 Crore against a cash balance of only ₹34.47 Crore raise concerns. While past performance doesn't guarantee future results, the significant growth warrants further investigation. It's a cautiously optimistic buy for the long term, requiring careful monitoring of debt levels and profit margin expansion.
To predict the Hi-Tech Pipes's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Hi-Tech Pipes Share Price Target For 2024
The line chart displays the monthly closing prices of Hi-Tech Pipes with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Hi-Tech Pipes shares in 2024, see the table below.
Hi-Tech Pipes Share Price Target Table For 2024
| Hi-Tech Pipes's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 166.94 (+3.34%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 164.97 (+2.12%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 1 | 162.78 (+0.77%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 161.53 | Hi-Tech Pipes's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 161.15 (-0.24%) | Price Action: Chart |
| Stop Loss 2 | 158.90 (-1.63%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 157.30 (-2.62%) | Price Action: Mar 2024 High |
Summary: Hi-Tech Pipes Share Price Prediction For 2024
In summary, Hi-Tech Pipes has surged by ₹46.53, achieving a notable +40.46% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Hi-Tech Pipes for 2024 predicts an additional rise of 0.77% to 3.34% by the end of 2024 with three potential targets T1: 162.78, T2: 164.97, T3: 166.94. Stop Loss at SL1: 161.15, SL2: 158.90, SL3: 157.30.
Hi-Tech Pipes has a 52-week high of ₹210.85, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.65, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Hi-Tech Pipes.
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Hi-Tech Pipes Share Price Target For 2025
The line chart displays the monthly closing prices of Hi-Tech Pipes with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Hi-Tech Pipes shares in 2025, see the table below.
Hi-Tech Pipes Share Price Target Table For 2025
| Hi-Tech Pipes's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 231.83 (+43.52%) | Price Action: Chart |
| 2025 Target 2 | 227.51 (+40.84%) | Price Action: Chart |
| 2025 Target 1 | 225.26 (+39.45%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 161.53 | Hi-Tech Pipes's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 146.86 (-9.09%) | Price Action: Jul 2024 Low |
| Stop Loss 2 | 145.39 (-10%) | Price Action: Chart |
| Stop Loss 3 | 142.77 (-11.62%) | Price Action: Chart |
Summary: Hi-Tech Pipes Share Price Prediction For 2025
In summary, Hi-Tech Pipes has surged by ₹46.53, achieving a notable +40.46% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Hi-Tech Pipes for 2025 predicts an additional rise of 39.45% to 43.52% by the end of 2025 with three potential targets T1: 225.26, T2: 227.51, T3: 231.83. Stop Loss at SL1: 146.86, SL2: 145.39, SL3: 142.77.
Hi-Tech Pipes has a All-Time high of ₹989.65, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.65, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Hi-Tech Pipes, we have created a specific page for that check here: Hi-Tech Pipes Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Hi-Tech Pipes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Hi-Tech Pipes share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.51% over the next 15 years.
For complete year by year Hi-Tech Pipes long term share price target from 2024, 2025 to 2039 check the below table.
Hi-Tech Pipes Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Hi-Tech Pipes Target | YoY Change % |
|---|---|---|
| 2024 | ₹161.53 | [Current Price] |
| 2024 | ₹211.84 | 31.14% |
| 2025 | ₹284.98 | 34.52% |
| 2026 | ₹364.51 | 27.9% |
| 2027 | ₹490.66 | 34.6% |
| 2028 | ₹547.09 | 11.5% |
| 2029 | ₹642.84 | 17.5% |
| 2030 | ₹697.09 | 8.43% |
| 2031 | ₹773.38 | 10.94% |
| 2032 | ₹940.17 | 21.56% |
| 2033 | ₹970.69 | 3.24% |
| 2034 | ₹1,073.83 | 10.62% |
| 2035 | ₹1,109.21 | 3.29% |
| 2036 | ₹1,182.25 | 6.58% |
| 2037 | ₹1,389.69 | 17.54% |
| 2038 | ₹1,394.29 | 0.33% |
| 2039 | ₹1,411.17 | 1.21% |
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Hi-Tech Pipes Past Performance
- In 2016, Hi-Tech Pipes opening price was ₹5.46
- As of Thu 21 Nov 2024 the price stands at ₹161.53.
- This represents a Compound Annual Growth Rate (CAGR) of 45.7%.
- In 8 years, an investment of 10,000 would have become ₹2.95 Lakh.
As we wrap up, we hope you like our study on Hi-Tech Pipes share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Hi-Tech Pipes Share Price History
- Hi-Tech Pipes Price Target Tomorrow
- Hi-Tech Pipes Dividend History
- Hi-Tech Pipes Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
