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The Hi-Tech Gears Share Price Target 2024, 2025, 2026 to 2039 With Charts
The Hi-Tech Gears Limited | |||
 | Symbol: HITECHGEAR | ||
| Price: ₹775.65 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: The Hi-Tech Gears Brief Company Overview
- 1.1: Hi-Tech Gears Limited: A Diverse Manufacturer of Auto Components
- 1.2: The Hi-Tech Gears Financial Performance
- 1.2.1: Is The Hi-Tech Gears A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: The Hi-Tech Gears Share Price Target For 2024
- 2.1.1: The Hi-Tech Gears Share Price Target Table For 2024
- 2.1.2: Summary: The Hi-Tech Gears Share Price Prediction For 2024
- 2.2: The Hi-Tech Gears Share Price Target For 2025
- 2.2.1: The Hi-Tech Gears Share Price Target Table For 2025
- 2.2.2: Summary: The Hi-Tech Gears Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: The Hi-Tech Gears Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: The Hi-Tech Gears Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: The Hi-Tech Gears Past Performance
The Hi-Tech Gears Brief Company Overview
Hi-Tech Gears Limited: A Diverse Manufacturer of Auto Components
Hi-Tech Gears Limited is a leading manufacturer of auto components, catering to automobile manufacturers and suppliers worldwide. The company boasts a comprehensive product portfolio that includes transmission and engine components, driveline components, steering linkage, power take off components, and engineering design services. Their diverse offerings serve a wide range of vehicles, including two wheelers, light vehicles, commercial vehicles, and off highway vehicles.
Established in 1986, Hi-Tech Gears has a longstanding reputation for excellence in the industry. Headquartered in Gurugram, India, the company has expanded its global reach, serving customers in India, the United States, and internationally.
Beyond its core auto component business, Hi-Tech Gears is also committed to innovation. The company actively develops products and services in emerging fields such as robotics, artificial intelligence, automotive embedded systems, computer vision, and biometrics. This forward-thinking approach ensures that the company remains at the forefront of industry advancements.
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The Hi-Tech Gears Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,672.48 Crore | Market valuation of The Hi-Tech Gears's shares. |
| Revenue (TTM) | 1,104.03 Crore | Total revenue generated by The Hi-Tech Gears over the past twelve months. |
| Net Income (TTM) | +119.19 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 9.72% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 10.79% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -1.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +53.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 64.02 | Company's total debt divided by total shareholder equity. |
| Total Debt | 298.45 Crore | Sum of The Hi-Tech Gears's current & long-term financial obligations. |
| Total Cash | 53.84 Crore | Total amount of liquid funds available to The Hi-Tech Gears. |
| Beta | 1.4 | Beta is greater than 1 indicating that the The Hi-Tech Gears's price is more volatile than the market. |
Is The Hi-Tech Gears A Good Buy For Long Term?
Hi-Tech Gears, a small-cap stock with a market capitalization of ₹1,456.53 crore, presents a mixed picture for long-term investors. While its impressive past performance (400.41% return over three years) and healthy profit margin (10.79%) are positive, recent quarterly revenue dipped (-1.1%), and the stock experienced a significant downturn in the past six months (-26.97%). The substantial debt (₹298.45 crore) relative to cash (₹53.84 crore) warrants caution. Considering the volatility and debt, it's currently an average buy for long-term investors, requiring close monitoring of future financial reports.
To predict the The Hi-Tech Gears'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
The Hi-Tech Gears Share Price Target For 2024
The line chart displays the monthly closing prices of The Hi-Tech Gears 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 The Hi-Tech Gears shares in 2024, see the table below.
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The Hi-Tech Gears Share Price Target Table For 2024
| The Hi-Tech Gears's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 804.50 (+3.71%) | Price Action: 06 Nov 2024 Low |
| 2024 Target 2 | 793.50 (+2.3%) | Price Action: 04 Nov 2024 High |
| 2024 Target 1 | 785.00 (+1.2%) | Price Action: 13 Nov 2024 Low |
| Current Price | 775.65 | The Hi-Tech Gears's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 770.64 (-0.65%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 758.90 (-2.16%) | Price Action: 28 Oct 2024 High |
| Stop Loss 3 | 748.00 (-3.57%) | Price Action: 24 Oct 2024 Low |
Summary: The Hi-Tech Gears Share Price Prediction For 2024
In summary, The Hi-Tech Gears has surged by ₹317.25, achieving a notable +69.21% increase from 1st January 2024 to 14 Nov 2024. Our analysis of The Hi-Tech Gears for 2024 predicts an additional rise of 1.2% to 3.71% by the end of 2024 with three potential targets T1: 785.00, T2: 793.50, T3: 804.50. Stop Loss at SL1: 770.64, SL2: 758.90, SL3: 748.00.
The Hi-Tech Gears has a 52-week high of ₹1280.44, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹398.60, 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 The Hi-Tech Gears.
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The Hi-Tech Gears Share Price Target For 2025
The line chart displays the monthly closing prices of The Hi-Tech Gears 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 The Hi-Tech Gears shares in 2025, see the table below.
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The Hi-Tech Gears Share Price Target Table For 2025
| The Hi-Tech Gears's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1313.18 (+69.3%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 1278.31 (+64.8%) | Price Action: Chart |
| 2025 Target 1 | 1265.65 (+63.17%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 775.65 | The Hi-Tech Gears's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 656.32 (-15.39%) | Price Action: Chart |
| Stop Loss 2 | 649.76 (-16.24%) | Price Action: Chart |
| Stop Loss 3 | 638.06 (-17.74%) | Price Action: Chart |
Summary: The Hi-Tech Gears Share Price Prediction For 2025
In summary, The Hi-Tech Gears has surged by ₹317.25, achieving a notable +69.21% increase from 1st January 2024 to 14 Nov 2024. Our analysis of The Hi-Tech Gears for 2025 predicts an additional rise of 63.17% to 69.3% by the end of 2025 with three potential targets T1: 1265.65, T2: 1278.31, T3: 1313.18. Stop Loss at SL1: 656.32, SL2: 649.76, SL3: 638.06.
The Hi-Tech Gears has a All-Time high of ₹1280.44, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹398.60, 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 The Hi-Tech Gears, we have created a specific page for that check here: The Hi-Tech Gears Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
The Hi-Tech Gears Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of The Hi-Tech Gears share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.21% over the next 15 years.
For complete year by year The Hi-Tech Gears long term share price target from 2024, 2025 to 2039 check the below table.
The Hi-Tech Gears Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | The Hi-Tech Gears Target | YoY Change % |
|---|---|---|
| 2024 | ₹775.65 | [Current Price] |
| 2024 | ₹882.26 | 13.74% |
| 2025 | ₹952.04 | 7.9% |
| 2026 | ₹970.61 | 1.95% |
| 2027 | ₹1,059.73 | 9.18% |
| 2028 | ₹984.87 | -7.07% |
| 2029 | ₹1,058.61 | 7.48% |
| 2030 | ₹1,135.03 | 7.21% |
| 2031 | ₹1,150.26 | 1.34% |
| 2032 | ₹1,248.88 | 8.57% |
| 2033 | ₹1,154.59 | -7.55% |
| 2034 | ₹1,234.99 | 6.96% |
| 2035 | ₹1,318.03 | 6.72% |
| 2036 | ₹1,329.92 | 0.9% |
| 2037 | ₹1,438.03 | 8.12% |
| 2038 | ₹1,324.33 | -7.91% |
| 2039 | ₹1,372.93 | 3.66% |
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The Hi-Tech Gears Past Performance
- In 1994, The Hi-Tech Gears opening price was ₹8.11
- As of Thu 14 Nov 2024 the price stands at ₹775.65.
- This represents a Compound Annual Growth Rate (CAGR) of 15.84%.
- In 30 years, an investment of 10,000 would have become ₹9.55 Lakh.
As we wrap up, we hope you like our study on The Hi-Tech Gears 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.
- The Hi-Tech Gears Share Price History
- The Hi-Tech Gears Price Target Tomorrow
- The Hi-Tech Gears Dividend History
- The Hi-Tech Gears Bonus 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.
