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Hi-Tech Pipes Limited (HITECH)

Building Materials · NSE · end-of-day 2026-10-19
Close
₹71.10
Day change
+0.57%
1-year
-41.7%
From 52-week high
-40.2%
Weinstein stage
Stage 4
Minervini template
0/8
Hi-Tech Pipes Limited closed at ₹71.10 on 2026-10-19, down 42% over the past year, 40% below its 52-week high. It meets 0 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 4 - declining; on earnings, it passes 1 of 5 SEPA checks. Over the year its annualised volatility was about 41%, with a largest fall of 43% from a peak.

About Hi-Tech Pipes Limited

Hi-Tech Pipes Limited manufactures steel pipes and tubes used in infrastructure, construction, water, automotive, and industrial applications. India's infrastructure development and expanding urbanization support long-term demand. Capacity expansion and movement toward value-added products can improve margins. A broad customer base across infrastructure and industrial sectors provides diversification. Steel prices, raw-material costs, energy expenses, capacity utilization, and construction cycles remain important considerations.

Price, RSI and MACD

Price · -16.9% over the period
6976839097Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 42.1
305070
MACD (12, 26, 9) · histogram +0.10
-2.9-1.30.31.93.5
Price · -40.0% over the period
678194108122Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 42.1
305070
MACD (12, 26, 9) · histogram +0.10
-6.2-2.90.53.87.2
Price · -62.5% over the period
62100138176214Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 42.1
305070
MACD (12, 26, 9) · histogram +0.10
-11.4-6-0.74.69.9
Price · -17.1% over the period
62100138176213Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 42.1
305070
MACD (12, 26, 9) · histogram +0.10
-11.1-51.27.413.5
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹1,444 cr₹4,822 cr₹75 cr15.44.621.085.9%8.0%9.8%0.20₹-148 cr9.51.59

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20261,413200.99-4.8%+78.5%1.4%
Mar 20261,480181.78+87.4%+101.8%1.2%
Dec 20251,070170.84-22.2%+40.6%1.6%
Sep 2025859201.01-8.2%+21.7%2.4%
Jun 2025791211.04-10.3%-8.7%2.6%
Mar 2025734180.95+13.1%+7.7%2.4%
Dec 2024761191.08-0.9%+20.8%2.5%
Sep 2024706181.10+35.8%-5.4%2.6%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 1 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✗ Fail
EPS growth accelerating over 3 quarters✗ Fail
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✗ Fail

Investor methods

MethodChecksScoreVerdict
Minervini
✗ Close above the 150- and 200-day averages
✗ 150-day above 200-day
✗ 200-day rising for a month
✗ 50-day above the 150- and 200-day
✗ Close above the 50-day
✗ At least 25% above the 52-week low · low 70.05
✗ Within 25% of the 52-week high · high 118.90
✗ RS percentile 70 or more · RS 8
Trend template - the gate, measured: a modest 21-day edge.
0/80 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 4 - declining
CAN SLIM
✗ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✗ N within 15% of the 52-week high · high 118.90
✗ S more volume on up days than down days (50 sessions) · 0.98x
✗ L RS percentile 80 or more · RS 8
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
1/6Weak
Darvas
✗ New 52-week high in the last 120 sessions
Darvas needs a new 52-week high to start a box.
10/100No box
Turtle
✗ Close above the prior 55-session high · 87.00
✗ Close above the prior 20-session high · 76.70
✗ Close below the prior 20-session low · 69.51
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 10.5%
— Return on capital (ROCE) · 9.8%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
51/100Average
Graham
✓ Price at or below the Graham number · Graham number 82.72
✗ P/E 15 or less · P/E 15.4
✓ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 1.08
✓ Current ratio 2 or more · 2.17
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
100/100Undervalued
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✗ Cash flow above net profit (earnings quality)
✗ Long-term debt / assets falling
✗ Current ratio rising · 2.17
✓ No new shares issued
✗ Margin rising (net margin)
✓ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
4/9Weak
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Building Materials sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
HITECH this stock-6.6-18.5-16.9-38.1-29.9+13.915.41.085.99.8—0.209.61,4444,822754.61.59
STYLAMIND+0.3-3.2+47.5+71.9+93.6+203.433.06.9420.527.0—0.0425.05,6021,173170100.00.39
BAJAJCON-12.7-17.1-5.8+66.0+83.9+78.823.66.5125.331.0—0.0018.85,8391,30725119.00.98
APOLLOPIPE-4.7+5.0+13.3+55.9-24.7-19.9—2.790.62.0—0.15—2,283——-2.70.38
VENUSPIPES-19.8+7.7+39.7+42.1+38.8—36.45.6817.021.2—0.4321.03,7951,21110450.31.28
KAMDHENU-9.1+10.8+71.0+39.1+23.3+185.812.22.6522.029.8—0.009.31,051781863.01.32
ORIENTBELL-1.1+24.7+28.6+35.1-17.4+8.727.01.743.95.3—0.09—5727522114.40.86
SOMANYCERA+1.0+12.0+28.5+29.5-15.9-31.122.32.8110.113.5—0.309.52,3712,93510125.90.96
SEJALLTD+20.1+17.1+31.8+10.9+229.5—25.55.6430.320.5—0.8916.99784713833.60.86
GANDHITUBE+3.0+7.1+6.7+6.3+24.3+109.515.13.5623.531.3—0.0012.01,1262017561.50.85
GREENPLY+3.6-5.6+30.7-0.3+85.4+48.638.34.2410.515.7—0.5515.83,7912,863997.91.21
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.