ad

Hi-Tech Pipes (HITECH) Share Price Near 52-Week Low as Stock Trades at Rs 70.25

21 Oct 2026 • 10:19 am

Hi-Tech Pipes (HITECH) Share Price Near 52-Week Low as Stock Trades at Rs 70.25
Hi-Tech Pipes Ltd. (HITECH) share price is trading within 2% of its 52-week low today and stood at Rs 70.25, down 1.1% from the previous close. Market cap was Rs 1,442.67 crore.

Hi-Tech Pipes Share Price is trading at Rs 70.25, down 1.10% today, and remains near its 52-week low with a market capitalisation of Rs 1,442.67 crore. The latest Univest data confirms the price event, while the available numbers do not establish a company-specific catalyst.

Hi-Tech Pipes Share Price is at Rs 70.25 in morning trade on 21 October 2026, down 1.10% from the previous close of Rs 71.03. The stock is moving close to its 52-week low area, and the market capitalisation stands at Rs 1,442.67 crore. The latest Univest data shows a weak intraday tone, but it does not identify a specific company trigger behind the move. For readers tracking Hi-Tech Pipes Share Price Today, the emphasis is on price behaviour, support zones and how the stock fits into the broader iron and steel space. This Hi-Tech Pipes Stock News update is therefore more about the market setup than a fresh business event.

Hi-Tech Pipes Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 70.25
Previous Close Rs 71.03
Today's Move Rs -0.78 (-1.1%)
Open Rs 71.03
High Rs 71.52
Low Rs 70.25
Market Capitalisation Rs 1,442.67 crore

Hi-Tech Pipes Ltd. (HITECH) traded at Rs 70.25 versus the previous close of Rs 71.03, a fall of 1.1%. The stock opened at Rs 71.03, reached a high of Rs 71.52, touched a low of Rs 70.25.

Hi-Tech Pipes Share Price Today shows a narrow opening range and a soft drift lower in early trade. The stock opened at Rs 71.03, matched the previous close, touched a high of Rs 71.52 and a low of Rs 70.25, which is also the current price. That means the day’s move of Rs -0.78 reflects selling pressure from the opening print. With the share trading near its yearly low, the price action suggests that buyers are still cautious around this band. Market capitalisation at Rs 1,442.67 crore keeps the company in the small-to-mid cap zone within the listed universe. For investors scanning Hi-Tech Pipes Share Price Live, the key question is whether the stock can stabilise above its current support area before any broader recovery attempt. That sets up the technical picture.

Hi-Tech Pipes Ltd. (HITECH) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,442.67 crore
P/E Ratio 19.16x
P/B Ratio 1.07x
ROE 5.88%
ROCE 9.85%
EPS Rs 3.71
Book Value Per Share Rs 66.64
Dividend Yield 0%

Hi-Tech Pipes Ltd. (HITECH) fundamental metrics show P/E 19.16x, P/B 1.07x, ROE 5.88%, ROCE 9.85%. These figures provide context only and are not a buy or sell signal.

Hi-Tech Pipes Ltd. has a market capitalisation of Rs 1,442.67 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 19.16x, P/B at 1.07x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 5.88% and ROCE of 9.85%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 3.71, book value per share of Rs 66.64, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 16.66x, median ROE of 7.74%, median ROCE of 11.16%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Iron & Steel
Industry Steel & Iron Products
Benchmark Scope same industry
Company P/E Ratio 19.16x
Benchmark Median P/E 16.66x
Benchmark Average P/E 31.43x
Benchmark P/E Range 0x to 614.03x
Company P/B Ratio 1.07x
Benchmark Median P/B 1.61x
Company ROE 5.88%
Benchmark Median ROE 7.74%
Company ROCE 9.85%
Benchmark Median ROCE 11.16%
Company Market Capitalisation Rs 1,442.67 crore
Benchmark Median Market Cap Rs 300.73 crore

Hi-Tech Pipes Ltd. (HITECH) is classified under sector: Iron & Steel and industry: Steel & Iron Products.

Hi-Tech Pipes Ltd. (HITECH) has a P/E ratio of 19.16x, which is above the benchmark median of 16.66x, a difference of +15.01%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Hi-Tech Pipes Ltd. (HITECH) has a ROE of 5.88%, which is below the benchmark median of 7.74%, a difference of -24.03%. Hi-Tech Pipes Ltd. (HITECH) has a ROCE of 9.85%, which is below the benchmark median of 11.16%, a difference of -11.74%.

Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Manaksia Coated Metals & Industries Ltd. MANAKCOAT 1,385.71 33.98 3.81 15.08 19.52
Frontier Springs Ltd. FRONTSP 1,543.76 26.35 7.9 39.9 51.11
Rhetan TMT Ltd. RHETAN 1,253.48 98.73 11.71 10.66 11.3
Mangalam Worldwide Ltd. MWL 1,209.41 21.92 3.65 18.05 17.97
MSP Steel & Power Ltd. MSPL 1,777.47 46.88 1.78 3.51 1.86

Hi-Tech Pipes Ltd. (HITECH) has a P/E ratio of 19.16x compared with the displayed peer median of 33.98x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.88% compares with a peer median of 15.08% across the companies shown in the table. ROCE stood at 9.85% versus the displayed peer median of 17.97%, providing a capital-efficiency comparison. Hi-Tech Pipes Ltd. (HITECH) has a market capitalisation of Rs 1,442.67 crore. Among the 5 peers shown, 2 have a larger market capitalisation.

Why Investors Are Watching Hi-Tech Pipes

  • Hi-Tech Pipes Share Price is trading near its 52-week low, so the price zone itself is drawing attention from market participants.
  • Hi-Tech Pipes Share Price Today is below both the 50 DMA and 200 DMA, which keeps the chart under pressure.
  • Hi-Tech Pipes Fundamental Analysis shows a P/E of 19.16 and P/B of 1.07, giving valuation context to the move.
  • Hi-Tech Pipes Share Price sits in a sector where the company’s ROE of 5.88% and ROCE of 9.85% trail the benchmark median.
  • Hi-Tech Pipes Stock News remains relevant because the stock is attracting interest as part of 52 Week Low Stocks and Stocks in News searches.

About Hi-Tech Pipes

Hi-Tech Pipes Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is tracked on both NSE and BSE as HITECH. From the available financial data, Hi-Tech Pipes Share Price reflects a business with a market capitalisation of Rs 1,442.67 crore, modest profitability and a book value of Rs 66.64 per share. The latest quarterly revenue figure available is Rs 1,412.8 crore for Jun 2026, which helps readers place the company within its operating scale. In Univest stock updates, this sort of profile is relevant because the business sits in a sector where price action, margins and return ratios can shift investor interest quickly. Hi-Tech Pipes Share Price News therefore needs both a sector lens and a balance-sheet lens to be read properly.

Track Hi-Tech Pipes Share Price on Univest

Use Hi-Tech Pipes Ltd. (HITECH) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.

Investors can track Hi-Tech Pipes Share Price on Univest for live updates, technical analysis, fundamental analysis, shareholding pattern, 52-week levels and sector context. Univest brings together Hi-Tech Pipes Share Price Today, stock performance and market insights in one place so readers can monitor the same data points that are shaping the current discussion.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.

Frequently Asked Questions

Why is Hi-Tech Pipes Share Price falling today?

Ans. Hi-Tech Pipes Share Price is lower by 1.10% at Rs 70.25, with the latest data showing a weak intraday tone. The numbers confirm the move, but they do not establish a company-specific catalyst for the decline.

What is the current Hi-Tech Pipes Share Price today?

Ans. Hi-Tech Pipes Share Price today is Rs 70.25. It is trading below the previous close of Rs 71.03 and sits close to its 52-week low area, which keeps the stock in focus.

Is Hi-Tech Pipes Share Price near a 52-week low?

Ans. Yes. Hi-Tech Pipes Share Price is trading near its 52-week low zone, which is why it is appearing in 52 Week Low Stocks searches. The move has drawn attention to price support and valuation.

How is Hi-Tech Pipes valued compared with the sector?

Ans. Hi-Tech Pipes Share Price reflects a P/E of 19.16 and P/B of 1.07. Its P/E is above the sector median of 16.66 but below the sector average of 31.43, offering useful context.

What do the profitability ratios mean for Hi-Tech Pipes?

Ans. Hi-Tech Pipes Fundamental Analysis shows ROE of 5.88% and ROCE of 9.85%. These numbers indicate moderate returns and sit below the benchmark median, so the stock is not standing out on profitability.

What is the market capitalisation of Hi-Tech Pipes?

Ans. Hi-Tech Pipes Share Price is associated with a market capitalisation of Rs 1,442.67 crore. That places the company in the mid-range of the peer group, even as price action remains under pressure.

Does Hi-Tech Pipes pay a dividend?

Ans. The current dividend yield is 0, so dividend support is not part of the Hi-Tech Pipes Share Price story right now. Investors are instead focusing on valuation, returns and sector positioning.

How does Hi-Tech Pipes compare with peers?

Ans. Hi-Tech Pipes Share Price sits below several peers on P/E and below many on ROE and ROCE. Its market cap is also smaller than some peers, which helps explain the comparative valuation debate.

Should investors track Hi-Tech Pipes Share Price on Univest?

Ans. Yes. Univest lets readers follow Hi-Tech Pipes Share Price, technical indicators, financial ratios, shareholding pattern and 52-week levels in one place, which is useful for ongoing stock analysis and market monitoring.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store
Stocks:
All|a|b|c|d|e|f|g|h|i|j|k|l|m|n|o|p|q|r|s|t|u|v|w|x|y|z

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down