Hi-Tech Pipes Limited

NSE HITECH.NS

Hi-Tech Pipes Limited Price to Sales Ratio (P/S) on February 07, 2025: 0.95

Hi-Tech Pipes Limited Price to Sales Ratio (P/S) is 0.95 on February 07, 2025, a -21.76% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Hi-Tech Pipes Limited 52-week high Price to Sales Ratio (P/S) is 1.48 on September 20, 2024, which is 56.87% above the current Price to Sales Ratio (P/S).
  • Hi-Tech Pipes Limited 52-week low Price to Sales Ratio (P/S) is 0.82 on June 04, 2024, which is -13.04% below the current Price to Sales Ratio (P/S).
  • Hi-Tech Pipes Limited average Price to Sales Ratio (P/S) for the last 52 weeks is 1.14.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
Market news
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SV Wall Street
NSE: HITECH.NS

Hi-Tech Pipes Limited

CEO Mr. Ajay Kumar Bansal
IPO Date Feb. 25, 2016
Location India
Headquarters 505, Pearls Omaxe Tower
Employees 525
Sector Materials
Industries
Description

Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers ERW black steel pipes and tubes used in fencing, line pipes, scaffolding, water and gas conveyance, oil country tubular, hand pumps, collieries, thermal powers, telecom, automobiles, and agriculture sector; rectangular and hollow sections; galvanized and pre-galvanized steel pipes and tubes; metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, embankments, mines, collieries, high density fast moving traffic areas in cities, motor racing/test drove tracks, village areas along highways, crash test sites, factory areas, traffic safety in airports, plants handling hazardous chemicals, and multi-story parking lots. The company also provides cold rolled sheets and strips used in precision tubes, containers, bicycles, furniture, color coating, galvanizing and tinning, and automobile industry to produce car body panels; and cold formed sections, as well as solar mounting structures and various other galvanized products. It operates through a network of approximately 200 distributors and 300 dealers. Hi-Tech Pipes Limited also exports its products. The company was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.

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StockViz Staff

February 8, 2025

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