Hi-Tech Pipes Shares Surge 6 Percent As Company Achieves Highest Ever Sales Volume in Q1FY25 - India.com
HITECH Stock | 163.62 0.58 0.36% |
About 55% of Hi Tech's investor base is interested to short. The current sentiment regarding investing in Hi Tech Pipes Limited stock implies that many traders are impartial. The current market sentiment, together with Hi Tech's historical and current headlines, can help investors time the market. In addition, many technical investors use Hi Tech Pipes stock news signals to limit their universe of possible portfolio assets.
HITECH |
Hi-Tech Pipes Shares Surge 6 Percent As Company Achieves Highest Ever Sales Volume in Q1FY25 India.com
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Hi Tech Fundamental Analysis
We analyze Hi Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hi Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hi Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Hi Tech is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Hi Tech Pipes Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hi Tech stock to make a market-neutral strategy. Peer analysis of Hi Tech could also be used in its relative valuation, which is a method of valuing Hi Tech by comparing valuation metrics with similar companies.
Peers
Hi Tech Related Equities
INDIAGLYCO | India Glycols | 2.22 | ||||
JTLIND | JTL Industries | 1.21 | ||||
MAITHANALL | Maithan Alloys | 0.60 | ||||
GNFC | Gujarat Narmada | 0.30 | ||||
SAIL | Steel Authority | 0.50 | ||||
NMDC | NMDC | 0.68 | ||||
EMBASSY-RR | Embassy Office | 0.82 | ||||
GUJALKALI | Gujarat Alkalies | 0.91 |
Complementary Tools for HITECH Stock analysis
When running Hi Tech's price analysis, check to measure Hi Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hi Tech is operating at the current time. Most of Hi Tech's value examination focuses on studying past and present price action to predict the probability of Hi Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Tech's price. Additionally, you may evaluate how the addition of Hi Tech to your portfolios can decrease your overall portfolio volatility.
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