The Hi-Tech Gears consolidated net profit rises 480.16 percent in the December 2023 quarter - Business Standard

HITECHGEAR   825.35  12.10  1.49%   
Roughly 51% of Hi Tech's stockholders are presently thinking to get in. The analysis of overall sentiment of trading The Hi Tech Gears stock suggests that some investors are interested at this time. 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 stock news signals to limit their universe of possible portfolio assets.
Hi Tech stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of HITECHGEAR daily returns and investor perception about the current price of The Hi Tech Gears as well as its diversification or hedging effects on your existing portfolios.
  
The Hi-Tech Gears consolidated net profit rises 480.16 percent in the December 2023 quarter Business Standard

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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.

Net Income

Net Income Comparative Analysis

Hi Tech is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Hi Tech 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

MANGCHEFERMangalore Chemicals   7.19   
0%
92.0%
KINGFAKingfa Science   4.55   
0%
58.0%
GATECHDVRGACM Technologies   4.40   
0%
56.0%
INDOBORAXIndo Borax   0.79   
0%
10.0%
BAJAJHLDNGBajaj Holdings   0.75   
0%
9.0%
KNRCONKNR Constructions   0.43   
0%
5.0%
SCIShipping   0.14   
1.0%
0%
BFINVESTBF Investment   0.37   
4.0%
0%
ALKALIAlkali Metals   2.53   
32.0%
0%
KREBSBIOKrebs Biochemicals   7.78   
100.0%
0%

Complementary Tools for HITECHGEAR 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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