Hitech (India) Analysis

Hitech Stock Analysis Notes

About 75.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hitech Limited recorded earning per share (EPS) of 9.21. The entity last dividend was issued on the 19th of July 2024. To learn more about Hitech Limited call the company at 91 22 4001 6500 or check out https://www.hitechgroup.com/new/rigidplastic.html.

Hitech Limited Investment Alerts

Hitech Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hitech's market, we take the total number of its shares issued and multiply it by Hitech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Hitech Profitablity

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

Hitech Limited has return on total asset (ROA) of 0.0735 % which means that it generated a profit of $0.0735 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0869 %, meaning that it generated $0.0869 on every $100 dollars invested by stockholders. Hitech's management efficiency ratios could be used to measure how well Hitech manages its routine affairs as well as how well it operates its assets and liabilities. At present, Hitech's Total Current Assets are projected to decrease significantly based on the last few years of reporting.

Technical Drivers

As of the 25th of November, Hitech retains the Downside Deviation of 2.76, market risk adjusted performance of 1.89, and Risk Adjusted Performance of 0.0303. Hitech technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hitech Limited Price Movement Analysis

Hitech Outstanding Bonds

Hitech Predictive Daily Indicators

Hitech Forecast Models

Hitech's time-series forecasting models are one of many Hitech's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hitech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hitech prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hitech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hitech. By using and applying Hitech Stock analysis, traders can create a robust methodology for identifying Hitech entry and exit points for their positions.

When running Hitech's price analysis, check to measure Hitech'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 Hitech is operating at the current time. Most of Hitech's value examination focuses on studying past and present price action to predict the probability of Hitech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech's price. Additionally, you may evaluate how the addition of Hitech to your portfolios can decrease your overall portfolio volatility.