Hitech (India) Today
| HITECHCORP | 233.80 3.55 1.54% |
Performance2 of 100
| Odds Of DistressLess than 9
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Hitech is trading at 233.80 as of the 24th of November 2024, a 1.54 percent increase since the beginning of the trading day. The stock's open price was 230.25. Hitech has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Hitech Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Materials | Category Consumer Cyclical |
Hitech is entity of India. It is traded as Stock on NSE exchange. The company has 17.18 M outstanding shares. More on Hitech Limited
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Hitech Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hitech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hitech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Paper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors) | ||||
Hitech's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hitech's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsHitech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hitech's financial leverage. It provides some insight into what part of Hitech's total assets is financed by creditors.
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Hitech Limited (HITECHCORP) is traded on National Stock Exchange of India in India and employs 655 people. Hitech is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. 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 Limited operates under Containers & Packaging sector and is part of Materials industry. The entity has 17.18 M outstanding shares.
Hitech generates positive cash flow from operations, but has no cash available
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Ownership AllocationHitech Limited has a total of 17.18 Million outstanding shares. Hitech retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.25 (percent) of Hitech outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Hitech Limited Risk Profiles
Although Hitech's alpha and beta are two of the key measurements used to evaluate Hitech's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.51 | |||
| Semi Deviation | 2.59 | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.92 |
Hitech Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Hitech without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Hitech Corporate Management
Elected by the shareholders, the Hitech's board of directors comprises two types of representatives: Hitech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hitech. The board's role is to monitor Hitech's management team and ensure that shareholders' interests are well served. Hitech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hitech's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Avan Chaina | Chief Officer | Profile | |
| Rabindra Sahoo | Plant Region | Profile | |
| Amit Panchal | Head Plant | Profile | |
| VS Anjaneyulu | Vice Centre | Profile | |
| VSR Anjaneyulu | Vice Centre | Profile | |
| Namita Tiwari | Company Officer | Profile |
Other Information on Investing in Hitech Stock
Hitech financial ratios help investors to determine whether Hitech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hitech with respect to the benefits of owning Hitech security.