HITECH Stock Splits - Hi-Tech Pipes Ltd

Price: 96.48 INR 2.25%

Market Cap: 19.6B INR

The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.

Before the split, HITECH traded at 897.1 per share. Afterward, the share price was about 90.1126.

The adjusted shares began trading on Mar 17, 2023. This was HITECH's 4th stock split, following the previous one in Dec 1, 2010.

Mar 17, 2023

10-for-1

Dec 1, 2010

2-for-1

Mar 16, 2005

2-for-1

Oct 16, 2000

2-for-1

Pre-Split Price

897.1

Post-Split Price

90.1126

Adjust Price

Mar 17, 2023

10-for-1

Dec 1, 2010

2-for-1

Mar 16, 2005

2-for-1

Oct 16, 2000

2-for-1

Hi-Tech Pipes Ltd
Stock Splits History

Logarithmic

Mar 17, 2023

Split 10-for-1

x10

Pre-Split Price

89.6728

Post-Split Price

90.1126

Adjust Price

Dec 1, 2010

Split 2-for-1

Pre-Split Price

N/A

Post-Split Price

5.8199

Adjust Price

Mar 16, 2005

Split 2-for-1

Pre-Split Price

N/A

Post-Split Price

5.8199

Adjust Price

Oct 16, 2000

Split 2-for-1

Pre-Split Price

N/A

Post-Split Price

5.8199

Adjust Price

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Forward Splits

Reverse Splits

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Date	Company		Split	Pre-Split Price	Post-Split Price
Apr 7, 2025		BioNexus Gene Lab Corp NASDAQ:BGLC BGLC Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.235 2.35 USD	2.92 2.92 USD
Apr 7, 2025		Alligator Bioscience AB STO:ATORX ATORX Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-1000 /1000	0.0055 5.5 SEK	5.4 5.4 SEK
Apr 7, 2025		Treasure Global Inc NASDAQ:TGL TGL Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-50 /50	0.057 2.85 USD	2.8 2.8 USD
Apr 7, 2025	S	Safe & Green Development Corp NASDAQ:SGD SGD Valuation & Fundamental Analysis Stock Splits Performance Benchmark	105-for-100 x1.05	1.28 1.219 USD	1.14 1.14 USD
Apr 7, 2025	G	Ge-Shen Corporation Bhd KLSE:GESHEN GESHEN Valuation & Fundamental Analysis Stock Splits Performance Benchmark	959692-for-319897 x3.0000031260062	4.35 1.45 MYR	1.37 1.37 MYR

Hi-Tech Pipes Ltd
Glance View

Market Cap

19.6B INR

Industry

Metals & Mining

Hi-Tech Pipes Ltd. engages in the manufacture of steel tubes & pipes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-02-25. The firm's products are used in a range of industries such as infrastructure, telecom, defense, power distribution, railways, airport, real estate, automobile and agriculture among others. The company operates under the manufacturing of Steel Tubes & Pipes. he Company's products include black steel tubes, rectangular & hollow section, galvanized steel tubes, metal beam highway crash barrier, cold rolling coils, organic Gi pipes, Jalshakti Gi pipes, and others. The firm has its five manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra. The company has an installed capacity of 80000 million tons per annum.

View HITECH Analysis

HITECH Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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Hi-Tech Pipes Ltd
NSE:HITECH

HITECH's latest stock split occurred on Mar 17, 2023

Hi-Tech Pipes Ltd
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52 Week Range	94.36 205.61
Price Target

Hi-Tech Pipes Ltd NSE:HITECH

HITECH's latest stock split occurred on Mar 17, 2023

Hi-Tech Pipes Ltd Stock Splits History

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Hi-Tech Pipes Ltd
NSE:HITECH

Hi-Tech Pipes Ltd
Stock Splits History

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Hi-Tech Pipes Ltd
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