Hitech Corporation Limited Share Price and Company Fundamentals

2.450 (1.098%)
52 week
181.55 - 338.0

Last traded: Today at 10:00 AM

Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, personal care, home care, food and beverages, health care, agrochemicals, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. The company was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.

Key Metrics

PE ratio


PB ratio


Dividend yield




Market cap


Enterprise value


Company profile

Industry / SectorPackaging & Containers / Consumer Cyclical
Mailing addressWelspun House, Unit No. 201-203 2nd Floor Kamala City, Senapati Bapat Marg Lower Parel (W) Mumbai 400013 India
Phone / Fax91 22 4001 6500 / 91 22 2495 5659


Dividend yield


Dividend amount


Payout ratio


Hitech Corporation Limited paid ₹1.00 dividend and the ex-dividend date was 07 July 2022.The dividend payout ratio is 4.59%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HITECHCORP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

HITECHCORP's forward dividend amount is ₹1 and the forward dividend yield is 0.45%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Hitech Corporation Limited.

NameTitleAgeTotal Pay
Ms. Avan R. ChainaChief Financial Officer59
VSR AnjaneyuluVP of Technology Centre
Ms. Namita R. TiwariCompany Sec. & Compliance Officer
Mr. Mehernosh Adi MehtaWhole Time Director542.84M
Mr. Malav Ashwin DaniMD & Director46
Mr. Ketan SardaHead of Commercial

Profitability and management effectiveness

Profit margin


Operating margin


Return on assets


Return on equity


Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Hitech Corporation Limited is and its enterprise value is .

The HITECHCORP's stocks Beta value is 1.28 making it 28% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Hitech Corporation Limited (NSE:HITECHCORP) Frequently Asked Questions

1. What is Hitech Corporation Limited's Stock Symbol?

Hitech Corporation Limited trades on NSE under the ticker symbol "HITECHCORP".

2. What is Hitech Corporation Limited's stock price today?

One share of HITECHCORP stock can currently be purchased for approximately ₹225.65.

3. How can I contact Hitech Corporation Limited?

Hitech Corporation Limited's mailing address is Welspun House, Unit No. 201-203 2nd Floor Kamala City, Senapati Bapat Marg Lower Parel (W) Mumbai 400013 India. The company can be reached via phone at 91 22 4001 6500.

4. What is Hitech Corporation Limited's official website?

The official website of Hitech Corporation Limited is https://www.hitechgroup.com/new/rigidplastic.html.