The Hi-Tech Gears Limited Share Price and Company Fundamentals



Price
₹194.9
Change
3.800 (1.988%)
52 week
155.1 - 365.95

Last traded: Today at 4:08 AM

The Hi-Tech Gears Limited manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally. It offers transmission and engine components, driveline components, steering linkage, power take off components, and engineering design services for two wheelers, light vehicles, commercial vehicles, and off highway vehicles, as well as engine gears. The company also develops products and services in the field of robotics, artificial intelligence, automotive embedded systems, and computer vision and biometrics. The Hi-Tech Gears Limited was incorporated in 1986 and is based in Gurugram, India.

Key Metrics

PE ratio

11.70

PB ratio

1.04

Dividend yield

0.78%

Beta

1.42

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Websitehttps://www.thehitechgears.com
Mailing addressUnitech’s Millennium Plaza 14th Floor, Tower-B Sushant Lok-I Sector – 27 Gurugram 122009 India
Phone / Fax91 24 471 5100 / 91 24 280 6085

Dividends

Dividend yield

0.78%

Dividend amount

₹1.50

Payout ratio

The Hi-Tech Gears Limited paid ₹1.50 dividend and the ex-dividend date was 21 Sept 2021.The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.

HITECHGEAR's forward dividend amount is ₹2 and the forward dividend yield is 1.13%. 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 The Hi-Tech Gears Limited.

NameTitleAgeTotal Pay
Mr. Deep Kapuria B.E., BEExec. Chairman7215.5M
Mr. Pranav KapuriaMD, CEO & Exec. Director4610.3M
Mr. Anuj KapuriaWhole Time Director4310.3M
Mr. Vijay MathurChief Financial Officer
Mr. Naveen JainCompany Sec.

Profitability and management effectiveness

Profit margin

-0.11%

Operating margin

3.04%

Return on assets

1.92%

Return on equity

-0.34%

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 The Hi-Tech Gears Limited is and its enterprise value is .

The HITECHGEAR's stocks Beta value is 1.42 making it 42% 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.

The Hi-Tech Gears Limited (NSE:HITECHGEAR) Frequently Asked Questions

1. What is The Hi-Tech Gears Limited's Stock Symbol?

The Hi-Tech Gears Limited trades on NSE under the ticker symbol "HITECHGEAR".

2. What is The Hi-Tech Gears Limited's stock price today?

One share of HITECHGEAR stock can currently be purchased for approximately ₹194.9.

3. How can I contact The Hi-Tech Gears Limited?

The Hi-Tech Gears Limited's mailing address is Unitech’s Millennium Plaza 14th Floor, Tower-B Sushant Lok-I Sector – 27 Gurugram 122009 India. The company can be reached via phone at 91 24 471 5100.

4. What is The Hi-Tech Gears Limited's official website?

The official website of The Hi-Tech Gears Limited is https://www.thehitechgears.com.