Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, agrochemicals, food and beverages, pharmaceuticals, nutraceuticals, personal and home care, specialty chemicals and industrial applications. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.
Research context
Hitech Corporation Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
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5 years, 6 months ago
Hitech Corporation Limited is currently in a long term uptrend where the price is trading 72.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.5.
Hitech Corporation Limited's total revenue rose by 19.6% to $1B since the same quarter in the previous year.
Its net income has increased by 633.8% to $45M since the same quarter in the previous year.
Finally, its free cash flow grew by 16.8% to $301M since the same quarter in the previous year.
Based on the above factors, Hitech Corporation Limited gets an overall score of 5/5.