HITECH.NS
Price:
$97.89
Market Cap:
$19.85B
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers ERW black steel pipes and tubes used in fencing, line pipes, scaffolding, water and gas conveyance, oil country tubular, hand pumps, collieries, thermal powers, telecom, automobiles, and agriculture sector; rectangular and hollow sections; galvanized and pre-galvanized steel pipes and tubes; metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, embankments, mines, collieries, high density fast moving traffic areas in cities, motor racing/test drove t...[Read more]
Industry
Steel
IPO Date
2016-02-25
Stock Exchange
NSE
Ticker
HITECH.NS
According to Hi-Tech Pipes Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.00 of the last 4 quarters.
The mean historical Current Ratio of Hi-Tech Pipes Limited over the last ten years is 1.43. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), HITECH.NS's Current Ratio was at its highest in in the March 2025 quarter at 2.38. The Current Ratio was at its lowest in in the September 2015 quarter at 0.
Average
1.43
Median
1.32
Minimum
1.19
Maximum
2.38
Discovering the peaks and valleys of Hi-Tech Pipes Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 55.20%
Maximum Annual Current Ratio = 2.38
Minimum Annual Increase = -5.13%
Minimum Annual Current Ratio = 1.19
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.38 | 55.20% |
| 2024 | 1.54 | 5.29% |
| 2023 | 1.46 | 2.19% |
| 2022 | 1.43 | 4.25% |
| 2021 | 1.37 | 11.29% |
| 2020 | 1.23 | 2.74% |
| 2019 | 1.20 | 0.58% |
| 2018 | 1.19 | -0.95% |
| 2017 | 1.20 | -5.13% |
| 2016 | 1.27 | 10.47% |
The current Current Ratio of Hi-Tech Pipes Limited (HITECH.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.79
5-year avg
1.64
10-year avg
1.43
Hi-Tech Pipes Limited’s Current Ratio is less than Rajratan Global Wire Limited (1.14), less than Venus Pipes and Tubes Limited (0), less than Venus Pipes and Tubes Limited (0), less than JTL Industries Limited (0), less than Steelcast Limited (5.85), less than JTL Industries Limited (0), less than Mukand Limited (0), less than Mukand Limited (0), less than Man Industries (India) Limited (0), less than Man Industries (India) Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.14 | $22.69B | |
| 0 | $25.55B | |
| 0 | $25.52B | |
| 0 | $24.60B | |
| 5.85 | $21.94B | |
| 0 | $24.56B | |
| 0 | $19.10B | |
| 0 | $19.20B | |
| 0 | $30.29B | |
| 0 | $30.29B |
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