HITECHCORP.BO
Price:
$177.8
Market Cap:
$3.04B
Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, agrochemicals, personal care, home care, food and beverages, health care, 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.
Industry
Packaging & Containers
IPO Date
2005-05-24
Stock Exchange
BSE
Ticker
HITECHCORP.BO
According to Hitech Corporation Limited’s latest financial reports and current stock price. The company's current ROE is 3.64%. This represents a change of 300.29% compared to the average of 0.91% of the last 4 quarters.
The mean historical ROE of Hitech Corporation Limited over the last ten years is 8.16%. The current 3.64% ROE has changed -55.42% with respect to the historical average. Over the past ten years (40 quarters), HITECHCORP.BO's ROE was at its highest in in the December 2018 quarter at 7.57%. The ROE was at its lowest in in the June 2020 quarter at -3.84%.
Average
8.16%
Median
8.42%
Minimum
1.43%
Maximum
17.24%
Discovering the peaks and valleys of Hitech Corporation Limited ROE, 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 = 552.70%
Maximum Annual ROE = 17.24%
Minimum Annual Increase = -85.69%
Minimum Annual ROE = 1.43%
| Year | ROE | Change |
|---|---|---|
| 2025 | 3.30% | -60.48% |
| 2024 | 8.35% | -28.29% |
| 2023 | 11.65% | -32.43% |
| 2022 | 17.24% | 85.06% |
| 2021 | 9.31% | 552.70% |
| 2020 | 1.43% | -85.69% |
| 2019 | 9.98% | 92.73% |
| 2018 | 5.18% | -22.07% |
| 2017 | 6.64% | -21.68% |
| 2016 | 8.48% | 83.02% |
The current ROE of Hitech Corporation Limited (HITECHCORP.BO) 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
7.77%
5-year avg
9.97%
10-year avg
8.16%
Hitech Corporation Limited’s ROE is less than Kalyani Cast-Tech Limited (23.17%), less than Vardhman Acrylics Limited (4.33%), less than Bhatia Communications & Retail (India) Limited (16.10%), less than Apollo Sindoori Hotels Limited (7.14%), less than RDB Rasayans Limited (13.43%), less than P G Foils Limited (6.53%), less than Saraswati Saree Depot Ltd. (17.02%), less than Uday Jewellery Industries Limited (16.97%), less than Shankara Building Products Limited (11.10%), less than Shankara Building Products Limited (11.10%),
| Company | ROE | Market cap |
|---|---|---|
| 23.17% | $3.40B | |
| 4.33% | $3.01B | |
| 16.10% | $3.40B | |
| 7.14% | $3.27B | |
| 13.43% | $2.83B | |
| 6.53% | $2.10B | |
| 17.02% | $3.19B | |
| 16.97% | $3.24B | |
| 11.10% | $2.82B | |
| 11.10% | $2.84B |
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