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The Hi-Tech Gears Limited
Share Price Target & Analysis

NSE:HITECHGEAR

1155.42

VWAP

1139.00

Open

1130.65

Close

1186.00

High

1110.00

Low

1280.45

52 Week High

1157.70 ⇩
-0.45 (-0.04%)

HITECHGEAR

(AUTOMOBILE)
88.1% Momentum

Trending & Favourite

251.95

52 Week Low

24.41

EPS

48.00

PE

5.47

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: HITECHGEAR Share Price Financial Analysis & Valuation

The Hi-Tech Gears Limited (HITECHGEAR) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical. It is one of Micro Cap company with Market Capitalization of Rs 467.7 (in Cr). Total number of free float shares are 1.9 (in Lacs). The Hi-Tech Gears Limited is listed on NSE with Exchange ID - INE127B01011 and trading code is NSE:HITECHGEAR with short name The Hi-Tech Gea.

In the past 1 year, The Hi-Tech Gears Limited has declared an equity dividend of Rs 1.5 per share. At the current share price of HITECHGEAR at Rs 1157.70, this results in a dividend yield of 0.13 %.

As per the Fundamental Analysis of NSE:HITECHGEAR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HITECHGEAR underlying value and future prospects. All of this data is available in HITECHGEAR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HITECHGEAR, it is clearly understood that HITECHGEAR is Economical performer in terms of earnings and profit margins with an EPS of 24.41. NSE:HITECHGEAR book value per share as of today is 211.75. The current price to book ratio for HITECHGEAR as of May 18, 2024 is 5.47.

Valuation of the Stock: The current valuation of HITECHGEAR stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HITECHGEAR whether to BUY this stock at current valuation. The delivery percentage of HITECHGEAR is 46.37% is very crucial parameter which shows that 46.37% investors are anticipating that the price of HITECHGEAR share should go up with VWAP at 1155.42.

Now, the main question is whether to BUY or SELL, NSE:HITECHGEAR at current valuation.
As per latest Analysis No. #480:-

⇑ STRONG BUY HITECHGEAR if All Greens

⇗ BUY HITECHGEAR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HITECHGEAR (With Stop Loss) if only 1 Green

⇘ SELL HITECHGEAR if NO Green Indicator

NSE: HITECHGEAR Share Price Today (May 18, 2024)

(The Hi-Tech Gears Limited Daily Analysis on the basis of HITECHGEAR Intraday Graph & Trend)

The Hi-Tech Gears Limited share price moved Down by -0.04% from its previous close of Rs 1130.65. HITECHGEAR stock last traded price is 1157.70. HITECHGEAR share price trend is Down with a total of 7354 stocks traded till now. It has touched an intraday high of Rs 1186.00 and an intraday low of Rs 1110.00. The HITECHGEAR trading at 1157.70, Down by Rs. -0.45, or -0.04 percent which suggests that most of the Traders are anticipating that the price of HITECHGEAR share should go Down.

NSE: HITECHGEAR Share Price Tomorrow Prediction

(The Hi-Tech Gears Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HITECHGEAR)

The Hi-Tech Gears Limited share price moved Down by -0.04%. HITECHGEAR share price short term trend is Down. It suggests that HITECHGEAR Share Price for Tomorrow remains the same with VWAP at 1155.42 will be treated as stop loss for intraday traders. The Hi-Tech Gears Limited Long term investors can follow the HITECHGEAR long term trend as mentiond in future forecast table.

NSE Code

NSE: HITECHGEAR

HITECHGEAR Share Price Today

 1157.70

HITECHGEAR Share Price Target Prediction for 2024 ^

 739.7 - 1286.8

HITECHGEAR Share Price Target Prediction for 2025*^

 1286.8 - 1370.8

HITECHGEAR Share Price Target Prediction for 2026*^

 1370.8 - 1466.8

HITECHGEAR Share Price Target Prediction for 2027*^

 1540

HITECHGEAR Share Price Target Prediction for 2028*^

 1584

HITECHGEAR Share Price Target Prediction for 2030*^

 1727
HITECHGEAR Current Book Value 2023
210.7

*The Hi-Tech Gears Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^HITECHGEAR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HITECHGEAR Technical Analysis

Candlestick Pattern: @1081.9

HITECHGEAR Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1009.94 BUY 1036.14 BUY
MA_12 1054.12 BUY 1036.69 BUY
MA_20 1076.57 BUY 1016.8 BUY
MA_32 973.99 BUY 949.19 BUY
MA_50 828.47 BUY 875.36 BUY
MA_100 671.89 BUY 751.35 BUY
MA_200 528.54 BUY 584.99 BUY

HITECHGEAR Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1076.57 Uptrend
MACD -23.04 SELL
ADX 29.81 Strong Trend
DMI (+/-) 28 / 20.41 Uptrend

HITECHGEAR Momentum Oscillators

BUY (3) NEUTRAL (6) SELL (3)
Momentum Oscillators Value Action
RSI 60.31 Neutral
STOCHASTIC_K (Fast) 97.45 Overbought
STOCHASTIC_D (Slow) 66.16 Neutral
CCI 17.14 Neutral
PSAR 1149.83 SELL
TRUE RANGE 51.65 SELL
ATR 65.77 SELL
WILLIAMS R -45.3 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 72.68 Neutral
MOMENTUM 205.3 BUY

HITECHGEAR Last 1 Year Trend

Duration Value
1 Year 321.05%
3 Months 138.51%
1 Month 23.42%
1 Week 6.29%

HITECHGEAR Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 20%
SELL 13%

Most popular Questions & Answers about HITECHGEAR


The Hi-Tech Gears Limited stock last traded price is 1157.70. HITECHGEAR share price moved Down by -0.04% from its previous close of Rs 1130.65.

The Hi-Tech Gears Limited share price trend is Down with a total of 7354 stocks traded till now. It has touched an intraday high of Rs 1293.2545 and an intraday low of Rs 1110.00. The HITECHGEAR trading at 1157.70, Down by Rs. -0.45, or -0.04 percent which suggests that most of the Traders are anticipating that the price of HITECHGEAR share should go Down and the Stop Loss will be around 1155.42.

The market cap of The Hi-Tech Gears Limited is ₹467.7 (in Cr) as of May 17, 2024.

The current price to earning ratio for The Hi-Tech Gears Limited as of May 17, 2024 is 48.00.

The current price to book ratio for The Hi-Tech Gears Limited as of May 17, 2024 is 5.47.

The highest price of The Hi-Tech Gears Limited stock is ₹1280.45 in the last 52-week.

The lowest price of The Hi-Tech Gears Limited stock is ₹251.95 in the last 52-week.

The Hi-Tech Gears Limited share trading at ₹1157.70, Down by Rs. -0.45, or -0.04 percent which suggests that most of the traders are anticipating that the price of HITECHGEAR share should go Down.

In 2023, Stock price target for The Hi-Tech Gears Limited (HITECHGEAR) are ₹739.7 on downside and ₹1286.8 on upside. The Hi-Tech Gears Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for The Hi-Tech Gears Limited (HITECHGEAR) are ₹1286.8 on downside and ₹1370.8 on upside. The Hi-Tech Gears Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for The Hi-Tech Gears Limited (HITECHGEAR) are ₹1370.8 on downside and ₹1466.8 on upside. The Hi-Tech Gears Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for The Hi-Tech Gears Limited (HITECHGEAR) will be around ₹1584 The Hi-Tech Gears Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HITECHGEAR.

As per the fundamental analysis of The Hi-Tech Gears Limited (HITECHGEAR), it is of Economical quality in terms of earnings and profit margins with an EPS of 24.41. The Hi-Tech Gears Limited book value per share as of today is 211.75. The current price to book ratio for HITECHGEAR as of May 18, 2024 is 5.47.


NSE:HITECHGEAR News & Other Useful Information about HITECHGEAR Share Price


Peer Comparison of NSE: HITECHGEAR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries

Company Price EPS BV
MSUMI 69.30 1.32 4.45
TATAMTRDVR 638.50 155.4 67.3
BOSCHLTD 31027.75 788.31 3733.75
TIINDIA 3786.65 37.98 170.24
SHIGAN 110.00 0 30.04
EXIDEIND 476.20 12.39 154.56
AMARAJABAT 1158.40 44.23 289.53
SUNCLAYLTD 10531.00 167.42 518.62
JBMA 1833.05 5.14 88.36
SUPRAJIT 414.85 14.84 79.43
Updated at: 17 May 2024 15:45

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