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The Hi-Tech Gears Limited
Share Price Target & Analysis

NSE:HITECHGEAR

764.46

VWAP

766.8

Open

754.65

Close

785

High

739.9

Low

1280.45

52 Week High

781.55 ⇧
26.90 (3.56%)

HITECHGEAR

(AUTOMOBILE)
43.4% Momentum

Turnaround Potential

398.6

52 Week Low

29.52

EPS

38.06

PE

3.31

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 781.55, this results in a dividend yield of 0.19 %.

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 29.52. NSE:HITECHGEAR book value per share as of today is 235.95. The current price to book ratio for HITECHGEAR as of Nov 23, 2024 is 3.31.

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 61.85% is very crucial parameter which shows that 61.85% investors are anticipating that the price of HITECHGEAR share should go up with VWAP at 764.46.

Now, the main question is whether to BUY or SELL, NSE:HITECHGEAR at current valuation.
As per latest Analysis No. #653:-

⇑ 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 (Nov 23, 2024)

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

The Hi-Tech Gears Limited share price moved Up by 3.56% from its previous close of Rs 754.65. HITECHGEAR stock last traded price is 781.55. HITECHGEAR share price trend is Up with a total of 3144 stocks traded till now. It has touched an intraday high of Rs 785 and an intraday low of Rs 739.9. The HITECHGEAR trading at 781.55, Up by Rs. 26.90, or 3.56 percent which suggests that most of the Traders are anticipating that the price of HITECHGEAR share should go Up.

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 Up by 3.56%. HITECHGEAR share price short term trend is Up. It suggests that HITECHGEAR Share Price for Tomorrow remains the same with VWAP at 764.46 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

 781.55

HITECHGEAR Share Price Target Prediction for 2024 ^

 417.9 - 893.7

HITECHGEAR Share Price Target Prediction for 2025*^

 893.7 - 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
234.8

*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: @775.65

HITECHGEAR Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 825.06 SELL 809.01 SELL
MA_12 815.64 SELL 816.53 SELL
MA_20 800.77 SELL 818.36 SELL
MA_32 824.57 SELL 830.05 SELL
MA_50 841.92 SELL 845.95 SELL
MA_100 894.06 SELL 866.51 SELL
MA_200 851.18 SELL 813.17 SELL

HITECHGEAR Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 800.77 Downtrend
MACD 2.26 BUY
ADX 24 NO or Weak Trend
DMI (+/-) 19.08 / 23.85 Downtrend

HITECHGEAR Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 41.2 Neutral
STOCHASTIC_K (Fast) -1.58 Oversold
STOCHASTIC_D (Slow) 9.07 Oversold
CCI -30.45 Neutral
PSAR 910.24 SELL
TRUE RANGE 46 Neutral
ATR 46.1 Neutral
WILLIAMS R -67.64 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -32.7 SELL

HITECHGEAR Last 1 Year Trend

Duration Value
1 Year 90.6%
3 Months -17.79%
1 Month -4.05%
1 Week -13.35%

HITECHGEAR Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about HITECHGEAR


The Hi-Tech Gears Limited stock last traded price is 781.55. HITECHGEAR share price moved Up by 3.56% from its previous close of Rs 754.65.

The Hi-Tech Gears Limited share price trend is Up with a total of 3144 stocks traded till now. It has touched an intraday high of Rs 1293.2545 and an intraday low of Rs 739.9. The HITECHGEAR trading at 781.55, Up by Rs. 26.90, or 3.56 percent which suggests that most of the Traders are anticipating that the price of HITECHGEAR share should go Up and the Stop Loss will be around 764.46.

The market cap of The Hi-Tech Gears Limited is ₹467.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for The Hi-Tech Gears Limited as of Nov 22, 2024 is 38.06.

The current price to book ratio for The Hi-Tech Gears Limited as of Nov 22, 2024 is 3.31.

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 ₹398.6 in the last 52-week.

The Hi-Tech Gears Limited share trading at ₹781.55, Up by Rs. 26.90, or 3.56 percent which suggests that most of the traders are anticipating that the price of HITECHGEAR share should go Up.

In 2023, Stock price target for The Hi-Tech Gears Limited (HITECHGEAR) are ₹417.9 on downside and ₹893.7 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 ₹893.7 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.

The price of The Hi-Tech Gears Limited (HITECHGEAR) shares moved by 3.56%. The short-term trend for HITECHGEAR share price is Up. It implies that the share price of HITECHGEAR will stay the same tomorrow and that intraday traders should treat VWAP at 764.46 as a stop loss. Investors with a long-term outlook can track HITECHGEAR long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of HITECHGEAR stock is 353.9. Compared to the current market price of 781.55 INR, the HITECHGEAR stock is Overvalued by 54.7%.

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 29.52. The Hi-Tech Gears Limited book value per share as of today is 235.95. The current price to book ratio for HITECHGEAR as of Nov 23, 2024 is 3.31.


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 61.84 1.49 3.79
TATAMTRDVR 768.65 199.73 0
BOSCHLTD 34350.00 706.59 4090.1
TIINDIA 3474.40 37.62 205.28
SHIGAN 118.00 0 36.61
EXIDEIND 424.05 12.96 154.56
AMARAJABAT 1417.65 44.23 369.82
SUNCLAYLTD 11622.05 125.07 716.47
JBMA 1418.65 8.05 88.36
SUPRAJIT 450.40 19.04 94.07
Updated at: 22 Nov 2024 15:48

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