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HiTech Corp - Multibagger in Making - CMP 217- Targets 270 to 340 - Short Term

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Hitech Corporation (formerly known as Hitech Plast),and Hitech Group’s largest business, is a leading rigid plastic packaging manufacturer delivering the highest quality of innovative and sustainable products. 

 Their 13 state of the art manufacturing facilities are strategically located in close proximity to key client hubs to ensure timely delivery & on-going accessibility to over 1200 customers across the Paint & Coating FMCG, Agrochemical, Lubricant & Health Care industries. 
HPL creates exquisite plastic packaging designs & sought-after products including plastic jars & containers ranging from 5ml to 20 liters. The competencies of our Innovation (Research & Development) centre enable us to offer a 360-degree service model to our customers with end-to-end customized packaging solutions


  • Founded by Mr. Ashwin Dani, Non – Executive Vice Chairman, Asian Paints Ltd.
  • Diversified Indian conglomerate headquartered in Mumbai.
  • Over a 1000 employees, 
  • A leading rigid plastic packaging manufacturer
  • In each of our businesses, we are committed to innovation-led exponential growth having serviced over 2000 customers across 12 countries. 
  • We have operations across 15 locations in India 
  • Including 13 key manufacturing facilities, a DSIR approved in-house Design & Development (D&D) centre and an R&D laborator
Products and Clients







HITECH CORPORATION LTD - RETURNS

PERIODBSENSESENSEXNIFTY
1 WEEK10.81%11.60%0.26%-0.14%
1 MONTH8.86%9.57%2.55%2.01%
3 MONTH38.26%38.84%6.16%5.38%
6 MONTH37.99%40.32%19.58%19.90%
1 YEAR40.77%41.00%15.32%15.77%
3 YEAR272.93%274.35%24.40%27.78%

HITECH CORPORATION LTD - SHAREHOLDING PATTERN

6.5%19%0.01%0.04%74.43%
CATEGORYSHARE (%)
 PROMOTERS74.43
 BANKS/FIS0.04
 FIIS0.00
 INSURANCE0.00
 MUTUAL FUNDS0.01
 INDIAN PUBLIC19.00
 CUSTODIANS0.00
 OTHER6.50





HITECH CORPORATION LTD - FINANCIAL RESULTS

PARTICULARS ( CR)MAR 2017MAR 2016% CHG
NET SALES94.9183.0414.29
OTHER INCOME0.250.1931.58
TOTAL INCOME95.1783.2314.35
TOTAL EXPENSES87.6775.1916.6
OPERATING PROFIT7.58.04-6.72
NET PROFIT2.641.12135.71
EQUITY CAPITAL17.1817.18-













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