Hi-Tech Pipes gains on reporting 26% growth in Q1FY27 sales volume
Hi-Tech Pipes is currently trading at Rs. 87.60, up by 1.59 points or 1.85% from its previous closing of Rs. 86.01 on the BSE.
The scrip opened at Rs. 86.21 and has touched a high and low of Rs. 88.50 and Rs. 86.01 respectively. So far 75594 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 127.46 on 22-Sep-2025 and a 52 week low of Rs. 70.15 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 91.19 and Rs. 85.50 respectively. The current market cap of the company is Rs. 1760.33 crore.
The promoters holding in the company stood at 43.76%, while Institutions and Non-Institutions held 17.08% and 39.16% respectively.
Hi-Tech Pipes has reported a sales volume of 1,56,136 MT in Q1FY27, registering a 26% year-on-year (YoY) growth compared to 1,24,027 MT in Q1FY26. On a quarter-on-quarter (QoQ) basis, sales volume increased by 6% from 1,47,127 MT in Q4FY26. The growth in volumes was driven by continued demand from infrastructure, construction, and engineering segments, supported by the Company's diversified product portfolio, expanded capacities, and strong customer relationships.
