Archive · 27 May 2025
Hi-Tech Pipes Shares Surge Following Q4 Profit Growth
Hi-Tech Pipes, a steel pipe maker, saw its stock price go up significantly.
The company's profit increased by 59% in the last quarter and 66% for the entire financial year.
This growth is due to higher sales and income.
The company's Chairman and Managing Director highlighted this as a defining year.
The company operates multiple manufacturing facilities across several states in India and has a large production capacity.
Hi-Tech Pipes shares surged nearly 6% on Tuesday, May 27, 2025.
The stock opened in green at Rs 95.89 on the BSE.
The company's consolidated net profit rose 59% in Q4 FY25.
For FY25, net profit rose 66% to Rs 72.95 crore.
Total income increased to Rs 733.75 crore in Q4 FY25.
- Who
- Shares of Hi-Tech Pipes
- What
- Hi-Tech Pipes stock surged nearly 6%
- When
- May 27, 2025
- Where
- BSE and NSE
- Why
- Due to a 59% rise in consolidated net profit in Q4 FY25 and overall growth.
- Stock Opening Price (BSE)
- Rs 95.89
- Stock High (BSE)
- Rs 100.30
- Stock Opening Price (NSE)
- Rs 95.70
- Stock High (NSE)
- Rs 100.40
- Market Cap
- Rs 1,998.38 crore
- Q4 FY25 Net Profit
- Rs 18 crore (approx.)
- FY25 Net Profit
- Rs 72.95 crore