Hitech Corporation has suspended operations at Sarigam unit in the state of Gujarat with effect from January 15, 2020, which was being operated largely for part of the production process of another unit. This will reduce overhead cost without material impact on overall turnover, production and sales of the Company. This discontinuation is as part of strategy to rationalise the production facilities towards profitable products and optimise the cost.
Hitech Corporation is engaged in the manufacturing and marketing of innovative polymer products to various industries paints, personal care and cosmetic packaging, agro chemicals and lube, health and pharma products, confectionary and retail household products.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3665.40 |
| Astral | 1583.75 |
| Finolex Inds | 174.95 |
| Nilkamal | 1340.45 |
| Jain Irrigation Sys | 32.71 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: