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Hi-Tech Pipes rises on commencing commercial production at U.P. Greenfield facility

Hi-Tech Pipes Ltd. | Steel & Iron Products | Metals & Mining | BSE: 543411 | NSE: HITECH

09 Feb 2026 Evaluate

Hi-Tech Pipes is currently trading at Rs. 82.00, up by 1.21 points or 1.50% from its previous closing of Rs. 80.79 on the BSE.

The scrip opened at Rs. 80.02 and has touched a high and low of Rs. 82.00 and Rs. 79.11 respectively. So far 15298 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 132.70 on 07-Feb-2025 and a 52 week low of Rs. 70.90 on 02-Feb-2026.

Last one week high and low of the scrip stood at Rs. 84.80 and Rs. 70.90 respectively. The current market cap of the company is Rs. 1647.00 crore.

The promoters holding in the company stood at 43.64%, while Institutions and Non-Institutions held 17.27% and 39.09% respectively.

Hi-Tech Pipes has commenced commercial production at its Sikandrabad, Unit-III (Uttar Pradesh) Greenfield manufacturing facility. The commissioning of the Sikandrabad facility marks a significant milestone in the Company's growth journey, strengthening its manufacturing footprint in North and Central India. Strategically located, the facility enhances proximity to key consumption centers, improves supply chain efficiency, reduces logistics costs, and enables faster response to customer requirements across infrastructure, construction, water distribution, fabrication, and industrial segments.

With the commencement of commercial production at Sikandrabad, and supported by recently commissioned capacities at other locations, Hi-Tech Pipes has effectively achieved a landmark milestone of 1 million tons of installed annual capacity. This achievement reflects the Company's consistent execution, disciplined capital allocation, and long-term strategic planning.

The Sikandrabad facility adds 1,20,000 mtpa of capacity, focused on ERW pipes and hollow sections, and plays a pivotal role in enhancing regional balance, operational flexibility, and service levels. The plant is equipped with modern manufacturing technology and process efficiencies, enabling superior quality, scalability, and reliability.

Hi-Tech Pipes - an ISO 9001 certified company, is one of India's leading engineering house of excellence and innovation producing steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips and a variety of other galvanized products.

Hi-Tech Pipes Share Price

86.50 -1.43 (-1.63%)

20-Apr-2026 09:41 View Price Chart

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Hi-Tech Pipes rises on commencing commercial production at U.P. Greenfield facility

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