Hi-Tech Pipes Share Price Surges Over 6% Despite Market Weakness

Hi-Tech Pipes's share price witnessed a sharp jump of 6% intraday, even as the broader Indian stock market faced a downturn. Here's a breakdown of what fueled this upward momentum and how the company's recent financials support this rally.

Market Performance

On Tuesday, Hi-Tech Pipes share price opened at ₹95.70 on the National Stock Exchange (NSE), reflecting a gain of over 1% compared to the previous close of ₹94.68.

Despite a 1% decline in the Nifty index, Hi-Tech Pipes's share price surged to an intraday high of ₹110.40 — marking an impressive 6% jump from its opening level. This sharp move came amid a weak trading sentiment across the broader market.

Main News

The rally in Hi-Tech Pipes share price came following the announcement of the company's Q4 FY25 and FY25 financial results. The performance indicators revealed solid growth in both sales and profitability.

The increase in revenue and volumes reflects a strong demand push from sectors like infrastructure and construction, which are key markets for the company.

Company Financial Highlights

Here's a glance at Hi-Tech Pipes' financial performance for the January–March 2025 quarter (Q4 FY25):

Revenue

• Revenue for Q4 FY25 stood at ₹734 Crore, up 7.74% from ₹681 Crore in Q4 FY24.

Sales Volume

• Sales volume rose 8% YoY, reaching 1,16,032 metric tonnes, up from 1,07,721 MT last year.

EBITDA

• EBITDA was reported at ₹34.93 Crore, primarily in line with the ₹35.34 Crore reported in Q4 FY24.

Net Profits

• Net profit jumped 59%, rising to ₹17.63 Crore from ₹11.12 Crore in Q4 FY24.

The company credited its growth to cost optimization efforts and a greater focus on value-added products.

Summary

The upward momentum in Hi-Tech Pipes share price underscores the market's positive reaction to its quarterly financial performance. Despite adverse conditions in the broader stock market, the stock stood out with robust gains driven by a rise in revenue, sales volumes, and profitability.

With the share price now trading well above ₹100—recently touching an intraday high—Hi-Tech Pipes remains a closely watched small-cap stock in the infrastructure-linked manufacturing space.