09 Feb 2026

Hi-Tech Pipes Gains 1.50% as Company Achieves 1 Million TPA Capacity Milestone

Hi-Tech Pipes is currently trading at RS 82.00, registering a gain of 1.21 points or 1.50% compared to its previous closing of RS 80.79 on the BSE.

The stock opened at RS 80.02 and touched an intraday high of RS 82.00 and a low of RS 79.11. A total of 15,298 shares have been traded on the counter so far.

The BSE Group ‘B’ stock, with a face value of RS 1, recorded a 52-week high of RS 132.70 on February 07, 2025, and a 52-week low of RS 70.90 on February 02, 2026. Over the past week, the stock has witnessed a high of RS 84.80 and a low of RS 70.90. The company’s current market capitalization stands at RS 1,647.00 crore.

In terms of shareholding, promoters hold 43.64% stake in the company, while Institutions and Non-Institutions account for 17.27% and 39.09%, respectively.

On the operational front, Hi-Tech Pipes has commenced commercial production at its Greenfield manufacturing facility in Sikandrabad, Unit-III (Uttar Pradesh). The launch of this facility marks a significant milestone in the company’s expansion strategy, strengthening its manufacturing presence across North and Central India. The strategic location of the plant enhances access to major consumption hubs, improves supply chain efficiency, reduces logistics costs, and ensures quicker response times to customer demands across infrastructure, construction, water distribution, fabrication, and industrial segments.

With the commencement of operations at the Sikandrabad plant, along with recently commissioned capacities at other locations, Hi-Tech Pipes has achieved a landmark installed annual capacity of 1 million tons. This milestone reflects the company’s consistent execution strategy, disciplined capital allocation, and long-term growth planning.

The Sikandrabad facility adds 1,20,000 metric tonnes per annum (MTPA) capacity, primarily focused on ERW pipes and hollow sections. The plant is equipped with modern manufacturing technologies and efficient processes, ensuring superior product quality, scalability, and operational reliability.

Hi-Tech Pipes, an ISO 9001 certified company, is one of India’s leading engineering firms engaged in the manufacturing of steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures, strips, and a wide range of galvanized products.