With a market valuation of ₹1,108.26 Cr, Hi Tech Pipes Ltd. is a small-cap company that engages in the metal industry. In the Indian piping sector, Hi-Tech Pipes Limited (HTPL) is a well-known brand name. Hi-Tech Pipes, one of India’s top suppliers and manufacturers of ERW pipes, is headquartered in New Delhi. For a variety of industries, including infrastructure, telecom, defence, power distribution, railways, airports, real estate, automobiles, and agriculture, the firm manufactures a broad variety of steel tubes and pipes. The firm has announced its Q3FY23 results, which show the highest-ever rise in sales volume and net profit. The company has also announced a 10:1 stock split.
Article Source:Money Control