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HITECHGEAR

HI-TECH GEARSThe Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components. The product portfolio of the company comprises precision gears, shafts, transmission components, and engine components catering to two-wheelers (26%), Passenger Vehicles (43%), Commercial Vehicles, and Agri and Off-Road vehicles (31%). Geographical Split FY24 Domestic: 49% Exports: 51% The company exports to 10+ countries, including Canada, USA, Mexico, Germany, China, Japan, South Korea, etc. Clientele The customers of the company include Hero MotoCorp Ltd, JCB, Cummins, Daimler Bharat, Tata, DANA, Mahindra, Wabco, Magna, etc. New Business In FY24, the company won the new business from India and North America of Rs. 69.5 Cr vs Rs. 175 Cr in FY23. It also ventured into the Indian Passenger Car SUV segment. EV and New Technologies The company has initiated the production of gear component final assembly & counter assemble and gear drive and helical gear components in the electric vehicle space. In FY24, it won EV business from Hero Motor Corp and Dana. It is also focusing on advanced technology components like automatic transmission gear. Repayment of Debts Co. has reduced its debt from 434 Crs in FY23 to 195 Crs in FY24 (excluding Lease Liabilities) Focus The company is focusing on improving asset utilization through targeted selling of existing capacity, higher customer engagement, and cost mitigation.
NSE:HITECHGEARLong
by CannySunny
The Hi-tech Gears Limited - Breakout Setup, Move is ON...#HITECHGEAR trading above Resistance of 936 Next Resistance is at 1475 Support is at 602 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:HITECHGEARLong
by MandeepSinghKohli
The Hi-tech Gears Limited - Breakout Setup, Move is ON...#HITECHGEAR trading above Resistance of 602 Next Resistance is at 936 Support is at 424 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:HITECHGEARLong
by MandeepSinghKohli
HITECHGEAR - keep an eye out for BO above 510NSE:HITECHGEAR cmp 450 watchout for BO above 510. it will head for ATH and beyond gave BO for the first time on June 23 at 295. It achieved a high of 427 giving gains of 44% then gave BO for the second time on Nov 23 at 420 and made high of 518.80 giving 23% gains Watch for BO above 510 going forward, as this will take it to the ATH and beyond The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
NSE:HITECHGEARLong
by ajaykalashi
HITECH - Ichimoku Bullish Breakout Stock Name - Hi-Tech Pipes Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 767 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:HITECHLong
by nikunjbhadja