Hitech Corporation share news, announcements and annual reports
NSE: HITECHCORPBSE: 526217Industrial ProductsSmall Cap
Hitech Corporation Limited · Formerly Hitech Plast · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1994 on BSE, Dec 2007 on NSE
Last close ₹412.45up ₹1.05 (0.26%)BSE ₹411.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹411.40.
30 Oct: open ₹410.35, high ₹413.35, low ₹410.35
52-week range of traded prices to 30 Oct 2026
₹112.00Low, 30 Mar 2026₹424.50High, 19 Oct 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹708 Cr2,127th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 40.37
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.49
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.24%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 6.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.47
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 4,326
Hitech Corporation share news and announcements
578 announcements, routine notices left out, newest first. Page 11 of 12.
Aug 2012
14 Aug · Disclosure of Voting Pattern - Clause 35A
13 Aug · Management
Mr. Bhupendra P. Dusara, CFO & Company Secretary and Compliance Officer of the Company had resigned and the Board accepted the same to be effective from the close of banking hours on August 31, 2012. However, under a new contract, Mr. Dusara would continue to perform CFO's role.3 Aug · Board meeting
To consider, inter alia, the following: 1. To consider and approve the Audited Financial Results of the Company for the first quarter ended June 30, 2012. 2. To consider and approve the Unaudited Consolidated Financial Results of the Company for the first quarter ended June 30, 2012.
Jul 2012
2 Jul · Meeting
Register of Members of the Company will be closed from August 02, 2012 to August 11, 2012 (both days inclusive) for the purpose of declaration of dividend, if approved by the shareholders at the Annual General Meeting of the Shareholders of the Company to be held on August 11, 2012.
Jun 2012
25 Jun · Management
Mr. Ranjan M. Kapur vide his letter dated June 15, 2012 resigned as a Director. Further the said resignation to be effective from June 19, 2012.19 Jun · Dividend
Board of Directors of the Company at its meeting held on June 18, 2012 have recommended a payment of dividend of Rs.1.60 (Rupees one and sixty paisa only) per equity share of the face value of Rs.10/- each for the financial year ended March 31, 2012 subject to the approval of the shareholders at the ensuing Annual General Meeting.11 Jun · Board meeting
To consider, inter-alia, the following :- (1) To consider and approve the Audited Annual Accounts of the Company for the financial year ended March 31, 2012; (2) To consider and approve the Consolidated Audited Annual Accounts of the Company for the financial year ended March 31, 2012; (3) To recommend Dividend on the Equity Shares of the Company.
May 2012
24 May · Updates
Hitech Plast Limited had informed the Exchange that portion of printing section of factory building of one of the units of the Company situated at R.S. No.146/3, 4, 5, Ariyur Village, Pondi-Villupuram Road, Puducherry - 605 102 was affected by fire in early morning of May 21, 2012. The cause of the incident is still not known and is being investigated. The Company has now informed the Exchange that the estimated loss on account of accidental fire is only about Rs.30-35 lacs, majority of which is covered by insurance. The Company is in the process of restarting the said unit, within this week.21 May · Updates
A portion of printing section of factory building of one of the units of the Company situated at R.S. No.146/3, 4, 5, Ariyur village, Pondivillupuram Road, Puducherry - 605 102 was affected by fire in early morning of 21st May 2012. The cause of the incident is being investigated. The plant is covered under insurance and the Company is assessing the extent of damage caused. The operations are expected to be disrupted for about weeks' time2 May · Board meeting
To consider, inter-alia, the following :- (1) To consider and approve the Unaudited Financial Results of the Company for the fourth quarter and year ended March 31, 2012; (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the fourth quarter and year ended March 31, 2012.
Apr 2012
20 Apr · Management
Mr. Hasit A. Dani has resigned as a Director of the Company. The Company has received the resignation letter dated April 16, 2012 from Mr. Hasit A. Dani on April 19, 2012.
Feb 2012
Jan 2012
25 Jan · Board meeting
To inter-alia, consider, the following : (1) To consider and approve the Audited Financial Results of the Company for the third quarter ended December 31, 2011 (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the third quarter ended December 31, 2011.
Nov 2011
Oct 2011
24 Oct · Board meeting
To inter-alia consider the following: 1) To consider and approve the Audited financial results of the company for the second quarter ended on September 30, 2011; 2) To consider and approve the unaudited financial results of the company for the second quarter ended on September 30, 2011.
Aug 2011
5 Aug · Board meeting
Board of Directors of the Company at its meeting held on August 04, 2011, has decided: (1) To renew the contract of Mr. Ashok K. Goyal, Managing Director, with effect from April 02, 2012 till February 23, 2016, subject to shareholders' approval at the ensuing General Meeting. (2) To appoint Mr. Malav Ashwin Dani, as Joint Managing Director for a period of 5 years, with effect from August 05, 2011, subject to shareholders' approval at the ensuing General Meeting.3 Aug · Management
Mr. Somasekhar Sundaresan, who was appointed as an Additional Director w.e.f. September 28, 2010, has regularized as a Director, liable to retire by rotation in the Annual General Meeting of the Company held on July 30, 2011. Further, Mr. Ashwin R. Nagarwadia, who was appointed in casual vacancy, has been also been appointed as a Director, liable to retire by rotation, in the Annual General Meeting of the Company held on July 30, 2011.
Jul 2011
21 Jul · Board meeting
To consider, inter alia, the following :- (1) To consider and approve the Audited Financial Results of the Company for the first quarter ended June 30, 2011; (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the first quarter ended June 30, 2011.
Jun 2011
24 Jun · Corporate action
Register of Members of the Company will be closed from July 22,2011 to July 30,2011 (both days inclusive) for the purpose of declaration of dividend, if approved by the shareholders at the Annual General Meeting of the shareholders of the Company to be held on July 30,2011.
May 2011
28 May · Dividend
Board of Directors of the Company at its meeting held on May 28, 2011 have recommended a payment of dividend of Rs.1.60 (Rupees one and sixty paisa only) per equity share of the face value of Rs.10/- each for the financial year ended March 31, 2011 subject to the approval of the shareholders at the ensuing Annual General Meeting.17 May · Rating
CRISIL complied Independent Equity Research (IER) report on the Company dated May 12, 2011. CRISIL has assigned fundamental grade '3/5' to the Company. The grade indicates that the Company's fundamentals are "good" relative to other listed equity securities in India. CRISIL Equity has assigned a valuation grade of '5/5' indicating that market price has 'strong upside' from the current levels.16 May · Board meeting
To consider, inter alia, the following:- (1) To consider and approve the audited financial results for the 4th quarter and annual accounts of the Company for the year ended March 31, 2011.(2) To consider and approve the consolidated audited financial results for the 4th quarter and annual accounts of the Company (including its subsidiary) for the year ended March 31, 2011 and recommending final dividend on equity shares of the Company for the year ended March 31, 2011.10 May · Results
Company shall submit the Audited financial results for the quarter and entire financial year ended March 31, 2011 within sixty days from the end of the Financial year.
Feb 2011
Jan 2011
25 Jan · Board meeting
To consider, interalia, the following :- (1) To consider and approve the Audited Financial Results of the Company for the third quarter and nine months ended December 31, 2010; (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the third quarter and nine months ended December 31, 2010.
Nov 2010
3 Nov · Board meeting
To consider, inter alia, the following :- (1) To consider and approve the Audited Financial Results of the Company for the second quarter and half year ended September 30, 2010; (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2010.
Oct 2010
4 Oct · Management
Company appointed Mr.Somasekhar Sundaresan as an Additional Director with effect from September 28, 2010.
Sep 2010
Aug 2010
6 Aug · Meeting
Register of Members of the Company will be closed from August 27, 2010 to September 04, 2010 (both days inclusive) for the purpose of declaration of dividend, if approved by the shareholders at the Annual General Meeting of the Shareholders of the Company to be held on September 04, 2010.6 Aug · Dividend
Dividend on equity shares, if declared at the Annual General Meeting of the Members of the Company to be held on September 04, 2010 will be paid on and after September 06, 2010.
Jul 2010
20 Jul · Board meeting
To consider, inter alia, the following :- (1) To consider and approve the Audited Financial Results of the Company for the first quarter ended June 30, 2010; (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the first quarter ended June 30, 2010.
Jun 2010
29 Jun · Dividend
Vide its letter dated June 26, 2010 that " The Board of Directors have recommended a dividend at the rate of 15% (Rs.1.50 per share) (Previous Year 11%) (Rs.1.10 per share) on the equity shares of the Company for the financial year ended March 31, 2010 subject to approval of members of the Company at the ensuing Annual General Meeting".
Apr 2010
27 Apr · Board meeting
To consider, inter alia, the following :- (1) To consider and approve the Unaudited financial results of the Company for the fourth quarter and the year ended March 31, 2010; (2) To consider and approve the Unaudited consolidated financial results of the Company, (including its subsidiaries) for the fourth quarter and the year ended March 31, 2010.9 Apr · Updates
The 1st phase of new manufacturing unit at Rohtak, Haryana has been completed and commissioned. The Commercial production from the said unit has commenced with effect from 9th April, 2010.
Mar 2010
30 Mar · Investment
Board of Directors, at its meeting held on March 24, 2010 approved the investment of subscribing to Rights shares issued by one of the subsidiaries, namely Clear Plastics Limited. The subsidiary company has offered 11,17,305 Equity Shares of Rs. 10/- each at a premium of Rs 124/- per share by way of Rights entitlements, aggregating to Rs. 1497.19 lacs. The amount payable is as follows : On Application & Allotment, per share Rs. 80/- (including premium of Rs. 75/-) aggregate amount (Rs. in lacs) Rs. 893.84. On First and Final Call, per share Rs. 54/- (including premium of Rs. 49/-), aggregate amount (Rs. in Lacs) Rs. 603.35. Total : Aggregate Amount (Rs. in Lacs) Rs. 1497.19. With this investment, the current holding of 60% of equity share capital of the subsidiary will remain the same.
Feb 2010
5 Feb · Management
Mrs. Ina A. Dani is appointed as an Additional Director with effect from 30th January, 2010 under section 260 of the Companies Act, 1956
Jan 2010
18 Jan · Board meeting
To consider, inter alia, the following: (1) To consider and approve the Audited Financial Results of the Company for the third quarter and nine months ended December 31, 2009. (2) To consider and approve the Unaudited Consolidated Financial Results of the Company for the third quarter and nine months ended December 31, 2009.1 Jan · Business
Vides it letter dated December 31, 2009 that: "The Board of Directors of Clear Plastics Limited and Mipak Polymers Limited, both subsidiaries of Hitech Plast Limited, at their Board Meeting held today, have decided to merge Mipak Polymers Limited into Clear Plastics Limited, subject to the approval of shareholders of subsidiaries, High Court of Bombay / Tribunal and other appropriate authorities. The exchange ratio approved by the Statutory Auditors of the Company is to issue, 1 (One) equity share of Clear Plastics Limited for every 3 (Three) equity shares of Mipak Polymers Limited, to the shareholders of Mipak Polymers Limited. Our holding is 60% of equity capital in each of the subsidiaries".
Oct 2009
14 Oct · Board meeting
To consider, inter alia, the following: (1) To consider and approve the audited financial results of the Company for the quarter and half year ended September 30, 2009. (2) To consider and approve the unaudited consolidated financial results of the Company for the quarter and half year ended September 30, 2009.6 Oct · Meeting
Proceedings of the Annual General Meeting of the Company held on September 26, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.