
Shares of Hi-Tech Pipes a steel pipe manufacturing company were active in Mondays trading session ahead of its upcoming board meeting to consider the Q4 and FY25 financial results along with a potential final dividend declaration. According to a regulatory filing the board meeting is scheduled for Monday May 26 2025 where the company will review and approve the audited standalone and consolidated financial statements for the quarter and year ended March 31 2025. The board may also recommend a final dividend for the financial year. Market Performance The stock opened in the green at Rs 95 on the BSE up from the previous close of Rs 93.99. It climbed further to an intraday high of Rs 95.59 and was last seen trading at Rs 95 registering a gain of 1.07 per cent. On the NSE Hi-Tech Pipes opened at Rs 94.19 compared to the previous close of Rs 93.97 and reached a high of Rs 95.90 during the session. 52-week low: Rs 81.56 52-week high: Rs 210.75 Market Cap: Rs 1929.52 crore Previous Quarter Performance (Q3 FY25) In the December 2024 quarter the company reported a 34 per cent year-on-year jump in consolidated profit after tax (PAT) to Rs 19.15 crore driven by higher revenue. This compares to a PAT of Rs 14.33 crore in the year-ago period. Revenue from operations grew 20.78 per cent to Rs 761.02 crore (vs Rs 630.09 crore YoY) EBITDA increased 27.42 per cent to Rs 40.23 crore from Rs 31.57 crore a year earlier Investors and analysts will be closely watching the upcoming Q4 numbers and dividend announcement especially with the stock trading below Rs 100 and showing signs of momentum.
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