Introduction
Leading steel pipes manufacturer has started commercial production at its Sikandrabad greenfield unit, adding new capacity and achieving one million tonnes annual installed manufacturing capacity.
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Share price movement of Hi-Tech Pipes
On February 9, 2026, Hi-Tech Pipes Limited opened at ₹80.90, up 2.43% from its previous close of ₹81.19. The stock reached a high of ₹83.60 (2.98%) and a low of ₹79.11. By 10:25 AM, it traded at ₹83.16, a 2.43% increase, with a market cap of ₹1,691.89 crore.
Hi-Tech Pipes Starts Sikandrabad Production
Hi-Tech Pipes Limited has commenced commercial production at its Sikandrabad, Uttar Pradesh Unit-III greenfield facility. The commissioning strengthens the company’s manufacturing presence in North and Central India.
With the Sikandrabad plant adding 1,20,000 tonnes per annum, Hi-Tech Pipes Limited has achieved one million tonnes of total installed annual capacity across locations.
The Sikandrabad facility manufactures ERW pipes and hollow sections. The company stated the expansion improves supply efficiency and supports future capacity growth aligned with infrastructure demand.
Stock performance of Hi-Tech Pipes for Period of 1 week, 6 months, and 1 year
Hi-Tech Pipes Limited delivered an 11.3% return over the past week, declined 7.47% over six months, and fell 37.6% over the past one year.
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Shareholding pattern of Hi-Tech Pipes
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 43.60% | 43.60% | 44.00% |
| FII | 1.40% | 2.40% | 1.70% |
| DII | 15.90% | 14.50% | 16.10% |
| Public | 38.90% | 39.30% | 38.10% |
About Hi-Tech Pipes
Hi-Tech Pipes Limited (NSE: HITECH) is a steel processing company with multiple plants, 10.5 million MTPA capacity, and nationwide dealer network across pipes, tubes, and galvanised products.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Hi-Tech Pipes Limited share price rising today?
A: Hi-Tech Pipes Limited began commercial production at Sikandrabad unit, adding 1,20,000 tonnes capacity and reaching one million tonnes annual installed capacity.
Q: What is Hi-Tech Pipes Limited’s main business focus?
A: Hi-Tech Pipes Limited focuses on manufacturing steel pipes, hollow sections, tubes, galvanized products, and value-added steel solutions across infrastructure and industrial segments.
Q: What are the 52-week high and low of Hi-Tech Pipes Limited stock?
A: Hi-Tech Pipes Limited stock recorded a 52-week high of ₹134.63 and a 52-week low of ₹70.70.
