The Hi-Tech Gears Ltd SHARE PRICE [LIVE]

  
NSE
209.60
BSE
210.35
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Name Mar 21 Dec 20

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What is the Share price of The Hi-Tech Gears Ltd (HITECHGEAR)?

The Hi-Tech Gears Ltd (HITECHGEAR) share price as of October 7, 2022, on NSE is Rs 209.60 (NSE) and Rs 210.35 (BSE) on BSE.

Can I buy The Hi-Tech Gears Ltd (HITECHGEAR) shares?

Yes, You can buy The Hi-Tech Gears Ltd (HITECHGEAR) shares by opening a Demat account with Angel One.

How do I buy The Hi-Tech Gears Ltd (HITECHGEAR) from Angel One?

The Hi-Tech Gears Ltd (HITECHGEAR) share can be brought through the following modes:
  1. Direct investment: You can buy The Hi-Tech Gears Ltd (HITECHGEAR) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to The Hi-Tech Gears Ltd (HITECHGEAR) shares.

In which sector do The Hi-Tech Gears Ltd (HITECHGEAR) belong?

The Hi-Tech Gears Ltd (HITECHGEAR) belongs to Auto Anc.

About HITECHGEAR

Today's live share price for The Hi-Tech Gears Ltd is NSE: ₹ 209.60, BSE: ₹ 210.35 with a current market capitalization of .

Incorporated in 1986, Hi-Tech Gears (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML). Over a period of time, it has acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers. Its other clients are Maruti Udyog, Shriram Honda Power Equipment and Escorts. The company is granted QS9000 accrediation by Underwriters Laboratories and is already having ISO 9000 Certificate. New quality standards are being adopted by the Companies all over the world. HTGL has tied up with Kyushu Musashi, a subsidiary of Honda Motors, Japan, to manufacture closed-die forgings in India. This particular product is a raw material for transmission gears and shafts. These forgings are at present imported by HHML. With the implementation of the forgings project, the company will stand to benefit as in-house forgings manufacture will result in value-added and cost-effective products. The technology thus acquired will be unique which imparts greater strength to forgings and will not be restricted to the automobile sector. This is the first time this technology is being transferred outside the Honda group. Company has taken initiative and seeks to be a front runner in customer satisfaction. Company has succeeded in opening up the export market and has commenced supply to M/s Cummins world wide. Besides this the company is developing markets in Germany and increasing its business in U.K. Company also confident about the healthy segment of its business due to company's largest customer M/s Hero Honds Motors Ltd. It has plans of diversifying into the software arena with a foray into e-engineering services. The company has formed a small group named Hi-tech Soft which is utilising software from original equipment (OE) customers to undertake projects on assembly, modelling, computer aided machining (CAM), drawing and other engineering services. It plans to strengthen it and then hive it off as a separate entity in the future. This division plans to offer product and process life cycle management projects, intralink implementation, training and consulting services.

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