Hi-Tech Pipes stock in focus, company begins commercial production at Sikandrabad greenfield plantHi-Tech Pipes stock in focus, company begins commercial production at Sikandrabad greenfield plant

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.

Also Read: UltraTech Cement boosts Uttar Pradesh capacity with new Aligarh expansion

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.

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