One of the multibagger stocks that the Indian stock market has produced in recent years is Hi-Tech Pipes shares. The positional investors in the multibagger stock have received returns of over 85%, while the share price of Hi-Tech Pipes has increased by about 600% over the past five years.
Hi-Tech Pipes’ share opened at ₹149 on the NSE and reached an intraday high of ₹159.07 per share, indicating a 7 percent gain. The multibagger stock reached an intraday high of ₹170 per share.
Hi-Tech Pipes Limited today reported its highest-ever sales volume in the first quarter of the current fiscal year. In Q1, Hi-Tech Pipes saw a 45 percent rise in overall sales volume to 1,22,155 MT from 84,489 MT in the same time the previous year, as well as a 13 percent increase Q-o-Q from the sales volume of 1,07,721 MT in Q4FY24.
Hi-Tech Pipes shares jumped 2.14% at ₹151.95 on the NSE as of 2:10 PM.
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