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HITECHCORP· Materials› Packaging

Hitech Corporation Ltd

Stage 2 · Advancing · week 17Setup 7.0 ★★ GoodEven +0.7

Hitech Corporation Limited engages in rigid plastic packaging solution business in India. More about the company

₹349.1
+1.96% today
₹600 Cr · Small cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dPackaging 62.5%+4.2 pts
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vs 52W High
0.0%
₹114.3 lo₹349.1 hi
Near 52W high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 17
1w13w26w
Week 17 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
52.7%
200 DMA: ₹228.6 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
11.90x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↗
MA20 gently rising · +0.6% vs MA50 +2.0%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+3.6%
3M
+11.9%
6M
+149.8%
YTD
+102.4%
1Y
+82.7%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
This stock ranks #18 of 159 Stage 2 stocks in Materials by RS. Leading the sector.
Industry
Packaging
↑ Building
Stage 2%
62.5%
20d Δ
+4.2pp
1M return
-1.0%
3M return
+18.6%
Industry Stage-2 % · last 20 days
Ranks #2 of 15 Stage 2 stocks in this industry. Top tier.
Stage Cycle Timeline2023-07-11 → 2026-10-07
S2 14w
S2 14w
S4 18w
S1 19w
S4 26w
S2 17w
2023-07-112026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 10w → S3 2w → S2 14w → S3 7w → S4 13w → S1 12w → S2 14w → S3 6w → S4 18w → S1 19w → S4 1w → S3 6w → S4 26w → S1 2w → S2 17w current
Total tracked: 168 weeks across 16 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-07
Pullback Hunter
Latest: 2026-09-25
60 appearances in last 60 days. First seen: 2026-07-16.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S2
Wk 17 · Vol 11.90x
2026-10-06S2
Wk 17 · Vol 2.52x
2026-10-05S2
Wk 17 · Vol 4.51x
2026-10-01S2
Wk 16 · Vol 1.81x
2026-09-30S2
Wk 16 · Vol 2.69x
2026-09-29S2
Wk 16 · Vol 0.69x
2026-09-28S2
Wk 16 · Vol 3.83x
2026-09-25S2
Wk 16 · Vol 0.03x
2026-09-24S2
Wk 15 · Vol 0.24x
2026-09-23S2
Wk 15 · Vol 0.75x
2026-09-22S2
Wk 15 · Vol 0.90x
2026-09-21S2
Wk 15 · Vol 0.21x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹331.7
200 DMA
₹228.6
52W High
₹349.1
52W Low
₹114.3
5D Low
₹340.3
Resistance levels (recent highs)
20d High
₹349.1
60d High
₹349.1
120d High
₹349.1
250d High
₹349.1
Next resistance
Above all
P/E (TTM)
51.7
Forward —
Earnings Growth (YoY)
+1398.3%
Revenue +11.2%
ROE
+5.5%
Profit margin +2.4%
Dividend Yield
0.50%
P/B 1.4
About this companyMaterials· Packaging

Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage and personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.