Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hi-tech-pipes-limited" target="_blank" data-smartkarma-citation="entities:39778:1" rel="noopener">HI-Tech Pipes (HITECH IN)</a> is engaged in manufacturing of ERW Steel Round &amp; Section Pipes, cold Rolled Strips, coils, and colour coated sheet, etc. and has distribution across India.</li>
<li>The company has grown impressively in the last 5-7 years and has seen improved balance sheet and working capital situation.</li>
<li>However, tapering return ratios, prolonged concern on cash conversion and erosion of margins are few talking points that should be taken into account.</li>
</ul>



HI-Tech Pipes (HITECH IN) is engaged in manufacturing of ERW Steel Round &amp; Section Pipes, cold Rolled Strips, coils, and colour coated sheet, etc. and has distribution across India.
The company has grown impressively in the last 5-7 years and has seen improved balance sheet and working capital situation.
However, tapering return ratios, prolonged concern on cash conversion and erosion of margins are few talking points that should be taken into account.


Consumer Analyst / Channel Surveillance Specialist, Trudence Capital Advisors

Pranav Bhavsar

Consumer Analyst / Channel Surveillance Specialist

Equity Bottom-Up

<ul>
<li>Re-Introducing our weekly Namaste India 2.0. This iteration builds on our earlier version and is designed for investors keen to track developments in India.</li>
<li>Nuclear power currently contributes less than 2% of India's total electricity generation, indicating significant room for growth.</li>
<li>Going ahead, with earnings taking center stage, the high valuations commanded by <a href="https://www.smartkarma.com/entities/ishares-msci-india-etf" target="_blank" data-smartkarma-citation="entities:282:1" rel="noopener">iShares MSCI India ETF (INDA US)</a> are likely to get challenged.  </li>
</ul>


Re-Introducing our weekly Namaste India 2.0. This iteration builds on our earlier version and is designed for investors keen to track developments in India.
Nuclear power currently contributes less than 2% of India's total electricity generation, indicating significant room for growth.
Going ahead, with earnings taking center stage, the high valuations commanded by iShares MSCI India ETF (INDA US) are likely to get challenged.  


Namaste India 🙏 | India’s Atomic Ambitions

India

HI-Tech Pipes Limited is a producer and supplier of steel pipes, hollow sections, tubes, cold rolled coils and strips, and a variety of other galvanized products.

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HI-Tech Pipes (HITECH IN)

Hi-Tech Pipes: A.G.E. Analysis

The company has grown impressively in the last 5-7 years and has seen improved balance sheet. But tapering return ratios, concern on cash...

Nitin Mangal

Namaste India 🙏 | India’s Atomic Ambitions

Weekly Namaste India 2.0 for investors tracking India; nuclear power at 2% of electricity generation, room for growth; high valuations of iShares...

Pranav Bhavsar

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Hi-Tech Pipes: A.G.E. Analysis

The company has grown impressively in the last 5-7 years and has seen improved balance sheet. But tapering return ratios, concern on cash...

Nitin Mangal

Namaste India 🙏 | India’s Atomic Ambitions

​Weekly Namaste India 2.0 for investors tracking India; nuclear power at 2% of electricity generation, room for growth; high valuations of iShares...

Pranav Bhavsar

Weekly Namaste India 2.0 for investors tracking India; nuclear power at 2% of electricity generation, room for growth; high valuations of iShares...