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HITECH CORPORATION LIMITED (HITECHCORP)

Process Industries · Containers/Packaging · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.57 / 100
Profitability 45Growth 76Balance sheet 49
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.67 / 100
Price 94Earnings 54FII/DII 51

Passes these screensHigh MomentumNear 52-week high

Compare withTIME TECHNOPLASTEPLAGI GREENPAC

Share price

Closing priceAdjusted for splits and bonus issues.

₹413.25 latest close · +29.9% over the last 90 sessions

₹350₹400Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹350₹400Jul 3Sep 4Nov 9

₹413.25 month-end · +121.3% over 12 months

₹100₹200₹300₹400Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹100₹200₹300₹400Nov '25May '26Nov '26

₹413.25 month-end · +51.2% over 3 years

₹100₹200₹300₹400Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹100₹200₹300₹400Nov '23May '25Nov '26

₹413.25 month-end · +282.8% since Jan '19

₹200₹400Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹200₹400Jan '19Dec '22Nov '26

52-week range ₹112.00 to ₹424.50 · 1-year volatility 47.7%

Was the rally earned?

+121%share price, 1 yearEarnings-driven

Mostly yes.

  • Per-share earnings added 89 points to the rise, while the multiple moved less (P/E 32.7x to 40.4x).
  • The share count barely moved.
Net profit growth: +89 pts. Points of the price return explained by net profit growing (or shrinking).+89 ptsNet profit growthP/E change: +32 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+32 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +121%+121%Share priceNet profit growth: +89 pts. Points of the price return explained by net profit growing (or shrinking).+89ProfitP/E change: +32 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+32P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +121%+121%Share price
Net profit growth+89 ptsNet profit rose about 79%, which lifts the price.
P/E change+32 ptsThe P/E rose from 32.7x to 40.4x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+51%share price, 3 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 47 points to the rise, while the multiple moved less (P/E 39.0x to 40.4x).
  • The share count rose 17%.
Net profit growth: +66 pts. Points of the price return explained by net profit growing (or shrinking).+66 ptsNet profit growthP/E change: +4 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+4 ptsP/E changeShare count change: −19 pts. Points of the price return explained by the share count changing. More shares count against the price.−19 ptsShare count changeShare price: +51%+51%Share priceNet profit growth: +66 pts. Points of the price return explained by net profit growing (or shrinking).+66ProfitP/E change: +4 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+4P/EShare count change: −19 pts. Points of the price return explained by the share count changing. More shares count against the price.−19SharesShare price: +51%+51%Share price
Net profit growth+66 ptsNet profit rose about 71%, which lifts the price.
P/E change+4 ptsThe P/E rose from 39.0x to 40.4x, which lifts the price.
Share count change-19 ptsShare count rose 17%, which lowers the price.
+82%share price, 5 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 52 points and the multiple added 31 points (P/E 32.4x to 40.4x).
  • The share count rose 17%.
Net profit growth: +73 pts. Points of the price return explained by net profit growing (or shrinking).+73 ptsNet profit growthP/E change: +31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+31 ptsP/E changeShare count change: −21 pts. Points of the price return explained by the share count changing. More shares count against the price.−21 ptsShare count changeShare price: +82%+82%Share priceNet profit growth: +73 pts. Points of the price return explained by net profit growing (or shrinking).+73ProfitP/E change: +31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+31P/EShare count change: −21 pts. Points of the price return explained by the share count changing. More shares count against the price.−21SharesShare price: +82%+82%Share price
Net profit growth+73 ptsNet profit rose about 71%, which lifts the price.
P/E change+31 ptsThe P/E rose from 32.4x to 40.4x, which lifts the price.
Share count change-21 ptsShare count rose 17%, which lowers the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with TIME TECHNOPLAST

How rough has the ride been?

Maximum drawdown-66.0%recovered 2026-08
1-year volatility47.7%annualised
Beta vs sector index1.113-year daily, correlation 0.37
Volume spikes5last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−63.6% 0%−20%−40%−60%2020202220242026−63.6%
Largest drawdowns

-66.0% (2024-10 peak to 2026-03 low, recovered 2026-08)

-63.7% (2019-01 peak to 2020-03 low, recovered 2020-08)

-52.2% (2022-01 peak to 2023-03 low, recovered 2024-10)

Most recent volume spikes

2026-10-12: 6.6x the 50-day median, price +1.3% that day

2026-10-09: 5.1x the 50-day median, price +0.1% that day

2026-10-08: 7.2x the 50-day median, price +0.4% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

40.4xP/E todayNear its historic high
Against its own history97th percentile
CheapestMedian 30.5xDearest

Usual range 11.5x to 38.0x since 2019-01.

Against Process Industries40.4x vs 18.1x
This company
40.4x
Sector median
18.1x

124% above the Process Industries median.

6.8x23.5x40.2x56.9xJan '19Aug '20Mar '22Oct '23May '25Nov '266.8x23.5x40.2x56.9xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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P/B (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE45th
  • Op. margin45th▼ 21 pts vs a year ago
  • Revenue growth77th▼ 13 pts vs a year ago
  • EPS growth84th▲ 52 pts vs a year ago
  • Debt/equity ↓42nd▼ 5 pts vs a year ago
  • Cash cycle ↓68th▼ 6 pts vs a year ago
  • P/E ↓19th▼ 13 pts vs a year ago
  • 12M momentum98th▲ 49 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~29%annual earnings growth implied by the price

At a P/E of 68.2x, the price would imply about 29.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹413.25
P/E
40.4x
ROCE
10.0%
Market Cap
₹711 cr
Revenue (TTM)
₹701 cr
P/S
1.0x
P/B
2.5x
ROE
6.2%
Operating Margin
10.2%
Debt / Equity
0.5x
Promoter Holding
74.4%
12M Momentum
121.3%

52-week range

₹112.00₹424.50
96% of the way from its 52-week low to its high

Price risk

1Y volatility
47.7%
Beta vs sector
1-year daily
0.89

Balance sheet & cash

Interest cover
operating profit ÷ interest
2.1x
Cash from profit, 3Y
operating cash flow ÷ net profit
4.32x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance18%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 17.6%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate20%Within range

Median quarterly effective tax rate over about 2.5 years: 20.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion3.81xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 3.81x (cash from operations ₹122 cr, net profit ₹32 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-17 daysWithin range

Debtor days are below the median of the previous three fiscal years by 17 days (41 vs 58). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress4% of fixed assetsWithin range

Capital work-in-progress is 4% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+9 days / 2 yrsWithin range

Days payable changed by +9 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, institutional and promoter holdings were broadly unchanged.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.4%74.4%0.0 pts
FIIs0.0%0.0%0.0 pts
DIIs0.0%0.1%+0.1 pts
Public and others25.6%25.4%-0.1 pts

Number of shareholders

7,720shareholders+4% since Sep '23
7k8k9k9k Sep '23Mar '24Sep '24Mar '25Dec '25Jun '26
Sep '23: 7,441
Dec '23: 8,175
Mar '24: 8,184
Jun '24: 8,436
Sep '24: 8,575
Dec '24: 8,926
Mar '25: 9,487
Sep '25: 9,201
Dec '25: 8,905
Mar '26: 8,727
Jun '26: 7,720
 7k8k9k9k Sep '23Sep '24Dec '25Jun '26
Sep '23: 7,441
Dec '23: 8,175
Mar '24: 8,184
Jun '24: 8,436
Sep '24: 8,575
Dec '24: 8,926
Mar '25: 9,487
Sep '25: 9,201
Dec '25: 8,905
Mar '26: 8,727
Jun '26: 7,720

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

+4.6%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like HITECH CORPORATION LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −31% to +63% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+7.2%, 80% range −13.9% to +22.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
DHRUV · Jan 2025: −76.4% vs market
ACCURACY · May 2022: −63.0% vs market
NAHARSPING · Jan 2022: −58.9% vs market
KRITIKA · Feb 2024: −54.9% vs market
HITECH · Aug 2024: −51.9% vs market
NELCAST · Oct 2023: −47.8% vs market
ATALREAL · Sep 2025: −44.4% vs market
JAYBARMARU · Jun 2023: −41.7% vs market
OMINFRAL · Jul 2024: −40.6% vs market
LORDSCHLO · Jul 2025: −38.5% vs market
FOODSIN · May 2023: −38.4% vs market
PARAGMILK · Sep 2023: −38.0% vs market
ELECTCAST · Jan 2024: −32.2% vs market
BIL · Jul 2025: −25.8% vs market
BIRLACORPN · Jan 2020: −24.3% vs market
RAMAPHO · Jul 2025: −24.2% vs market
MANGLMCEM · Jul 2024: −22.2% vs market
NECCLTD · Jun 2020: −21.7% vs market
KANPRPLA · May 2025: −19.4% vs market
RICOAUTO · Jan 2023: −17.8% vs market
LUMAXIND · Apr 2023: −15.8% vs market
MANAKCOAT · Jun 2025: −15.4% vs market
UNIVCABLES · Mar 2023: −14.5% vs market
PITTIENG · Mar 2022: −11.6% vs market
LOKESHMACH · Oct 2023: +2.8% vs market
HPL · Apr 2024: +6.4% vs market
BLKASHYAP · Apr 2023: +14.8% vs market
PASHUPATI · Jul 2025: +17.5% vs market
NACLIND · Jun 2020: +19.5% vs market
VISHNU · Jan 2022: +22.0% vs market
PENIND · Feb 2023: +23.7% vs market
SALZERELEC · Mar 2024: +24.0% vs market
GRPLTD · Jan 2023: +33.5% vs market
POWERMECH · Mar 2023: +36.5% vs market
GPTINFRA · Dec 2023: +45.9% vs market
KIRLOSENG · Mar 2023: +46.0% vs market
SKIPPER · Jul 2023: +57.0% vs market
HARRMALAYA · Jul 2020: +64.7% vs market
CEMPRO · May 2023: +71.2% vs market
MAHICKRA · Sep 2025: +76.2% vs market
SKMEGGPROD · Jan 2023: +85.7% vs market
ARTEMISMED · Nov 2022: +89.3% vs market
COMSYN · Aug 2025: +92.0% vs market
AXISCADES · Oct 2022: +95.6% vs market
OSWALSEEDS · Sep 2022: +100.1% vs market
MARINE · Dec 2023: +116.0% vs market
TARIL · Sep 2022: +148.3% vs market
SOUTHWEST · Jan 2021: +159.6% vs market
XPROINDIA · Aug 2021: +173.5% vs market
APOLLO · Nov 2022: +297.0% vs market
Similar setups +4.6%All companies −2.6%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 6 beyond the range shown, drawn at the edge

Similar setups' median
+4.6%
All companies' median
−2.6%
Beat the market
52% vs 47%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CEMPRO
Industrial Services		 May 2023 41x14% +171%0% +71%
ARTEMISMED
Health Services		 Nov 2022 33x10% +135%0% +89%
LUMAXIND
Producer Manufacturing		 Apr 2023 47x11% +113%0% −16%
COMSYN
Process Industries		 Aug 2025 34x12% +113%0% +92%
NAHARSPING
Process Industries		 Jan 2022 53x7% +693%−3% −59%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GRPLTD
Producer Manufacturing		 Jan 2023 62x6% +85%0% +34%
KANPRPLA
Producer Manufacturing		 May 2025 47x5% +147%0% −19%
RICOAUTO
Producer Manufacturing		 Jan 2023 51x7% +105%−5% −18%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: ROCE, P/S and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to HITECH CORPORATION LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

EMKAY GLOBAL FINANCIAL SERVICEEMKAY
Finance
75%similar
market cappromoter holding
MMP INDUSTRIESMMP
Non-Energy Minerals
66%similar
promoter holdingrevenue growth
INDO FARM EQUIPMENTINDOFARM
Producer Manufacturing
61%similar
market capvolatility
ALL TIME PLASTICSALLTIME
Producer Manufacturing
57%similar
volatilityP/E
KILITCH DRUGS (I)KILITCH
Health Technology
56%similar
market caprevenue growth
BOMBAY SUPER HYBRID SEEDSBSHSL
Process Industries
71%similar
revenue growthpromoter holding
SHREE PUSHKAR CHEMICALSSHREEPUSHK
Process Industries
61%similar
operating marginvolatility
SUMEET INDUSTRIESSUMEETINDS
Process Industries
59%similar
market caprevenue

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Nov '23

  1. OctValuationP/E crossed above the 90th percentile of its own history to date (40.4x).
  2. OctPriceVolume reached 17.4x its 50-day median on 2026-10-07; price +2.0% that day.
  3. SepPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
  4. AugPriceRegained the 2024-10 peak, 5 months after the low.
  5. JunResultsYear-on-year EPS growth turned positive.
  6. JunPeer rankSlipped to the 3rd quartile of Process Industries on ROCE (from the 2nd quartile).
  7. JunPriceVolume reached 37.6x its 50-day median on 2026-06-05; price +1.9% that day.
  8. MayValuationP/E crossed above the 90th percentile of its own history to date (56.8x).
Show 22 earlier events
  1. MarPriceFell 66% from the Oct 2024 peak to the Mar 2026 low.
  2. MarPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
  3. MarPriceVolume reached 16.5x its 50-day median on 2026-03-13; price +0.9% that day.
  4. JanDebtDebt / equity halved over 12 months to 0.43x.
  5. OctPriceVolume reached 5.1x its 50-day median on 2025-10-03; price +6.9% that day.
  6. SepPeer rankMoved into the 3rd quartile of Process Industries on EPS growth (from the bottom quartile).
  7. AugPriceVolume reached 11.7x its 50-day median on 2025-08-13; price +8.9% that day.
  8. JunResultsRevenue (TTM) reached a new high of ₹561 cr.
  9. JunValuationP/E crossed above the 90th percentile of its own history to date (38.5x).
  10. JunPeer rankSlipped to the bottom quartile of Process Industries on EPS growth (from the 2nd quartile).
  11. JunDebtDebt / equity halved over 12 months to 0.43x.
  12. JunSharesShare count is up 30.8% over 12 months.
  13. JunPriceVolume reached 10.5x its 50-day median on 2025-06-30; price +4.8% that day.
  14. MarPriceVolume reached 56.2x its 50-day median on 2025-03-17; price +3.6% that day.
  15. OctPriceRegained the 2022-01 peak, 19 months after the low.
  16. OctPriceVolume reached 22.4x its 50-day median on 2024-10-14; price +4.8% that day.
  17. SepValuationP/E crossed above the 90th percentile of its own history to date (38.5x).
  18. SepPriceVolume reached 55.8x its 50-day median on 2024-09-19; price +20.0% that day.
  19. JunPeer rankSlipped to the 2nd quartile of Process Industries on operating margin (from the top quartile).
  20. JunPriceVolume reached 14.7x its 50-day median on 2024-06-21; price +7.0% that day.
  21. MarPriceVolume reached 7.4x its 50-day median on 2024-03-12; price +1.2% that day.
  22. NovPriceVolume reached 57.6x its 50-day median on 2023-11-06; price +12.0% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1140.4x₹701 cr6.2%10.0%0.5x
2026-1040.4x₹701 cr6.2%10.0%0.5x
2026-0933.8x₹701 cr6.2%10.0%0.5x
2026-0837.8x₹640 cr5.3%10.0%0.5x
2026-0736.2x₹640 cr5.3%10.0%0.5x
2026-0635.7x₹640 cr5.3%10.0%0.5x
2026-0556.8x₹624 cr2.7%—0.4x
2026-0432.9x₹624 cr2.7%—0.4x
2026-0326.8x₹624 cr2.7%—0.4x
2026-0221.6x₹602 cr4.1%—0.4x
2026-0123.9x₹602 cr4.1%—0.4x
2025-1225.8x₹602 cr4.1%—0.4x
2025-1132.7x₹584 cr3.6%—0.4x
2025-1034.0x₹584 cr3.6%—0.4x
2025-0933.1x₹584 cr3.6%—0.4x
2025-0838.1x₹561 cr3.3%—0.4x
2025-0735.8x₹561 cr3.3%—0.4x
2025-0638.5x₹561 cr3.3%—0.4x
2025-0526.5x₹422 cr10.4%14.0%1.0x
2025-0425.7x₹422 cr10.4%14.0%1.0x
2025-0326.1x₹422 cr10.4%14.0%1.0x
2025-0223.9x₹422 cr10.4%14.0%1.0x
2025-0130.4x₹422 cr10.4%14.0%1.0x
2024-1233.0x₹422 cr10.4%14.0%1.0x
2024-1134.4x₹422 cr10.4%14.0%1.0x
2024-1040.2x₹422 cr10.4%14.0%1.0x
2024-0938.5x₹422 cr10.4%14.0%1.0x
2024-0832.1x₹422 cr10.4%14.0%1.0x
2024-0735.4x₹422 cr10.4%14.0%1.0x
2024-0631.3x₹422 cr10.4%14.0%1.0x
2024-0530.1x₹422 cr10.4%14.0%1.0x
2024-0433.4x₹422 cr10.4%14.0%1.0x
2024-0328.3x₹422 cr10.4%14.0%1.0x
2024-0232.0x₹422 cr10.4%14.0%1.0x
2024-0135.2x₹422 cr10.4%14.0%1.0x
2023-1236.5x₹422 cr10.4%14.0%1.0x
2023-1139.0x₹422 cr10.4%14.0%1.0x
2023-1035.5x₹422 cr10.4%14.0%1.0x
2023-0932.4x₹422 cr10.4%14.0%1.0x
2023-0833.6x₹422 cr10.4%14.0%1.0x
2023-0733.3x₹422 cr10.4%14.0%1.0x
2023-0634.3x₹422 cr10.4%14.0%1.0x
2023-0527.8x₹422 cr10.4%14.0%1.0x
2023-0425.9x₹422 cr10.4%14.0%1.0x
2023-0321.9x₹422 cr10.4%14.0%1.0x
2023-0227.9x₹422 cr10.4%14.0%1.0x
2023-0130.4x₹422 cr10.4%14.0%1.0x
2022-1232.1x₹422 cr10.4%14.0%1.0x
2022-1134.2x₹422 cr10.4%14.0%1.0x
2022-1033.3x₹422 cr10.4%14.0%1.0x
2022-0932.4x₹422 cr10.4%14.0%1.0x
2022-0836.1x₹422 cr10.4%14.0%1.0x
2022-0735.0x₹422 cr10.4%14.0%1.0x
2022-0632.2x₹422 cr10.4%14.0%1.0x
2022-0533.7x₹422 cr10.4%14.0%1.0x
2022-0437.1x₹422 cr10.4%14.0%1.0x
2022-0332.6x₹422 cr10.4%14.0%1.0x
2022-0235.5x₹422 cr10.4%14.0%1.0x
2022-0141.4x₹422 cr10.4%14.0%1.0x
2021-1242.7x₹422 cr10.4%14.0%1.0x
2021-1132.4x₹422 cr10.4%14.0%1.0x
2021-1029.4x₹422 cr10.4%14.0%1.0x
2021-0930.5x₹422 cr10.4%14.0%1.0x
2021-0829.5x₹422 cr10.4%14.0%1.0x
2021-0734.8x₹422 cr10.4%14.0%1.0x
2021-0634.4x₹422 cr10.4%14.0%1.0x
2021-0525.5x₹422 cr10.4%14.0%1.0x
2021-0420.6x₹422 cr10.4%14.0%1.0x
2021-0317.7x₹422 cr10.4%14.0%1.0x
2021-0220.1x₹422 cr10.4%14.0%1.0x
2021-0116.4x₹422 cr10.4%14.0%1.0x
2020-1216.9x₹422 cr10.4%14.0%1.0x
2020-1116.2x₹422 cr10.4%14.0%1.0x
2020-1011.4x₹422 cr10.4%14.0%1.0x
2020-0912.1x₹422 cr10.4%14.0%1.0x
2020-0814.0x₹422 cr10.4%14.0%1.0x
2020-0710.5x₹422 cr10.4%14.0%1.0x
2020-0610.8x₹422 cr10.4%14.0%1.0x
2020-059.0x₹422 cr10.4%14.0%1.0x
2020-048.2x₹422 cr10.4%14.0%1.0x
2020-036.9x₹422 cr10.4%14.0%1.0x
2020-0210.2x₹422 cr10.4%14.0%1.0x
2020-0112.5x₹422 cr10.4%14.0%1.0x
2019-1212.5x₹422 cr10.4%14.0%1.0x
2019-1111.7x₹422 cr10.4%14.0%1.0x
2019-1012.2x₹422 cr10.4%14.0%1.0x
2019-0911.3x₹422 cr10.4%14.0%1.0x
2019-0810.7x₹422 cr10.4%14.0%1.0x
2019-0710.1x₹422 cr10.4%14.0%1.0x
2019-0611.8x₹422 cr10.4%14.0%1.0x
2019-0512.9x₹422 cr10.4%14.0%1.0x
2019-0414.4x₹422 cr10.4%14.0%1.0x
2019-0315.4x₹422 cr10.4%14.0%1.0x
2019-0213.6x₹422 cr10.4%14.0%1.0x
2019-0115.4x₹422 cr10.4%14.0%1.0x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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