The Hi-Tech Gears: Updates on Corporate Insolvency Resolution Process
The Hi-Tech Gears (HITECHGEAR) filed a disclosure titled "Updates on Corporate Insolvency Resolution Process". The company is valued at about ₹1,070 crore.
What happened
The Hi-Tech Gears (HITECHGEAR) filed a disclosure with the exchanges on 6 October 2026 at 05:29 PM titled "Updates on Corporate Insolvency Resolution Process".
Company snapshot
The Hi-Tech Gears is a small-cap company, with a market value of about ₹1,070 crore.
The stock last traded at ₹568.9, against a 52-week range of ₹521.3–₹897.5 (36.6% below the high).
Before this filing the shares had moved +2.7% over the month and −15.6% over three months. Average daily turnover over the last 20 sessions was about ₹0.19 crore.
Promoters held 56.12% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 216 | 6 | 3.19 |
| Q2 FY26 | 241 | 6 | 3.2 |
| Q3 FY26 | 224 | 0.9 | 0.46 |
| Q4 FY26 | 229 | 8.1 | 4.32 |
| Q1 FY27 | 238 | 4.8 | 2.53 |
What history shows
BCEIE's records show 3 previous litigation filings from the company since May 2026.
Market-wide, 536 litigation filings with an impact score of 50 or more saw an average next-day move of −0.4%, with 35% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
- Hi-Tech Gears sets record date for ₹4 dividend per share
- The Hi-Tech Gears Ltd. Lower Circuit Today: Price, Data and Peers
- Hi-Tech Gears NSE:HITECHGEAR 40th AGM Voting Results
- The Hi-Tech Gears Q2 2026 Earnings: Profitability Holds Firm at ₹11.15 EPS Despite Revenue Slip - Consensus Beat Rate
- Hi-Tech Gears faces customs order disallowing ₹13.58 lakh drawback
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.