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 ₹1,078 crore.
What happened
The Hi-Tech Gears (HITECHGEAR) filed a disclosure with the exchanges on 13 October 2026 at 04:46 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 ₹1,078 crore.
The stock last traded at ₹573.1, against a 52-week range of ₹521.3–₹897.5 (36.1% below the high).
Before this filing the shares had moved +0.5% over the month and −11.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.2 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 4 previous litigation filings from the company since May 2026.
After those filings, the stock fell 1.7% on average the next trading day and was up 3.2% on average after five days (2 filings with price data).
Market-wide, 585 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 36% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Sept 2026 | Update on Corporate Insolvency Resolution Process | −3.8% | — |
| 24 Aug 2026 | Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate… | +0.4% | +3.2% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Hi-Tech Gears faces customs order disallowing ₹13.58 lakh drawback
- The Hi-Tech Gears: NCLAT నుంచి ఇన్వెస్టర్లకు ఊరట.. Insolvency ప్రాసెస్పై స్టే పొడిగింపు!
- Compare with HI-TECH GEARS
- Hi-Tech Gears (NSE:HITECHGEAR): What Is the Special Window for Physical Share Transfer Re-Lodgement?
- Hi-Tech Gears: NCLAT extends interim stay, sets hearing for Oct 7
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.