Bandhan Mutual Fund has significantly increased its stake in Hi-Tech Pipes Limited, a move that highlights the fund's growing interest in the company. The transaction, which took place on October 23, 2025, saw Bandhan Mutual Fund acquire a substantial number of shares through open market purchases.

Key Details of the Acquisition

The acquisition was executed through two of Bandhan Mutual Fund's schemes:

1. Bandhan Large & Mid Cap Fund
2. Bandhan Small Cap Fund

About Hi-Tech Pipes Limited

Hi-Tech Pipes Limited, a company listed on both the BSE Limited and National Stock Exchange of India, has an equity structure worth noting:

Implications of the Stake Increase

This substantial increase in Bandhan Mutual Fund's stake in Hi-Tech Pipes Limited may indicate a positive outlook on the company's potential. For investors and market watchers, such moves by institutional investors often serve as signals of confidence in a company's prospects.

However, it's important to note that this transaction represents a snapshot of the fund's investment strategy at a specific point in time. Investors should always conduct their own research and consider multiple factors before making investment decisions.

As the market continues to evolve, it will be interesting to observe how this increased stake may influence both Hi-Tech Pipes' performance and Bandhan Mutual Fund's portfolio in the coming months.

Hi-Tech Pipes , a leading manufacturer of ERW steel pipes and related products, has reported record-breaking sales volumes for both the second quarter (Q2) and the first half (H1) of the financial year 2025-26. The company's performance showcases its strong market presence and resilience in the face of seasonal challenges.

Q2 FY26 Performance

Hi-Tech Pipes achieved a sales volume of 125,218.00 metric tonnes (MT) in Q2 FY26, marking a year-on-year increase from 123,027.00 MT in Q2 FY25. This growth demonstrates the company's ability to expand its market share and meet customer demand effectively.

H1 FY26 Results

For the first half of FY26, Hi-Tech Pipes reported an impressive sales volume of 249,245.00 MT, up from 245,182.00 MT in H1 FY25. This consistent growth over a six-month period underscores the company's strong performance and market position.

Management Commentary

Ajay Kumar Bansal, Chairman & Managing Director of Hi-Tech Pipes, expressed his satisfaction with the company's performance, stating, "We are delighted to share that Hi-Tech Pipes has delivered its highest ever sales volume in Q2 and H1 FY26. This achievement, despite the extended monsoon season which traditionally impacts demand and logistics, underscores the resilience of our business model and the strength of our market presence."

Mr. Bansal also highlighted the company's ongoing expansion efforts, noting, "With capacity expansion projects almost nearing the completion stage, we are confident of delivering impressive volume growth in the foreseeable future."

Company Overview

Hi-Tech Pipes has been a prominent player in the steel processing industry for nearly four decades. The company specializes in manufacturing a wide range of products, including:

• Steel pipes
• Hollow sections
• Tubes
• Cold rolled coils & strips
• Road crash barriers
• Solar mounting structures
• GP/GC Sheets
• Color Coated Coils
• Various galvanized products

With six state-of-the-art integrated manufacturing facilities located in Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), and Khopoli (Maharashtra), Hi-Tech Pipes boasts a consolidated installed capacity of 750,000.00 MTPA. The company aims to reach a capacity of 1 million tonnes in FY26, further solidifying its position in the market.

Hi-Tech Pipes has established a strong distribution network, with a direct marketing presence in over 20 states and more than 550 dealers and distributors across India. This extensive reach has contributed to the company's ability to achieve record sales volumes and maintain its growth trajectory.