Hi-Tech Pipes to double capacity with $68M capex

Hi-Tech Pipes to double capacity with $68M capex — The company plans to invest $68 million to double its tubes and pipes production capacity, aiming to meet rising demand. This expansion could enhance its market share in the steel pipes sector. The move signals long-term growth intent and increased operational scale.

📊 STOCKS: $HITECHPIPES | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex