Support and Resistance Levels
Past performance
About The Hi-Tech Gears Ltd Incorporated in 1986, Hi-Tech Gears Limited (HTGL) is a Tier 1 auto component manufacturer specializing in automotive gears and shafts, primarily supplying Hero Honda Motors. The company has expanded its capabilities by partnering with Kyushu Musashi, a Honda Motors subsidiary, to produce closed-die forgings in India, enhancing strength and cost-effectiveness, and is the first outside the Honda group to use this technology. HTGL is diversifying into e-engineering services through its Hi-tech Soft division and has ventured into robotics with Hi-Tech Robotic Systemz Inc.
The company has expanded internationally with subsidiaries in the US and Canada, such as Neo-Tech Auto Systemz Inc. and Neo-Tech Smart Solutions Inc., alongside a network of wholly-owned and step-down subsidiaries. HTGL is actively developing markets in Germany and the UK, while continuing to strengthen its relationship with key customer Hero Honda Motors. The company plans to further expand its technological and geographical footprint, aiming for value-added growth in the automotive sector and beyond.