New Delhi, June 2 -- A multibagger stock Hi-Tech Pipes climbed 2 per cent in intraday trade on the NSE on Monday, June 2, in a weak market. Hi-Tech Pipes share price opened at Rs.95.89 against its previous close of Rs.95.35 and rose to an intraday high of Rs.97.25. Around 11:20 AM, the multibagger stock traded 1.74 per cent higher at Rs.97.01. Equity benchmark Nifty 50 was 0.45 per cent down at that time.

Hi-Tech Pipes share price has given a solid multibagger return of nearly 1,100 per cent over the last five years. However, over the last year, the stock has been under pressure, falling about 20 per cent.

The stock hit a 52-week high of Rs.210.85 on September 23 last year, and it touched a 52-week low of Rs.84.80 recently on May 9.

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