Nitiraj Engineers Share Price
Start SIP in Nitiraj Engineers
Start SIPNitiraj Engineers Performance
Day Range
- Low 225
- High 242
52 Week Range
- Low 101
- High 303
- Open Price237
- Previous Close237
- Volume6583
Nitiraj Engineers Investment Rating
-
Master Rating:
-
Nitiraj Engineers has an operating revenue of Rs. 93.00 Cr. on a trailing 12-month basis. An annual revenue growth of 118% is outstanding, Pre-tax margin of 16% is great, ROE of 15% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 19% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 21% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 21 which is a POOR score indicating inconsistency in earnings, a RS Rating of 78 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 100 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 4 | 53 | 20 | 16 | 12 | 11 |
Operating Expenses Qtr Cr | 6 | 42 | 17 | 13 | 10 | 10 |
Operating Profit Qtr Cr | -2 | 10 | 4 | 3 | 2 | 1 |
Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | -1 | 2 | 1 | 0 | 0 | 0 |
Net Profit Qtr Cr | -2 | 7 | 2 | 2 | 1 | 0 |
Nitiraj Engineers Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹235.18
- 50 Day
- ₹243.16
- 100 Day
- ₹235.14
- 200 Day
- ₹206.60
- 20 Day
- ₹231.14
- 50 Day
- ₹256.59
- 100 Day
- ₹245.10
- 200 Day
- ₹199.05
Nitiraj Engineers Resistance and Support
Resistance | |
---|---|
First Resistance | 239.77 |
Second Resistance | 249.62 |
Third Resistance | 256.97 |
RSI | 45.83 |
MFI | 39.78 |
MACD Single Line | -7.07 |
MACD | -4.75 |
Support | |
---|---|
First Support | 222.57 |
Second Support | 215.22 |
Third Supoort | 205.37 |
Nitiraj Engineers Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 6,583 | 418,086 | 63.51 |
Week | 10,784 | 611,884 | 56.74 |
1 Month | 19,646 | 1,438,866 | 73.24 |
6 Month | 12,972 | 1,141,919 | 88.03 |
Nitiraj Engineers Result Highlights
Nitiraj Engineers Synopsis
NSE-Machinery-Gen Industrial
Nitiraj Engineers is involved in the business activities of Manufacturing. Company’s Total Operating Revenue is Rs. 46.08 Cr. and Equity Capital is Rs. 10.25 Cr. for the Year ended 31/03/2023. Nitiraj Engineers Ltd. is a Public Limited Listed company incorporated on 01/04/1999 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31909MH1999PLC119231 and registration number is 119231.Market Cap | 236 |
Sales | 93 |
Shares in Float | 0.32 |
No of funds | |
Yield |
Book Value | 2.96 |
U/D Vol ratio | 0.9 |
LTDebt / Equity | |
Alpha | 0.31 |
Beta | 0.32 |
Nitiraj Engineers Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 69.07% | 69.07% | 69.07% | 69.07% |
Individual Investors | 19.59% | 19.55% | 19.4% | 19.5% |
Others | 11.34% | 11.38% | 11.53% | 11.43% |
Nitiraj Engineers Management
Name | Designation |
---|---|
Mr. Rajesh Raghunath Bhatwal | Chairman & Managing Director |
Mrs. Shakuntala Rajesh Bhatwal | Whole Time Director |
Mr. Yi Hung Sin | Whole Time Director |
Mr. Pranit Anil Bangad | Independent Director |
Mr. Deepam Pradeep Shah | Independent Director |
Mr. Avinash Rajaram Chandsarkar | Independent Director |
Nitiraj Engineers Forecast
Price Estimates
Nitiraj Engineers Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-08-14 | Quarterly Results | |
2024-06-18 | Others | To consider other business matters issue in the ratio of 1:4 of Rs. 10/-. |
2024-05-27 | Audited Results | |
2024-02-05 | Quarterly Results | |
2023-05-30 | Audited Results |
Nitiraj Engineers FAQs
What is Share Price of Nitiraj Engineers ?
Nitiraj Engineers share price is ₹229 As on 21 September, 2024 | 06:41
What is the Market Cap of Nitiraj Engineers ?
The Market Cap of Nitiraj Engineers is ₹235.7 Cr As on 21 September, 2024 | 06:41
What is the P/E ratio of Nitiraj Engineers ?
The P/E ratio of Nitiraj Engineers is 24.8 As on 21 September, 2024 | 06:41
What is the PB ratio of Nitiraj Engineers ?
The PB ratio of Nitiraj Engineers is 3 As on 21 September, 2024 | 06:41