NITCO
₹30.1
1.4 (4.88%)
As on 29 November, 2023 | 00:02 BSE: 532722 NSE: NITCOISIN: INE858F01012

Nitco Performance

Day Range

  • Low 28.7
  • High 30.1
30.1

52 Week Range

  • Low 16.7
  • High 34.35
30.1
  • Open Price29
  • Previous Close28.7
  • Volume277238

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Nitco Share Price

  • Over 1 Month 57.18%
  • Over 3 Month 69.1%
  • Over 6 Month 66.3%
  • Over 1 Year 30.59%

Nitco Key Statistics

P/E Ratio -1.5
PEG Ratio -1.6
Market Cap Cr 216
Price to Book Ratio -0.6
EPS -18.8
Dividend 0
Relative Strength Index 63.6
Money Flow Index 20.18
MACD Signal 2.12
Average True Range 1.81

Nitco Investment Rating

  • Master Rating:
  • Nitco has an operating revenue of Rs. 391.48 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of -39% needs improvement, NULL The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 41% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 35 which is a POOR score indicating inconsistency in earnings, a RS Rating of 74 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 88 indicates it belongs to a poor industry group of Bldg-Constr Prds/Misc and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. 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

Nitco Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 81921051127491120
Operating Expenses Qtr Cr 83971211158598134
Operating Profit Qtr Cr -2-5-16-2-11-7-14
Depreciation Qtr Cr 7777777
Interest Qtr Cr 24221919191716
Tax Qtr Cr 0000000
Net Profit Qtr Cr -32-33-42-34-36-39-37
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 386416
Operating Expenses Annual Cr 419448
Operating Profit Annual in Cr -37-39
Depreciation Cr 2930
Interest Annual Cr 7364
Tax Annual Cr 00
Net Profit Annual Cr -151-126
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 6
Cash from Investing Activity Annual Cr 4
Cash from Financing Annual Activity Cr -10
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -346-45
Fixed Assets Annual Cr 339366
Total Non Current Assets Annual Cr 397422
Total Current Assets Annual Cr 391419
Total Assets Annual Cr 788841
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -48-27
ROE Annual % 00
ROCE Annual % 43-793
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -9-8
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 81921061137491121
Operating Expenses Qtr Cr 83971221158698135
Operating Profit Qtr Cr -2-5-16-2-12-7-14
Depreciation Qtr Cr 7777777
Interest Qtr Cr 24221919191716
Tax Qtr Cr 0000000
Net Profit Qtr Cr -32-33-42-34-36-39-37
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 388418
Operating Expenses Annual Cr 421450
Operating Profit Annual in Cr -37-39
Depreciation Cr 2930
Interest Annual Cr 7364
Tax Annual Cr 00
Net Profit Annual Cr -151-126
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 6
Cash from Investing Activity Annual Cr 4
Cash from Financing Annual Activity Cr -10
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -349-48
Fixed Assets Annual Cr 342369
Total Non Current Assets Annual Cr 396422
Total Current Assets Annual Cr 422449
Total Assets Annual Cr 818871
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -51-30
ROE Annual % 00
ROCE Annual % 38473
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -9-8

Nitco Technicals

EMA & SMA

Current Price
₹30.1
1.4 (4.88%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹27.38
  • 50 Day
  • ₹24.25
  • 100 Day
  • ₹22.25
  • 200 Day
  • ₹21.59
  • 20 Day
  • ₹27.9
  • 50 Day
  • ₹22.81
  • 100 Day
  • ₹20.88
  • 200 Day
  • ₹20.32

Nitco Resistance and Support

PIVOT
₹29.64
Resistance
First Resistance ₹30.57
Second Resistance ₹31.04
Third Resistance ₹31.97
RSI 63.6
MFI 20.18
MACD Single Line 2.12
MACD 1.94
Support
First Resistance ₹29.17
Second Resistance ₹28.24
Third Resistance ₹27.77

Nitco Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 295,898 29,589,800 100
Week 174,837 17,483,650 100
1 Month 1,582,200 78,144,870 49.39
6 Month 611,944 34,501,378 56.38

Nitco Result Highlights

Nitco Synopsis

NSE-Bldg-Constr Prds/Misc

Nitco Ltd. is involved in the business activities of Manufacture of ceramic products. Company’s Total Operating Revenue is Rs. 381.67 Cr. and Equity Capital is Rs. 71.86 Cr. for the Year ended 31/03/2023. Nitco Ltd. is a Public Limited Listed company incorporated on 25/07/1966 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L26920MH1966PLC016547 and registration number is 016547.
Market Cap 216
Sales 390
Shares in Float 3.38
No of funds 2
Yield
Book Value 3.94
U/D Vol ratio 2.7
LTDebt / Equity
Alpha 0.1
Beta 1.71

Nitco

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 53.02%53.02%53.02%53.02%
Foreign Portfolio Investors 0.02%
Financial Institutions/ Banks 16.07%22.93%23.66%23.88%
Individual Investors 26.83%18.51%17.15%16.88%
Others 4.06%5.54%6.17%6.22%

Nitco Management

Name Designation
Mr. Vivek Talwar Chairman & Managing Director
Mr. Siddharth Kothari Independent Director
Mr. Sharath Bolar Independent Director
Mrs. Bharti Dhar Independent Director
Mr. Vivek Grover Nominee Director
Mr. Rakesh Kashimpuria Nominee Director

Nitco Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Nitco Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-12 Quarterly Results
2023-05-30 Audited Results
2023-02-13 Quarterly Results
2022-11-22 Quarterly Results

Nitco FAQs

What is Share Price of Nitco ?

Nitco share price is ₹30 As on 28 November, 2023 | 23:48

What is the Market Cap of Nitco ?

The Market Cap of Nitco is ₹216.3 Cr As on 28 November, 2023 | 23:48

What is the P/E ratio of Nitco ?

The P/E ratio of Nitco is -1.5 As on 28 November, 2023 | 23:48

What is the PB ratio of Nitco ?

The PB ratio of Nitco is -0.6 As on 28 November, 2023 | 23:48

Q2FY23