NITIRAJ

Nitiraj Engineers Share PriceNitiraj Engineers

₹77.45
2.25 (2.99%)
As on 01 June, 2023 | 16:54 BSE: NSE: NITIRAJ

Nitiraj Engineers Performance

Day Range

  • Low
  • High
77.45

52 Week Range

  • Low
  • High
77.45
  • Open Price
  • Previous Close
  • Volume

Start SIP in Nitiraj Engineers

Start SIP

Nitiraj Engineers Share Price

  • Over 1 Month 5.09%
  • Over 3 Month 8.17%
  • Over 6 Month 5.3%
  • Over 1 Year 11.44%

Nitiraj Engineers Key Statistics

P/E Ratio -345.5
PEG Ratio -3.7
Market Cap Cr 79
Price to Book Ratio
EPS -0.3
Dividend 0
Relative Strength Index 51.96
Money Flow Index 29.25
MACD Signal 0.66
Average True Range 3.5

Nitiraj Engineers Investment Rating

  • Master Rating:
  • Nitiraj Engineers has an operating revenue of Rs. 48.29 Cr. on a trailing 12-month basis. An annual revenue de-growth of -26% needs improvement, Pre-tax margin of -11% needs improvement, ROE of -5% is poor and needs improvement. 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 close to its key moving averages, around 2% and -0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 25% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 36 which is a POOR score indicating inconsistency in earnings, a RS Rating of 46 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 63 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Nitiraj Engineers Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 111116714
Operating Expenses Qtr Cr 101015714
Operating Profit Qtr Cr 11110
Depreciation Qtr Cr 11111
Interest Qtr Cr 00000
Tax Qtr Cr 0000-1
Net Profit Qtr Cr 0000-3

Nitiraj Engineers Technicals

EMA & SMA

Current Price
₹77.45
2.25 (2.99%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹75
  • 50 Day
  • ₹74.07
  • 100 Day
  • ₹73.92
  • 200 Day
  • ₹73.54
  • 20 Day
  • ₹75.21
  • 50 Day
  • ₹73.04
  • 100 Day
  • ₹73.71
  • 200 Day
  • ₹75.21

Nitiraj Engineers Resistance and Support

PIVOT
₹76.35
Resistance
First Resistance ₹77.85
Second Resistance ₹80.5
Third Resistance ₹82
RSI 51.96
MFI 29.25
MACD Single Line 0.66
MACD 0.63
Support
First Resistance ₹73.7
Second Resistance ₹72.2
Third Resistance ₹69.55

Nitiraj Engineers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,187 118,098 54
Week 15,307 1,287,455 84.11
1 Month 22,310 1,008,612 45.21
6 Month 20,301 860,377 42.38

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. 39.63 Cr. and Equity Capital is Rs. 10.25 Cr. for the Year ended 31/03/2022. 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 79
Sales 48
Shares in Float 0.32
No of funds
Yield
Book Value 1.13
U/D Vol ratio 1.9
LTDebt / Equity
Alpha 0.02
Beta 0.5

Nitiraj Engineers

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 69.07%69.07%69.07%69.07%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors 18.81%19.07%19.21%
Others 12.12%11.86%11.72%30.93%

Nitiraj Engineers Management

Name Designation
Mr. Rajesh Raghunath Bhatwal Chairman & Managing Director
Mrs. Shakuntala Rajesh Bhatwal Whole Time Director
Mr. Hung Sin Chung Huanyi Whole Time Director
Mr. Anil Nandkishor Bangad Independent Director
Mr. Pradeep Chandrakant Shah Independent Director
Mr. Shabbir Sadruddin Masani Independent Director

Nitiraj Engineers Forecast

Price Estimates

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

Other Analyst Rating

Nitiraj Engineers Corporate Action

Date Purpose Remarks
2023-05-30 Audited Results
2023-01-23 Quarterly Results
2022-11-12 Quarterly Results
2022-08-13 Quarterly Results
2022-07-12 Others Other business matters issue in the ratio of 1:4 of Rs. 10/-.

Nitiraj Engineers FAQs

What is Share Price of Nitiraj Engineers ?

Nitiraj Engineers share price is ₹77 As on 01 June, 2023 | 16:40

What is the Market Cap of Nitiraj Engineers ?

The Market Cap of Nitiraj Engineers is ₹79.4 Cr As on 01 June, 2023 | 16:40

What is the P/E ratio of Nitiraj Engineers ?

The P/E ratio of Nitiraj Engineers is -345.5 As on 01 June, 2023 | 16:40

What is the PB ratio of Nitiraj Engineers ?

The PB ratio of Nitiraj Engineers is As on 01 June, 2023 | 16:40

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number