NITIRAJ

NITIRAJ ENGINEERS

Small Cap NSE: NITIRAJ
₹74.85
0.4 (0.54%)
As on 10 December, 2022 | 08:56

Nitiraj Engineers Performance

Day Range

  • Low
  • High

52 Week Range

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

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Nitiraj Engineers Share Price

Nitiraj Engineers Share Returns

  • Over 1 Month -1.32%
  • Over 3 Month -6.73%
  • Over 6 Month 15.15%
  • Over 1 Year 16.5%

Nitiraj Engineers Key Statistics

Nitiraj Engineers Investment Rating

  • Master Rating:
  • Nitiraj Engineers has an operating revenue of Rs. 49.21 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 below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 9 which is a GOOD score indicating consistency in earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 58 indicates it belongs to a fair industry group of Machinery-Gen Industrial and a Master Score of D is close to being the worst. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Nitiraj Engineers Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 16714129516
Operating Expenses Qtr Cr 15714118515
Operating Profit Qtr Cr 1101102
Depreciation Qtr Cr 1111111
Interest Qtr Cr 0000000
Tax Qtr Cr 00-10000
Net Profit Qtr Cr 00-30001

Nitiraj Engineers Technicals

EMA & SMA

Current Price
74.85
0.4 (0.54%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 74.14
  • 50 Day
  • 75.29
  • 100 Day
  • 75.43
  • 200 Day
  • 73.07
  • 20 Day
  • 73.62
  • 50 Day
  • 75.83
  • 100 Day
  • 77.2
  • 200 Day
  • 74.1

Nitiraj Engineers Resistance and Support

PIVOT
₹75.
Resistance
First Resistance 75.95
Second Resistance 77.45
Third Resistance 78.41
RSI 51.73
MFI 42.35
MACD Single Line -0.88
MACD -0.49
Support
First Resistance 73.5
Second Resistance 72.55
Third Resistance 71.05

Nitiraj Engineers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 746 40,403 54.16
Week 913 46,017 50.38
1 Month 1,070 60,455 56.49
6 Month 6,084 356,194 58.55

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. 53.82 Cr. and Equity Capital is Rs. 10.25 Cr. for the Year ended 31/03/2021. 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 77
Sales 49
Shares in Float 0.32
No of funds 1
Yield
Book Value 1.12
U/D Vol ratio 0.5
LTDebt / Equity
Alpha 0.11
Beta 0.83

Nitiraj Engineers

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 69.07%69.07%69.07%
Foreign Portfolio Investors
Individual Investors 19.21%
Others 11.72%30.93%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
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/-.
2022-05-12 Audited Results
2022-02-14 Quarterly Results

Nitiraj Engineers FAQs

What is Share Price of Nitiraj Engineers ?

Nitiraj Engineers share price is ₹74 As on 10 December, 2022 | 08:42

What is the Market Cap of Nitiraj Engineers ?

The Market Cap of Nitiraj Engineers is ₹76.7 Cr As on 10 December, 2022 | 08:42

What is the P/E ratio of Nitiraj Engineers ?

The P/E ratio of Nitiraj Engineers is -21.2 As on 10 December, 2022 | 08:42

What is the PB ratio of Nitiraj Engineers ?

The PB ratio of Nitiraj Engineers is 1.1 As on 10 December, 2022 | 08:42

Q2FY23