NITIRAJ

NITIRAJ ENGINEERS

Small Cap BSE: nitiraj NSE: NITIRAJ
₹76.35
0.7 (0.93%)
As on 07 October, 2022 | 04:12

Nitiraj Engineers Share Price

Nitiraj Engineers Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in NITIRAJ ENGINEERS

Start SIP

Nitiraj Engineers Share Returns

  • Over 1 Month -4.36%
  • Over 3 Month 6.44%
  • Over 6 Month 0.85%
  • Over 1 Year 71.43%

Nitiraj Engineers Key Statistics

P/E Ratio -22.9
PEG Ratio 0.1
Market Cap Cr 78
Price to Book Ratio 1.2
EPS -0.2
Dividend 0
Relative Strength Index 47.68
Money Flow Index 72.26
MACD Signal -0.55
Average True Range 3.2

Nitiraj Engineers Investment Rating

  • Master Rating:
  • Nitiraj Engineers has an operating revenue of Rs. 42.14 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 8 which is a FAIR score but needs to improve its earnings, a RS Rating of 65 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 26 indicates it belongs to a strong industry group of Machinery-Gen Industrial and a Master Score of D is close to being the worst. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Nitiraj Engineers Financials
IndicatorJun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 714129516
Operating Expenses Qtr Cr 714118515
Operating Profit Qtr Cr 101102
Depreciation Qtr Cr 111111
Interest Qtr Cr 000000
Tax Qtr Cr 0-10000
Net Profit Qtr Cr 0-30001

Nitiraj Engineers Technicals

EMA & SMA

Current Price
76.8
1.15 (1.52%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 77.29
  • 50 Day
  • 77.25
  • 100 Day
  • 75.81
  • 200 Day
  • 73.87
  • 20 Day
  • 77.86
  • 50 Day
  • 78.67
  • 100 Day
  • 74
  • 200 Day
  • 73.86

Nitiraj Engineers Resistance and Support

PIVOT
₹75.72
Resistance
First Resistance 75.94
Second Resistance 76.22
Third Resistance 76.44
RSI 47.68
MFI 72.27
MACD Single Line -0.55
MACD -0.8
Support
First Resistance 75.44
Second Resistance 75.22
Third Resistance 74.94

Nitiraj Engineers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,845 126,198 68.4
Week 2,197 132,457 60.29
1 Month 6,527 297,718 45.61
6 Month 15,751 837,308 53.16

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 79
Sales 42
Shares in Float 0.32
No of funds
Yield
Book Value 1.15
U/D Vol ratio 1.4
LTDebt / Equity
Alpha 0.31
Beta 0.77

Nitiraj Engineers

Owner NameJun-22Mar-22Dec-21
Promoters 69.07%69.07%69.07%
Others 30.93%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
2022-08-13 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
2022-01-17 Others To consider and discuss set up of new commercial unit of company and business plan. 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 ₹76 As on 07 October, 2022 | 03:58

What is the Market Cap of Nitiraj Engineers ?

The Market Cap of Nitiraj Engineers is ₹78.3 Cr As on 07 October, 2022 | 03:58

What is the P/E ratio of Nitiraj Engineers ?

The P/E ratio of Nitiraj Engineers is -22.9 As on 07 October, 2022 | 03:58

What is the PB ratio of Nitiraj Engineers ?

The PB ratio of Nitiraj Engineers is 1.2 As on 07 October, 2022 | 03:58

Q1FY23