Pitti Engineering
Pitti Engineering Performance
Day Range
- Low 653.45
- High 681.90
52 Week Range
- Low 255.60
- High 734.65
- Open Price655.00
- Previous Close652.50
- Volume210362
Start SIP in Pitti Engineering
Start SIPPitti Engineering Investment Rating
-
Master Rating:
-
Pitti Engineering has an operating revenue of Rs. 1,065.53 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a reasonable debt to equity of 36%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 44% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -0% 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 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 87 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 290 | 290 | 248 | 238 | 304 | 311 | 271 |
Operating Expenses Qtr Cr | 248 | 247 | 207 | 199 | 268 | 275 | 236 |
Operating Profit Qtr Cr | 43 | 42 | 41 | 39 | 37 | 35 | 35 |
Depreciation Qtr Cr | 12 | 13 | 13 | 11 | 11 | 10 | 11 |
Interest Qtr Cr | 11 | 12 | 10 | 12 | 12 | 11 | 12 |
Tax Qtr Cr | 9 | 5 | 9 | 5 | 4 | 3 | 7 |
Net Profit Qtr Cr | 23 | 14 | 25 | 12 | 10 | 12 | 20 |
Pitti Engineering Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹679.49
- 50 Day
- ₹655.81
- 100 Day
- ₹594.94
- 200 Day
- ₹506.79
- 20 Day
- ₹688.10
- 50 Day
- ₹660.96
- 100 Day
- ₹590.43
- 200 Day
- ₹458.02
Pitti Engineering Resistance and Support
Resistance | |
---|---|
First Resistance | 676.52 |
Second Resistance | 693.43 |
Third Resistance | 704.97 |
RSI | 43.12 |
MFI | 73.12 |
MACD Single Line | 6.61 |
MACD | -1.04 |
Support | |
---|---|
First Resistance | 648.07 |
Second Resistance | 636.53 |
Third Resistance | 619.62 |
Pitti Engineering Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 222,517 | 9,675,039 | 43.48 |
Week | 139,551 | 6,789,168 | 48.65 |
1 Month | 147,142 | 6,978,965 | 47.43 |
6 Month | 205,851 | 8,936,013 | 43.41 |
Pitti Engineering Result Highlights
Pitti Engineering Synopsis
NSE-Electrical-Power/Equipmt
Pitti Engineering is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1100.17 Cr. and Equity Capital is Rs. 16.03 Cr. for the Year ended 31/03/2023. Pitti Engineering Ltd. is a Public Limited Listed company incorporated on 17/09/1983 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L29253TG1983PLC004141 and registration number is 004141.Market Cap | 2,114 |
Sales | 1,066 |
Shares in Float | 1.31 |
No of funds | 9 |
Yield | 0.41 |
Book Value | 6.33 |
U/D Vol ratio | 1.4 |
LTDebt / Equity | 36 |
Alpha | 0.3 |
Beta | 1.02 |
Pitti Engineering
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 59.29% | 59.29% | 59.29% | 59.29% |
Mutual Funds | 2.37% | 3.01% | 3.07% | 2.88% |
Insurance Companies | 1.87% | 1.87% | 1.87% | 1.85% |
Foreign Portfolio Investors | 0.13% | 0.19% | 0.1% | |
Individual Investors | 25.3% | 24.81% | 25.87% | 26.7% |
Others | 11.04% | 10.83% | 9.9% | 9.18% |
Pitti Engineering Management
Name | Designation |
---|---|
Mr. Sharad B Pitti | Chairman & Managing Director |
Mr. Akshay S Pitti | Vice Chairman & Mng.Director |
Mr. N R Ganti | Ind. Non-Executive Director |
Mr. G Vijaya Kumar | Ind. Non-Executive Director |
Mr. M Gopalakrishna | Ind. Non-Executive Director |
Ms. Gayathri Ramachandran | Ind. Non-Executive Director |
Mr. S Thiagarajan | Ind. Non-Executive Director |
Pitti Engineering Forecast
Price Estimates
Pitti Engineering Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-09 | Quarterly Results | |
2023-08-14 | Quarterly Results | |
2023-05-29 | Audited Results & Final Dividend | |
2023-02-14 | Quarterly Results & Interim Dividend | |
2022-11-11 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2023-02-24 | INTERIM | Rs.1.50 per share(30%)Interim Dividend |
2022-02-21 | INTERIM | Rs.0.40 per share (8%) Third Interim Dividend |
2021-11-18 | INTERIM | Re.0.40 per share (8%) Second Interim Dividend |
2021-08-17 | INTERIM | Rs.0.38 per share(7.5%)Interim Dividend |
Pitti Engineering FAQs
What is Share Price of Pitti Engineering ?
Pitti Engineering share price is ₹659 As on 02 December, 2023 | 19:44
What is the Market Cap of Pitti Engineering ?
The Market Cap of Pitti Engineering is ₹2114 Cr As on 02 December, 2023 | 19:44
What is the P/E ratio of Pitti Engineering ?
The P/E ratio of Pitti Engineering is 28.8 As on 02 December, 2023 | 19:44
What is the PB ratio of Pitti Engineering ?
The PB ratio of Pitti Engineering is 6.3 As on 02 December, 2023 | 19:44