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Nitin Castings Ltd

(508875)

₹704.80.01%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Nitin Castings Ltd Performance

  • Day's Low

    Day's High

    ₹690
    ₹799
  • 52 Week's Low

    52 Week's High

    ₹468
    ₹885
1 Month Return-0.04 %
3 Month Return-6.07 %
1 Year Return+ 39.27 %
Previous Close₹704.85
Open₹704.80
Volume945.00
Upper Circuit-
Lower Circuit-
Market Cap₹362.39Cr

Nitin Castings Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹362.39 Cr
P/B Ratio4.45
EPS0
Dividend Yield0
SectorCastings, Forgings & Fastners
ROE21.08

Nitin Castings Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹362.39 Cr180.38%0.53NANA
BUY₹10,183.55 Cr0.97%0.54₹242 Cr₹1,358 Cr
NA₹339.42 Cr14.09%0.57₹9 Cr₹94 Cr
NA₹13.25 Cr79.59%0.86NANA
NA₹4,933.27 Cr9.6%0.78-₹121 Cr₹1,415 Cr

About Nitin Castings Ltd

Nitin Alloys Global Ltd (formerly Nitin Alloys Global Limited) is a part of the Kedia Group with extensive experience in the manufacturing industry. Founded in 1982 as Aditya Leasing Ltd, the name of the company changed to its current one in 2006 and they have since then been producing and selling alloys steel castings for various industrial applications in fields such as fertilizers, petrochemicals, industrial furnaces, steel plants, sponge iron plants and pig iron plants. In 2007-8, they increased their production capacity from 1200 MT to 3000 MT. In 2015-16, the company was successful in acquiring a going concern ‘Castings Business Undertaking’ of Rajshila Construction Private Limited and their capacity to producing alloys steel castings rose a further 10 M.T. per month. Today, Nitin Alloys Global Ltd is committed to delivering a broad range of high-quality and corrosion-resistant alloys steel castings.

Share Price: ₹704.80 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹362.39Cr as of today
Chairperson Name: Nitin S Kedia
OrganisationNitin Castings Ltd
HeadquartersThane (West)
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Insights on Nitin Castings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, Nitin Castings has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, Nitin Castings stock has moved up by 705.5%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, Nitin Castings has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.39% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 28.61% of holdings in Sep 2024 quarter

Nitin Castings Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹66.81Cr (-)₹78.16Cr (↑16.99%)₹92.15Cr (↑17.90%)₹109.68Cr (↑19.02%)
Total Liabilities₹16.52Cr (-)₹22.94Cr (↑38.86%)₹32.23Cr (↑40.50%)₹37.98Cr (↑17.84%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹9.69Cr (-)₹15.27Cr (↑57.59%)₹1.06Cr (↓93.06%)₹0.90Cr (↓15.09%)₹17.40Cr (↑1,833.33%)
0

Nitin Castings Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.39%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
28.61%
0.00
Others
0%
0.00

Nitin Castings Ltd Key Indicators

Details20202021202220232024
Return On Equity %2.826.719.788.4921.08

Nitin Castings Ltd Earnings and Dividends

  • Nitin Castings Ltd Earnings Results

    Nitin Castings Ltd’s net profit jumped 31.66% since last year same period to ₹4.20Cr in the Q2 2024-2025. On a quarterly growth basis, Nitin Castings Ltd has generated 6.06% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Nitin Castings Ltd Dividends May,2024

    In the quarter ending March 2024, Nitin Castings Ltd has declared dividend of ₹3 - translating a dividend yield of 0.53%.

    Read More about Dividends

Nitin Castings Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Nitin Castings Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Nitin Castings Ltd (508875) share price today is ₹704.8

Nitin Castings Ltd is not listed on NSE

Nitin Castings Ltd is listed on BSE

  • Today’s highest price of Nitin Castings Ltd is ₹799.
  • Today’s lowest price of Nitin Castings Ltd is ₹690.

Today’s traded volume of Nitin Castings Ltd(508875) is 945.00.

Today’s market capitalisation of Nitin Castings Ltd(508875) is ₹362.39Cr.

Nitin Castings Ltd(508875Price
52 Week High
₹885
52 Week Low
₹468

Nitin Castings Ltd(508875) share price is ₹704.8. It is down -20.36% from its 52 Week High price of ₹885

Nitin Castings Ltd(508875) share price is ₹704.8. It is up 50.60% from its 52 Week Low price of ₹468

Nitin Castings Ltd(508875Returns
1 Day Returns
-0.05%
1 Month Returns
-0.04%
3 Month Returns
-6.07%
1 Year Returns
39.27%