NITIRAJ

Nitiraj Engineers Share Price

₹232.66
-6.16 (-2.58%)
18 September, 2024 02:41 BSE: NSE: NITIRAJ ISIN: INE439T01012

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Nitiraj Engineers Performance

Day Range

  • Low 230
  • High 241
₹ 232

52 Week Range

  • Low 101
  • High 303
₹ 232
  • Open Price240
  • Previous Close239
  • Volume7591

Nitiraj Engineers Chart

  • Over 1 Month -9.87%
  • Over 3 Month -3.36%
  • Over 6 Month + 47.21%
  • Over 1 Year + 112.47%

Nitiraj Engineers Key Statistics

P/E Ratio 25.1
PEG Ratio 0
Market Cap Cr
Price to Book Ratio 3
EPS 11.7
Dividend 0
Relative Strength Index 46.99
Money Flow Index 32.8
MACD Signal -9.07
Average True Range 12.19

Nitiraj Engineers Investment Rating

  • Master Rating:
  • Nitiraj Engineers has an operating revenue of Rs. 93.00 Cr. on a trailing 12-month basis. An annual revenue growth of 118% is outstanding, Pre-tax margin of 16% is great, ROE of 15% is good. 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 around 21% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 21% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 21 which is a POOR score indicating inconsistency in earnings, a RS Rating of 77 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 99 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 mediocre 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
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 45320161211
Operating Expenses Qtr Cr 64217131010
Operating Profit Qtr Cr -2104321
Depreciation Qtr Cr 111111
Interest Qtr Cr 000000
Tax Qtr Cr -121000
Net Profit Qtr Cr -272210
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 10147
Operating Expenses Annual Cr 8243
Operating Profit Annual in Cr 184
Depreciation Cr 34
Interest Annual Cr 00
Tax Annual Cr 40
Net Profit Annual Cr 120
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 181
Cash from Investing Activity Annual Cr -130
Cash from Financing Annual Activity Cr -3-1
Net Cash Flow Annual Cr 20
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8068
Fixed Assets Annual Cr 3435
Total Non Current Assets Annual Cr 4344
Total Current Assets Annual Cr 4836
Total Assets Annual Cr 9180
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 7866
ROE Annual % 15-1
ROCE Annual % 200
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 199
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11
Operating Expenses Qtr Cr 10
Operating Profit Qtr Cr 1
Depreciation Qtr Cr 1
Interest Qtr Cr 0
Tax Qtr Cr 0
Net Profit Qtr Cr 0
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 47
Operating Expenses Annual Cr 43
Operating Profit Annual in Cr 4
Depreciation Cr 4
Interest Annual Cr 0
Tax Annual Cr 0
Net Profit Annual Cr 0
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1
Cash from Investing Activity Annual Cr 0
Cash from Financing Annual Activity Cr -1
Net Cash Flow Annual Cr 0
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 68
Fixed Assets Annual Cr 35
Total Non Current Assets Annual Cr 44
Total Current Assets Annual Cr 36
Total Assets Annual Cr 80
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 66
ROE Annual % 0
ROCE Annual % 0
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9

Nitiraj Engineers Technicals

EMA & SMA

Current Price
₹232.66
-6.16 (-2.58%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹234.95
  • 50 Day
  • ₹244.07
  • 100 Day
  • ₹235.08
  • 200 Day
  • ₹205.70
  • 20 Day
  • ₹227.99
  • 50 Day
  • ₹259.69
  • 100 Day
  • ₹243.46
  • 200 Day
  • ₹197.29

Nitiraj Engineers Resistance and Support

PIVOT
₹234.69
Resistance
First Resistance 238.97
Second Resistance 245.28
Third Resistance 249.56
RSI 46.99
MFI 32.80
MACD Single Line -9.07
MACD -6.91
Support
First Support 228.38
Second Support 224.10
Third Supoort 217.79

Nitiraj Engineers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,591 377,273 49.7
Week 6,777 444,462 65.58
1 Month 24,221 1,975,912 81.58
6 Month 12,895 1,143,550 88.68

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. 46.08 Cr. and Equity Capital is Rs. 10.25 Cr. for the Year ended 31/03/2023. 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 245
Sales 93
Shares in Float 0.32
No of funds
Yield
Book Value 3.07
U/D Vol ratio 1.3
LTDebt / Equity
Alpha 0.31
Beta 0.36

Nitiraj Engineers Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 69.07%69.07%69.07%69.07%
Individual Investors 19.59%19.55%19.4%19.5%
Others 11.34%11.38%11.53%11.43%

Nitiraj Engineers Management

Name Designation
Mr. Rajesh Raghunath Bhatwal Chairman & Managing Director
Mrs. Shakuntala Rajesh Bhatwal Whole Time Director
Mr. Yi Hung Sin Whole Time Director
Mr. Pranit Anil Bangad Independent Director
Mr. Deepam Pradeep Shah Independent Director
Mr. Avinash Rajaram Chandsarkar 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
2024-08-14 Quarterly Results
2024-06-18 Others To consider other business matters issue in the ratio of 1:4 of Rs. 10/-.
2024-05-27 Audited Results
2024-02-05 Quarterly Results
2023-05-30 Audited Results

Nitiraj Engineers MF Shareholding

Name Amount(cr)

Nitiraj Engineers FAQs

What is Share Price of Nitiraj Engineers ?

Nitiraj Engineers share price is ₹232 As on 18 September, 2024 | 02:27

What is the Market Cap of Nitiraj Engineers ?

The Market Cap of Nitiraj Engineers is ₹238.5 Cr As on 18 September, 2024 | 02:27

What is the P/E ratio of Nitiraj Engineers ?

The P/E ratio of Nitiraj Engineers is 25.1 As on 18 September, 2024 | 02:27

What is the PB ratio of Nitiraj Engineers ?

The PB ratio of Nitiraj Engineers is 3 As on 18 September, 2024 | 02:27

Q2FY23
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