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Nitin Castings BSE:508875 Stock Report

Last Price

₹623.00

Market Cap

₹3.2b

7D

12.3%

1Y

163.8%

Updated

27 Mar, 2024

Data

Company Financials

508875 Stock Overview

Nitin Castings Limited manufactures and sells alloy steel castings in India and internationally.

508875 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Nitin Castings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nitin Castings
Historical stock prices
Current Share Price₹623.00
52 Week High₹697.80
52 Week Low₹214.50
Beta-0.10
1 Month Change6.81%
3 Month Change25.23%
1 Year Change163.82%
3 Year Change913.01%
5 Year Change691.11%
Change since IPO6,880.39%

Recent News & Updates

Recent updates

Shareholder Returns

508875IN Metals and MiningIN Market
7D12.3%3.6%2.5%
1Y163.8%44.9%47.3%

Return vs Industry: 508875 exceeded the Indian Metals and Mining industry which returned 45.2% over the past year.

Return vs Market: 508875 exceeded the Indian Market which returned 48.6% over the past year.

Price Volatility

Is 508875's price volatile compared to industry and market?
508875 volatility
508875 Average Weekly Movement8.5%
Metals and Mining Industry Average Movement7.1%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: 508875 has not had significant price volatility in the past 3 months.

Volatility Over Time: 508875's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1964209Nitin Kediahttps://www.nitincastings.com

Nitin Castings Limited manufactures and sells alloy steel castings in India and internationally. It offers immersion/dip tubes, bimetallic rollers, grate plates, hammers and diaphragm liners, tip casting blocks/sectors, and flaps and diaphragm plates for cement plants; and grate bars, tip casting blocks, upper and lower side walls, screen size rollers, chain links, side plates, locking clits, and press boards/side boards/stripper plates for steel plants. The company provides reformer tubes, process gas-heater tubes, burden feeder shafts, feed legs, etc. for DRI plants; products for coal-based sponge iron plants; upper and lower burden feeder probes, and breaker disk and lugs for burden feeder shafts for blast furnaces; galvanizing and cold rolling mill products; products for industrial, heat treatment, and re-heating furnaces; and casting products for fertilizer, refinery, and petrochemical industries.

Nitin Castings Limited Fundamentals Summary

How do Nitin Castings's earnings and revenue compare to its market cap?
508875 fundamental statistics
Market cap₹3.20b
Earnings (TTM)₹81.80m
Revenue (TTM)₹1.38b

39.2x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
508875 income statement (TTM)
Revenue₹1.38b
Cost of Revenue₹1.09b
Gross Profit₹290.73m
Other Expenses₹208.94m
Earnings₹81.80m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)15.91
Gross Margin21.03%
Net Profit Margin5.92%
Debt/Equity Ratio16.5%

How did 508875 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

8%

Payout Ratio
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