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Nitiraj Engineers NSEI:NITIRAJ Stock Report

Last Price

₹173.45

Market Cap

₹1.8b

7D

3.2%

1Y

141.1%

Updated

27 Mar, 2024

Data

Company Financials

Nitiraj Engineers Limited

NSEI:NITIRAJ Stock Report

Market Cap: ₹1.8b

NITIRAJ Stock Overview

Nitiraj Engineers Limited manufactures and sells various electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic sectors in India and internationally.

NITIRAJ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Nitiraj Engineers Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nitiraj Engineers
Historical stock prices
Current Share Price₹173.45
52 Week High₹196.00
52 Week Low₹69.30
Beta-0.19
1 Month Change-9.07%
3 Month Change50.83%
1 Year Change141.07%
3 Year Change262.87%
5 Year Change370.31%
Change since IPO207.54%

Recent News & Updates

It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Sep 19
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Recent updates

It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Sep 19
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why

Sep 23
Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why

How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?

Feb 22
How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?

Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Jan 02
Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares

Dec 07
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares

Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay

Nov 24
Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay

Shareholder Returns

NITIRAJIN ElectronicIN Market
7D3.2%2.4%2.5%
1Y141.1%54.5%47.3%

Return vs Industry: NITIRAJ exceeded the Indian Electronic industry which returned 55.3% over the past year.

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

Price Volatility

Is NITIRAJ's price volatile compared to industry and market?
NITIRAJ volatility
NITIRAJ Average Weekly Movement7.2%
Electronic Industry Average Movement5.9%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: NITIRAJ's share price has been volatile over the past 3 months.

Volatility Over Time: NITIRAJ's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989259Rajesh Bhatwalhttps://www.nitiraj.net

Nitiraj Engineers Limited manufactures and sells various electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic sectors in India and internationally. It operates through Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales segments. The company offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial weighing, baby weighing, person weighing, mother and child weighing, adult weighing, body mass index, and kitchen scales; and analytical weighing balances, special application indicators, currency counting machines, taxi and rickshaw fare meters, and security and access control products.

Nitiraj Engineers Limited Fundamentals Summary

How do Nitiraj Engineers's earnings and revenue compare to its market cap?
NITIRAJ fundamental statistics
Market cap₹1.78b
Earnings (TTM)₹46.18m
Revenue (TTM)₹592.33m

38.5x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NITIRAJ income statement (TTM)
Revenue₹592.33m
Cost of Revenue₹304.64m
Gross Profit₹287.69m
Other Expenses₹241.50m
Earnings₹46.18m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.51
Gross Margin48.57%
Net Profit Margin7.80%
Debt/Equity Ratio0.2%

How did NITIRAJ perform over the long term?

See historical performance and comparison
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