Nitin Castings Ltd

Nitin Castings Ltd Share Price Today: Live Updates & Key Insights

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Nitin Castings Ltd Share Price Chart

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Nitin Castings Ltd Fundamentals

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Nitin Castings Ltd Share Price Performance

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This section highlights Nitin Castings Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Nitin Castings Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

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Nitin Castings Ltd Traded Volume Movement

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This section highlights Nitin Castings Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

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Nitin Castings Ltd Technical Details

Nitin Castings Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

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Nitin Castings Ltd Corporate Actions

Nitin Castings Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Nitin Castings Ltd’s capital allocation strategies.

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Nitin Castings Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Nitin Castings Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Nitin Castings Ltd's relative performance and valuation against major competitors.

Stock Name Tirupati Forge Ltd ₹37.38 (-1.11%) M. Cap (Cr) 4.57 1 Yr Return (%) -25.48% P/E (TTM) 68.59 PB Ratio 7.76

Stock Name Magna Electro Castings Ltd ₹1041.50 (+1.75%) M. Cap (Cr) 4.41 1 Yr Return (%) +7.38% P/E (TTM) 18.83 PB Ratio 3.63

Stock Name Munish Forge Ltd ₹120.00 (-6.98%) M. Cap (Cr) 2.89 1 Yr Return (%) NaN% P/E (TTM) 20.20 PB Ratio 3.92

Stock Name Nitin Castings Ltd ₹490.85 (+0.76%) M. Cap (Cr) 2.52 1 Yr Return (%) -32.03% P/E (TTM) 17.68 PB Ratio 3.03

Stock Name Kalyani Forge Ltd ₹677.00 (+0.01%) M. Cap (Cr) 2.46 1 Yr Return (%) +44.18% P/E (TTM) 26.27 PB Ratio 2.75

Stock Name Sharp Chucks and Machines Ltd ₹136.40 (+0.48%) M. Cap (Cr) 1.57 1 Yr Return (%) +15.11% P/E (TTM) 19.76 PB Ratio 2.53

Stock Name Krishanveer Forge Ltd ₹141.80 (+1.94%) M. Cap (Cr) 1.55 1 Yr Return (%) +7.91% P/E (TTM) 25.96 PB Ratio 3.65

Nitin Castings Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Nitin Castings Ltd, across its operating activities, investing activities, and financing activities.

Nitin Castings Ltd Shareholding Pattern

This shows the ownership breakdown of Nitin Castings Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

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About Nitin Castings Ltd

Nitin Castings Limited, formerly known as 'Aditya Leasing Limited' and incorporated on December 3, 1982 was changed to Nitin Alloys Global Limited on June 6, 2006 and further to 'Nitin Castings Limited' on January 3, 2017. Nitin Castings, a part of Kedia Group manufactures and sells Alloys Steel Castings. The Company offers centrifugal castings for applications in various industries, such as fertilizers and petrochemicals, industrial furnaces, steel plants, sponge iron plants, and pig iron plants; and high alloy steel castings for heat and corrosion resistant applications. The Company has manufacturing unit at Dadra and Nagar Haveli and is having Machining and Fabrication workshop at Valsad, Gujarat. During year 2007-08, the company expanded by increase in production capacity and commenced commercial production. They entered into the field of manufacturing of Centrifugal Castings by increasing their product range. Thus, the production capacity of Alloy Steel Castings (Static & Centrifugal) increased from 1,200 MT to 3,000 MT.The Company installed a new pilot plant of Investment Castings with the total capacity of 10 M.T. per month, which commenced operations effective on February 28, 2015. During 2015-16, the Company got into a Scheme of Arrangement, approved by Hon'ble High Court of Bombay between Rajshila Construction Private Limited (earlier known as Nitin Castings Private Limited) and their respective Shareholders which envisaged for demerger of Castings Business Undertaking carried out by Rajshila Construction Private Limited (Demerged Company) into the Company as a going concern and vesting of same into Rajshila Construction Private Limited, which became effective on December 15, 2016.In FY 2018-19, Company started a new Fabrication & Machining facility in Vapi, Gujarat to manufacture ready to fit engineering components for the core sector in both India & abroad.

Executive Director

Nirmal B Kedia

Registered office 202 2nd Flr Sanjay Building, No 3 Sir M V Road Andheri (E), Mumbai, Maharashtra, 400059

FAX :91-22-25985900

Background

Incorporation Year 1982

Face Value ₹5.00

Market Lot 1

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