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Nitin Castings Share Price

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NSEBSE
Stock not traded

641.7521.20 (3.42%)

12:00 AM,16th Apr 2024

BSE : 508875

NSE :

Sector : Engineering

ISIN Code : INE861H01020

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Last Updated: Apr 16 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

5

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

Invalid date

Nitin Castings Ltd

Nitin Alloys Global Ltd (Formerly known Nitin Alloys Global Limited) 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. Nitin Alloys Global Ltd a part of the Kedia group was formed on 3rd December 1982 with the name Aditya Leasing Ltd. The name of the company was changed from Aditya Leasing Ltd to Nitin Alloys Global Ltd with effect from June 6 2006. During the year 2007-08 the company completed the expansion process of their increase in production capacity and commenced commercial prodcution. 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 1200 MT to 3000 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 28th Feb' 15. 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 on a going concern basis and vesting of same into Rajshila Construction Private Limited (the Resulting Company) which was made effective on 15th December 2016.

Nitin Castings Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

329

EPS - TTM (₹) [S]

20.44

P/E Ratio (X) [S]

4.97

Face Value (₹) 5
Latest Dividend (%)15.00
Latest Dividend Date 10 Aug 2023
Dividend Yield (%) 0.12
Book Value Share (₹) [S]129.04
P/B Ratio (₹) [S]4.97
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

592.65

689.85

Week Low/High

592.65

690.00

Month Low/High

540.60

690.00

Year Low/High

231.00

698.00

All time Low/High

1.38

698.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week1.09%%-2.33-2.19%
1 Month8.77%%0.410.57%
3 Month27.26%%-0.250.52%
6 Month36.30%%10.2412.24%
1 Year155.37%%20.7124.23%
3 Year997.01%%49.3851.51%

Company Info

Company Information

Executive Director : Nirmal B Kedia

Chairman & Managing Director : Nitin S Kedia

Independent Director : Arvind B Jalan

Executive Director : Nipun N Kedia

Independent Director : Preeti

Company Sec. & Compli. Officer : Ishan Verma

Registered Office: 202 2nd Flr Sanjay Building, No 3 Sir M V Road Andheri (E),Mumbai,Maharashtra-400059 Ph: 91-22-25985900

Email:naglmumbai@gmail.com; finance@nitincastings.com

URL:http://www.nitincastings.com