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Nitin Castings Ltd PE Ratio

Nitin Castings Ltd PE Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

0.6 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 23, 2024

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Nitin Castings Ltd

NSE: NITINCASTINGS

PE

23.2

Last updated on: Nov 23, 2024

Key Highlights

  • The P/E Ratio of Nitin Castings Ltd is 23.2 as of 23 Nov 10:27 AM .
  • The P/E Ratio of Nitin Castings Ltd changed from 16.7 on March 2019 to 26.3 on March 2024 . This represents a CAGR of 7.86% over 6 years.
  • The Latest Trading Price of Nitin Castings Ltd is ₹ 691.25 as of 22 Nov 15:30 .
  • The PE Ratio of Castings, Forgings & Fastners Industry has changed from 22.8 to 26.2 in 5 years. This represents a CAGR of 2.82%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Castings, Forgings & Fastners industry is 38.1. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Nitin Castings Ltd

No data available

Company Fundamentals for Nitin Castings Ltd

No data available

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Nitin Castings Ltd

NSE: NITINCASTINGS

Share Price

₹ 691.25

-13.55 (-1.92%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Nitin Castings Ltd

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Monitoring Nitin Castings Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 2024691.25
21 Nov 2024704.8
19 Nov 2024704.85
18 Nov 2024686.1
14 Nov 2024690.35
13 Nov 2024690.95
12 Nov 2024709.55
11 Nov 2024715
08 Nov 2024715
07 Nov 2024719.45

BlinkX Score for Nitin Castings Ltd

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Profitability

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Asset Value vs Market Value of Nitin Castings Ltd

Market Value

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Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Nitin Castings Ltd23355
Bharat Forge Ltd5861,262
AIA Engineering Ltd3032,227
PTC Industries Ltd39417,764
Ramkrishna Forgings Ltd4717,434
CIE Automotive India Ltd2117,278

Key Valuation Metric of Nitin Castings Ltd

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PE Ratio of Castings, Forgings & Fastners Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Nitin Castings Ltd

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* All values are in crore

Historical Revenue of Nitin Castings Ltd

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* All values are in crore

Historical EBITDA of Nitin Castings Ltd

No data available

* All values are in crore

Historical Net Profit of Nitin Castings Ltd

No data available

* All values are in crore

Historical Dividend Payout of Nitin Castings Ltd

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* All values are in %

About 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.

Nitin Castings Ltd News Hub

News

Nitin Castings standalone net profit rises 9.09% in the June 2024 quarter

Net profit of Nitin Castings rose 9.09% to Rs 3.96 crore in the quarter ended June 2024 as...

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2024-08-14 00:00:00

News

Nitin Castings to declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 August 2...

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2024-08-12 00:00:00

News

Nitin Castings schedules AGM

Nitin Castings announced that the 41th Annual General Meeting (AGM) of the company will be...

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2024-09-06 00:00:00

News

Nitin Castings declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 November...

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2024-11-12 00:00:00

News

Nitin Castings standalone net profit rises 31.66% in the September 2024 quarter

Net profit of Nitin Castings rose 31.66% to Rs 4.20 crore in the quarter ended September 2...

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2024-11-14 00:00:00

Product Composition

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FAQs for PE of Nitin Castings Ltd

What is the current PE Ratio of Nitin Castings Ltd?

The Current PE Ratio of Nitin Castings Ltd is 23.2 as on 23 Nov 2024.

What is the average PE Ratio of the Castings, Forgings & Fastners industry?

The average industry PE Ratio of Castings, Forgings & Fastners is 38.1 as on 23 Nov 2024.

What was the PE Ratio of Nitin Castings Ltd last year?

The PE Ratio of Nitin Castings Ltd was 25.82 last year, now the PE ratio is 23.2, showing a year-on-year growth of -10.1%.

What does the PE Ratio of Nitin Castings Ltd indicate about its stock?

The PE Ratio of Nitin Castings Ltd is 23.2. This ratio indicates that investors are willing to pay 23.2 times the earnings per share for each share of Nitin Castings Ltd.

What is the PE Ratio Growth of Nitin Castings Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Nitin Castings Ltd grew by -10.1% whereas, the EPS ratio grew by 6.1.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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