Nitin Castings Ltd (NITN)

BSE
Currency in INR
649.00
+38.55(+6.32%)
Delayed Data
NITN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
649.00660.00
52 wk Range
470.50885.00
Nitin Castings Ltd is currently considered to be OvervaluedExplore our list of undervalued stocks for hidden opportunities
Key Statistics
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Bid/Ask
611.50 / 649.00
Prev. Close
610.45
Open
660
Day's Range
649-660
52 wk Range
470.5-885
Volume
67
Average Volume (3m)
373
1-Year Change
9.17%
Fair Value
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Fair Value Upside
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Company’s Health
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Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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Nitin Castings Company Profile

Nitin Castings Limited manufactures, sells, and exports 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 also provides reformer tubes, process gas heater tubes, burden feeder shafts, feed legs, etc. for DRI plants; air injection and feed tubes, coal burner and throw pipes, radiation protection tubes, swirlers, thermowells, inlet and outlet sector, and staggers 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 products for fertilizer, refinery, and petrochemical industries. In addition, it offers hot strip mill products; decanters; valves, including balls, seat rings, cages, hydrant valves, strainers, valve bodies, bonnets, yokes and discs for gate valves, globe valves, and valve bodies and discs for butterfly valves; and casings, impellers, sleeves, stuffing boxes, rotor ball diffusers, and bushes for the pump industry. Further, the company provides parts for earth moving equipment in low alloy steels; rings for metallic RTJ gaskets; anchors, pedestal door frames, and walking beams for furnaces; lift cylinders for tyre machinery; liners for slurry pumps and compressors; and disc refiners for paper mills; piercing plugs; deck panels; and rollers and guides for ERW tube plants. The company was formerly known as Nitin Alloys Global Limited and changed its name to Nitin Castings Limited in October 2016. Nitin Castings Limited was founded in 1964 and is based in Thane, India.

Employees
232
Market
India

Compare NITN to Peers and Sector

Metrics to compare
NITN
Peers
Sector
Relationship
P/E Ratio
24.4x18.4x−0.1x
PEG Ratio
1.520.100.00
Price/Book
3.8x2.6x1.6x
Price / LTM Sales
2.0x1.4x1.2x
Upside (Analyst Target)
-75.5%27.2%
Fair Value Upside
Unlock−6.8%2.8%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 23.87%
Dividend Yield
0.49%
Industry Median 5.16%
Annualised payout
3.00
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Feb 13, 2023
EPS / Forecast
4.67 / --
Revenue / Forecast
349.40M / --
EPS Revisions
Last 90 days

FAQ

What Is the Nitin Castings (NITN) Stock Price Today?

The Nitin Castings stock price today is 649.00.

What Stock Exchange Does Nitin Castings Trade On?

Nitin Castings is listed and trades on the BSE stock exchange.

What Is the Stock Symbol for Nitin Castings?

The stock symbol for Nitin Castings is "NITN."

Does Nitin Castings Pay Dividends? What’s The Current Dividend Yield?

The Nitin Castings dividend yield is 0.49%.

What Is the Nitin Castings Market Cap?

As of today, Nitin Castings market cap is 3.34B.

What is Nitin Castings Earnings Per Share?

The Nitin Castings EPS is 23.87.

From a Technical Analysis Perspective, Is NITN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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