The Mumbai-based company was admitted under the corporate insolvency resolution process (CIRP) in November 2019 through a petition filed by its lender, Dena Bank.

NCLT allows liquidation of Nitin Fire Protection

Being under CIRP, the company can’t raise capital and estimates the worst impact in future.

Nitin Fire Protection Industries suffers heavy losses due to Covid-19 pandemic

The respective boards of directors of Rollatainers and Nitin Fire Protection Industries will meet on Thursday to consider their unaudited financial results (standalone and consolidated) for the quarte

Rollatainers, Nitin Fire results today

Rahul Shah, ED, Nitin Fire Protection Ind on the company's earnings

Midcap Radar: Rahul Shah of Nitin Fire on Q3 earnings

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Nitin Fire Protection Industries Limited is engaged in the business of manufacturing fire fighting equipment (gas-based and water-based fire extinguishers) under the brand name NITIE.