Nitiraj Engineers Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has not been able to generate better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
Nitiraj Engineers Ltd
NITIRAJ
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has not been able to generate better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
Key Metrics
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Company Profile
Nitiraj Engineers manufactures scales and balances
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Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Nitiraj Engineers reports consolidated net loss of Rs 3.11 crore in the March 2022 quarter
5 days ago•Business Standard
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade
4 weeks ago•Economic Times
Stock market update: Stocks that hit 52-week highs on NSE
4 weeks ago•Economic Times
Recent EventsAll events
Schedule of Analysts/Institutional Investor Meet/Con. Call
General updates
Nitiraj Engineers Limited has informed the Exchange about resignation of A S KAKARIA as Statutory Auditor of the company w.e.f. 15-May-2022, Pursuant to Sub-clause (7A) inserted under Clause A in Part A of Schedule 111 under Regulation 30 (2) read with SEBI Circular no - CIR/CFD/CMDl/114/2019 dated October 18 2019, this is to inform you that the Statutory Auditor of the Company viz P D Dalal & Co , Chartered Accountants (Firm Reg No: 102047W) have tendered their resignation from the position of the Statutory Auditors on dated 15th May 2022 from the company post completion of the audit for the year ended 31 March, 2022 for the Appointed period till next AGM. Read Less | Download
Nitiraj Engineers Limited has informed the Exchange about resignation of A S KAKARIA as Statutory Auditor of the company w.e.f. 15-May-2022, Pursuant to Sub-clause (7A) inserted under Clause A in Part A of Schedule 111 under Regulation 30 (2) read with SEBI Circular no - CIR/CFD/CMDl/114/2019 dated October 18 2019, this is to inform you that the Statutory Auditor of the Company viz P D Dalal & Co , Chartered Accountants (Firm Reg No: 102047W) have tendered their resignation from the position of the Statutory Auditors on dated 15th May 2022 from the company post completion of the audit for the year ended 31 March, 2022 for the Appointed period till next AGM. Read Less | Download
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value