Current price is less than the intrinsic value
Stock has not been able to generate better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock in ASM list
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Nitiraj Engineers manufactures scales and balances
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In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
In last 3 months, mutual fund holding of the company has almost stayed constant
5 days ago•Business Standard
4 weeks ago•Economic Times
4 weeks ago•Economic Times
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