Nitiraj Engineers Ltd Share Price & Stock Analysis

Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; analytical weighing balances; special application indicators; growth monitoring devices; home automation devices; security solutions; as well as other security and automation products. The company also provides remote pilot training organisation (RPTO) services for drones/UAVs. It markets its products under the Phoenix brand name through regional branches and dealers. The company was incorporated in 1989 and is based in Dhule, India.

Key Metrics

Current Price₹194.52
Market Cap₹199 Cr
SectorInformation Technology > Technology Hardware and Equipment > Electronic Equipment, Instruments and Components
Sub-IndustryElectronic Equipment and Instruments > Calculating and Accounting Machines
P/E Ratio188.9
Return on Equity1.28%
52-Week Range₹168.00 – ₹236.98
Beta (1Y)0.32
Dividend Yield0.77%

Frequently Asked Questions

What is the current share price of Nitiraj Engineers Ltd?

Nitiraj Engineers Ltd is trading at ₹194.52, with a market capitalisation of ₹199 Cr.

Which sector does Nitiraj Engineers Ltd belong to?

Nitiraj Engineers Ltd operates in the Information Technology > Technology Hardware and Equipment > Electronic Equipment, Instruments and Components space (Electronic Equipment and Instruments > Calculating and Accounting Machines).

What are the key financial ratios of Nitiraj Engineers Ltd?

Nitiraj Engineers Ltd has a P/E of 188.9 and a return on equity of 1.28%.