Nitin Castings Ltd (NITINCAST) is currently trading at 535.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Nitin Castings Limited is part of the Kedia Group and specializes in manufacturing and selling Alloy Steel Castings for diverse industrial applications. The company expanded its production capacity significantly in 2007-08, increasing from 1,200 MT to 3,000 MT by diversifying into Centrifugal Castings. In 2015, Nitin Castings commenced operations of a new Investment Castings pilot plant, adding 10 MT capacity per month. The demerger process with Rajshila Construction in 2016 allowed Nitin Castings to streamline operations, focusing solely on its core casting business. In 2018-19, a new facility in Vapi, Gujarat, was established, enhancing the production of value-added engineering components.

Over the past 52 weeks, Nitin Castings Ltd has traded between a low of ₹432.00 and a high of ₹745.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Nitin Castings Ltd has a market capitalization of approximately 281.46. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Nitin Castings Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 24.84 and operates in the Castings, Forgings & Fastners sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 281.46 Cr, Nitin Castings Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Nitin Castings Ltd operates in the Castings, Forgings & Fastners sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Nitin Castings Ltd is 24.84. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.