Welcome to Multibagg AI
Log in to access personalized features
Portfolio
Alerts
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Discovery themes featuring this stockBearish
4
Neutral
1
Bullish
9
Bearish
36
Neutral
1
Bullish
9
Bearish
32
Neutral
0
Bullish
0
Bearish
4
Neutral
1
Bullish
9
Bearish
4
Neutral
1
Bullish
9
Bearish
32
Neutral
0
Bullish
0
Bearish
32
Neutral
0
Bullish
0
Bearish
32
Neutral
0
Bullish
0
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
612.05 | 229 Cr | 24.56 | 2.40 | 0.64 | 9.75 | 10.95 | 3.71 | ||
388.35 | 200 Cr | 18.78 | 2.18 | 0.00 | 11.59 | 13.76 | 7.57 | ||
142.00 | 155 Cr | 13.75 | 3.02 | 2.11 | 18.05 | 23.02 | 16.50 | ||
426.00 | 146 Cr | 13.93 | 2.22 | 4.11 | 15.66 | 21.40 | 14.52 | ||
13.94 | 142 Cr | 105.32 | 23.05 | 0.00 | 3.19 | 4.40 | 5.76 | ||
64.50 | 121 Cr | 17.16 | 1.86 | 0.00 | 10.82 | 11.24 | 6.95 | ||
215.00 | 108 Cr | 24.49 | 2.60 | 0.00 | 10.61 | 9.96 | 2.23 | ||
| Median: 7 Co. | — | 215.00 | 146 Cr | 18.78 | 2.40 | 0.00 | 10.82 | 11.24 | 6.95 |
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.
Industrial Products
Castings & Forgings
200 Cr
Low Risk
18.8
35.7
0.5
2.2
690.00
368.95
Sales CAGR
Profit CAGR
ROE
ROCE
Upcoming Result Date: Aug 13, 2026
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
Nitin Castings Ltd (NITINCAST) is currently trading at 368.95 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 ₹368.95 and a high of ₹690.00. 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 199.66. 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 18.78 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 199.66 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 its sector 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 18.78. 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.
The minimum offer price (floor price) stated for the voluntary delisting is ₹273.36 per equity share.
The floor price for the voluntary delisting offer is ₹273.36 per equity share.
The floor price disclosed in the Detailed Public Announcement dated July 27, 2026 is Rs. 273.36 per equity share.
The floor price disclosed in the Detailed Public Announcement is ₹273.36 per equity share.
Regulatory/Compliance Filing
Nitin Castings Ltd disclosure: Reverse Book Building ran from 2026-08-05 to 2026-08-11; discovered price Rs.300/share; offer size 1,470,894 shares; 753,984 shares accepted across 9 successful bids; 154,994 shares bid above discovered price.
Regulatory/Compliance Filing
Navigant (Manager) announced outcome of the Reverse Book Building process for Nitin Castings' voluntary delisting (offer period 2026-08-05 to 2026-08-11). Discovered price: Rs.300 per share; offer size: 14,70,894 shares; 7,53,984 shares tendered (9 successful bids).
Regulatory/Compliance Filing
Nitin Castings announces outcome of reverse book building for voluntary delisting (11-08-2026): discovered price Rs.300 per share; delisting offer size 1,470,894 shares; 753,984 shares accepted across 9 successful bids.
Delisting
Nitin Castings: Reverse Book Building for voluntary delisting (Aug 5–11, 2026). Discovered price Rs.300; floor Rs.273.36. 7,53,984 equity shares accepted out of offer size 14,70,894.
Board Meeting
Nitin Castings Ltd informed BSE that its Board will meet on 2026-08-14 to consider and approve standalone unaudited financial results for quarter ended 30-Jun-2026, appoint cost auditor for FY2026-27 and other matters; trading window closed.
Board Meeting
Nitin Castings Ltd: Board meeting on 2026-08-14 to consider and approve standalone unaudited financial results for quarter ended June 30, 2026; appointment of cost auditor for FY2026-27; trading window remains closed.
