NITIN CASTING - DAY CHART - 03.01.2023 - BAHAVAN CAPITALNITIN CASTING as per day chart analysis
STOCK ABOVE 184 TARGET 192
Happy Profitable Trading to all..
26.20 INR
121.29 M INR
1.49 B INR
About NITIN CASTINGS LIMITED
Sector
Industry
CEO
Nitin Shantikumar Kedia
Website
Headquarters
Thane
Founded
1982
ISIN
INE861H01020
FIGI
BBG000CMVM77
Nitin Castings Ltd. engages in the manufacture of alloy steel castings. The firm also manufactures manganese steel, low alloy steel and chromium steels. Its products include balls for ball valves, seat rings, cages, hydrant valves, strainer, grate bars, chain links, side plates and locking clits. The company was founded on December 3, 1982 and is headquartered in Thane, India.
Interesting road furtherNitin Casting is now trading above Descending Triangle trendline in weekly time frame, and also gave weekly close above last 1.5 Month's resistance of 92. 85 Rs is still a concrete support.
With MACD and RSI also improving strengths, will be an interesting road further for this chart.
Disclaimer:
Nitin Casting under Descending TriangleAs seen in the chart, Nitin Casting is trading under a Descending Triangle in the daily time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price.
Do Note: Break out or Break down will be consi
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of NITINCAST is 690.15 INR — it has decreased by −1.41% in the past 24 hours. Watch NITIN CASTINGS LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange NITIN CASTINGS LIMITED stocks are traded under the ticker NITINCAST.
NITINCAST stock has fallen by −2.48% compared to the previous week, the month change is a 5.36% rise, over the last year NITIN CASTINGS LIMITED has showed a 36.39% increase.
NITINCAST reached its all-time high on Jul 5, 2024 with the price of 885.00 INR, and its all-time low was 8.95 INR and was reached on Apr 20, 2007. View more price dynamics on NITINCAST chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
NITINCAST stock is 2.62% volatile and has beta coefficient of 0.52. Track NITIN CASTINGS LIMITED stock price on the chart and check out the list of the most volatile stocks — is NITIN CASTINGS LIMITED there?
Today NITIN CASTINGS LIMITED has the market capitalization of 3.55 B, it has decreased by −0.22% over the last week.
Yes, you can track NITIN CASTINGS LIMITED financials in yearly and quarterly reports right on TradingView.
NITINCAST net income for the last quarter is 41.99 M INR, while the quarter before that showed 39.61 M INR of net income which accounts for 6.02% change. Track more NITIN CASTINGS LIMITED financial stats to get the full picture.
Yes, NITINCAST dividends are paid annually. The last dividend per share was 3.00 INR. As of today, Dividend Yield (TTM)% is 0.43%. Tracking NITIN CASTINGS LIMITED dividends might help you take more informed decisions.
NITIN CASTINGS LIMITED dividend yield was 0.48% in 2023, and payout ratio reached 12.72%. The year before the numbers were 0.31% and 7.88% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 14, 2024, the company has 130.00 employees. See our rating of the largest employees — is NITIN CASTINGS LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NITIN CASTINGS LIMITED EBITDA is 166.26 M INR, and current EBITDA margin is 10.52%. See more stats in NITIN CASTINGS LIMITED financial statements.
Like other stocks, NITINCAST shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NITIN CASTINGS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NITIN CASTINGS LIMITED technincal analysis shows the strong sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NITIN CASTINGS LIMITED stock shows the buy signal. See more of NITIN CASTINGS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.