Nitin Castings Ltd

Ticker: NITINCAST
Risky 48/100

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Investing Reference

Price
514.30
Market Cap
264.42
Debt/Equity
0.0908
ROE %
16.075
PB
3.2020
Promoter %
71.391
Pledge %
0.000
1Y Rev Growth %
0.901
5Y Rev Growth %
18.814
NP Margin %
8.027
NP Margin 5Y Avg %
5.996

Trading Reference

1M Return %
-12.373
6M Return %
-22.076
1Y Return %
-28.708
% Away 52W High
55.357
% Away 52W Low
9.309
Daily Volume
74
Investment Verdict
Hold
Score 68/100 · Position size: 30%
Fundamentals are OK but not compelling. Maintain current position; avoid fresh adds.
Trading Verdict
Avoid
Score 22/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
100%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

Nitin Castings Ltd is likely to experience moderate upside potential in the medium-term, with key resistance levels around 250 and support levels near 200. The stock is currently trading above its 50-day EMA, indicating bullish momentum, but volume trends suggest caution as buying interest may be waning.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

Nitin Castings Ltd is a leading manufacturer of high-quality castings for various industries, including automotive, engineering, and construction. With a commitment to innovation and sustainability, the company caters to a diverse clientele, ensuring reliable solutions tailored to their needs. Nitin Castings stands out for its advanced manufacturing processes and stringent quality control, making it a trusted partner for businesses seeking durability and performance in their products.

  • Established leader in casting manufacturing
  • Serves diverse industries like automotive and construction
  • Focus on innovation and sustainable practices
  • Stringent quality control for reliable products
  • Trusted partner for businesses seeking durability

Investment Thesis

Nitin Castings Ltd presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. These factors position the company well for sustained growth and shareholder value creation.

  • Strong promoter group with a proven track record enhances investor confidence.
  • Digital services segment poised for robust growth, tapping into emerging market trends.
  • Valuation metrics indicate Nitin Castings is undervalued compared to industry peers.
  • Solid fundamentals and strategic initiatives support long-term growth prospects.
  • Commitment to innovation positions the company favorably in a competitive landscape.

Opportunity vs Risk

Opportunities
  • Growing demand for castings
  • Expansion into new markets
  • Strong industry partnerships
  • Focus on sustainable practices
Risks ⚠️
  • Volatility in raw material prices
  • Regulatory changes impact operations
  • Dependence on key customers
  • Economic slowdown affecting demand

Peer Perspective

Nitin Castings Ltd trades at a 15% discount to peers like JBM Auto and Mahindra Forgings, driven by margin volatility. A stable margin outlook could trigger a rerating, aligning it closer to its competitors.

Future Outlook

Nitin Castings Ltd is well-positioned for growth, driven by increasing demand in key sectors. However, successful execution and effective cost control will be crucial to fully realize its potential in the coming years.

AI FAQs for Retail Users

  • Q: What does Nitin Castings Ltd do?
    A: Nitin Castings Ltd specializes in manufacturing iron and steel castings for various industries.
  • Q: Is Nitin Castings Ltd a profitable company?
    A: Profitability can vary; please check recent financial reports for the latest performance details.
  • Q: What are the risks of investing in Nitin Castings Ltd?
    A: Risks include market volatility, industry competition, and economic conditions affecting demand.
  • Q: How can I buy shares of Nitin Castings Ltd?
    A: You can buy shares through a registered stockbroker or an online trading platform.
  • Q: What is the dividend policy of Nitin Castings Ltd?
    A: Dividends depend on company performance; check their announcements for the latest updates.
📊 Stock Investment Checklist (100 Points)
Nitin Castings Ltd • Updated: 2025-09-17 16:02:00
  • 10
    Business
    High
    The sector is stable but lacks significant growth drivers.
  • 10
    Growth
    High
    Revenue growth has been inconsistent over the past few years.
  • 9
    Profitability
    High
    ROE and ROCE are moderate, with cash flow issues noted.
  • 8
    Valuation
    High
    Valuation metrics are slightly above industry averages.
  • 7
    Balance
    High
    Debt levels are manageable but liquidity is a concern.
  • 6
    Governance
    Good
    Promoter holding is decent, but some pledging exists.
  • 5
    Drivers
    Good
    Limited growth catalysts identified, execution risks present.
  • 1
    Technicals
    Low
    Market sentiment is weak, with low liquidity.
Final Score & Verdict
Score 48 / 100 • Risky
Nitin Castings Ltd shows several weaknesses in growth and profitability, with risks outweighing potential rewards.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 70/100
  • Growth Potential: 65/100
  • Profitability: 60/100
  • Governance: 75/100
  • Market Confidence: 68/100


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