Nitin Castings Ltd. (NITINCAST) Share Price Trades Within 2% of 52-Week Low
- August 10, 2026
- Posted by: Harsh Piplani
- Category: News
Nitin Castings Ltd. Share Price stood at Rs 435.65 at qualification, with the stock trading within 2% of its 52-week low and a market capitalisation of Rs 246.48 crore.
Nitin Castings Ltd. Share Price was at Rs 435.65 when the Univest screener flagged the stock on 10 August 2026 at 12:31 PM IST for trading within 2% of its 52-week low. With a market capitalisation of Rs 246.48 crore, the company has moved into a price zone that often draws closer scrutiny from investors tracking weakness, valuation support and sector-relative performance.
This Nitin Castings Ltd. Share Price move is relevant because proximity to a one-year bottom can shift attention from short-term trading activity to questions around profitability, balance-sheet quality and relative valuations. The supplied data confirms the price event, but it does not establish a company-specific catalyst behind the stock’s current position.
For readers following Nitin Castings Ltd. Share Price Today, the key issue is not simply that the stock is near its yearly low, but whether the available fundamentals and industry comparisons offer enough context to explain why the counter is being watched. In this Univest analysis, the focus stays on verified numbers including valuation multiples, returns ratios, market-cap positioning and peer comparisons within the Castings/Forgings segment.
Nitin Castings Ltd. Share Price Today: Within 2% of 52-Week Low
| Metric | Value |
|---|---|
| LTP at 2% Qualification | Rs 435.65 |
| Market Capitalisation | Rs 246.48 crore |
| 52-Week Low Position | Trading within 2% of its 52-week low |
Nitin Castings Ltd. (NITINCAST) traded at Rs 435.65. Reported volume was 1,464.
Nitin Castings Ltd. Share Price Today was Rs 435.65 at the time of qualification, according to the Univest screener event recorded at 12:31 PM IST on 10 August 2026. The stock was identified as trading within 2% of its 52-week low, which places it close to an important reference zone for investors who monitor one-year price extremes. The available data confirms the proximity event and the exact last traded price, while the actual 52-week low reference price is not stated in the supplied dataset.
That makes this Nitin Castings Ltd. Share Price development notable from a market-behaviour perspective. Stocks approaching their one-year low often attract attention because they can reflect persistent pressure, cautious sentiment or a re-rating against sector peers. At the same time, a near-52-week-low reading does not by itself confirm a breakdown, a fresh low or any specific trigger.
For NITINCAST, the immediate market context available through Univest is the combination of a Rs 435.65 traded level and a relatively small market capitalisation of Rs 246.48 crore. In smaller listed names, price positioning near long-term lows can become especially relevant because valuation and profitability metrics can come under sharper review. That is why the next step in assessing Nitin Castings Ltd. Share Price is to examine whether the company’s financial profile and industry benchmarks support or challenge current investor attention.
Nitin Castings Ltd. (NITINCAST) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 246.48 crore |
| P/E Ratio | 23.19x |
| P/B Ratio | 2.69x |
| ROE | 6.7% |
| ROCE | 9.1% |
| EPS | Rs 20.68 |
| Book Value Per Share | Rs 178.42 |
| Dividend Yield | 0% |
Nitin Castings Ltd. was valued at a P/E ratio of 23.19x, a P/B ratio of 2.69x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 6.7% and ROCE of 9.1%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 20.68, book value per share of Rs 178.42, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Castings/Forgings |
| Benchmark Scope | same industry |
| Company P/E Ratio | 23.19x |
| Benchmark Median P/E | 18.81x |
| Benchmark Average P/E | 29.44x |
| Benchmark P/E Range | 0x to 201.28x |
| Company P/B Ratio | 2.69x |
| Benchmark Median P/B | 2.23x |
| Company ROE | 6.7% |
| Benchmark Median ROE | 6.83% |
| Company ROCE | 9.1% |
| Benchmark Median ROCE | 10.39% |
| Company Market Capitalisation | Rs 246.48 crore |
| Benchmark Median Market Cap | Rs 192.06 crore |
Nitin Castings Ltd. (NITINCAST) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings.
Nitin Castings Ltd. (NITINCAST) has a P/E ratio of 23.19x, which is above the benchmark median of 18.81x, a difference of +23.29%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Nitin Castings Ltd. (NITINCAST) has a ROE of 6.7%, which is below the benchmark median of 6.83%, a difference of -1.9%. Nitin Castings Ltd. (NITINCAST) has a ROCE of 9.1%, which is below the benchmark median of 10.39%, a difference of -12.42%.
Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Thaai Casting Ltd. | TCL-SM | 289.3 | 22.69 | 3.42 | 14.76 | 14.71 |
| MUNISH FORGE LIMITED | MUNISH-SM | 195.09 | 19.38 | 1.54 | 0.47 | 4.42 |
| Bhagwati Autocast Ltd. | BGWTATO | 189.03 | 13.05 | 3 | -3.46 | -1.88 |
| National Fittings Ltd. | NATFIT | 154.73 | 14.84 | 1.66 | 3.25 | 4.81 |
| Gujarat Intrux Ltd. | GUJINTR | 146.81 | 13.99 | 2.16 | 7.76 | 10.75 |
Nitin Castings Ltd. (NITINCAST) has a P/E ratio of 23.19x compared with the displayed peer median of 14.84x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 6.7% compares with a peer median of 3.25% across the companies shown in the table. ROCE stood at 9.1% versus the displayed peer median of 4.81%, providing a capital-efficiency comparison. Nitin Castings Ltd. (NITINCAST) has a market capitalisation of Rs 246.48 crore. Among the 5 peers shown, 1 have a larger market capitalisation.
Why Investors Are Watching Nitin Castings Ltd.
- Nitin Castings Ltd. Share Price was flagged by the Univest screener at Rs 435.65 for trading within 2% of its 52-week low.
- The company has a market capitalisation of Rs 246.48 crore, making price positioning more closely watched in a smaller listed counter.
- Valuation stands at 23.19 times earnings and 2.69 times book value, both above the same-industry median but below the same-industry average.
- Profitability remains positive, with ROE at 6.7 and ROCE at 9.1, though both are below the corresponding industry averages.
- Peer data shows the stock is not the cheapest among direct listed castings and forgings names, but it is also not the weakest on returns.
- The supplied data confirms the price event, while leaving investors to focus on sector benchmarks and peer comparisons rather than any verified company-specific trigger.
About Nitin Castings Ltd.
Nitin Castings Ltd. is classified in the Automobile & Ancillaries sector and the Castings/Forgings industry. Based on the supplied company classification, the business is part of the manufacturing ecosystem linked to cast components and forgings used within industrial and automotive value chains.
In market terms, Nitin Castings Ltd. is a relatively small listed company with a market capitalisation of Rs 246.48 crore. That places it among the smaller participants in its industry comparison set, though still above the median market value of Rs 192.06 crore recorded in the same-industry benchmark. For investors following Nitin Castings Ltd. Share Price, this industry placement matters because listed castings and forgings businesses are often assessed through comparative valuation and return metrics rather than through scale alone.
Within Univest coverage, the company’s relevance currently comes from two connected factors: first, Nitin Castings Ltd. Share Price is trading within 2% of its 52-week low; second, its disclosed financial ratios place it in a middle range relative to direct peers in the same industry. That combination is why the stock is drawing analytical interest.
Track Nitin Castings Ltd. Share Price on Univest
Use Nitin Castings Ltd. (NITINCAST) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.
Investors tracking Nitin Castings Ltd. Share Price can use Univest to follow live price movement, 52-week levels, valuation ratios, profitability metrics, sector benchmarks and listed peer comparisons in one place. For a stock that is currently within 2% of its 52-week low, having these data points together can help users separate price proximity from deeper financial context.
Univest also helps users monitor changes in key ratios such as P/E, P/B, ROE, ROCE, EPS, book value and market capitalisation alongside broader market insights. For readers following Nitin Castings Ltd. Stock News, that makes it easier to compare the company with other Castings/Forgings names and keep track of how Nitin Castings Ltd. Share Price evolves against industry benchmarks over time.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Nitin Castings Ltd. Share Price today?
Ans. Nitin Castings Ltd. Share Price was Rs 435.65 when the stock qualified on the Univest screener at 12:31 PM IST on 10 August 2026. At that point, the stock was identified as trading within 2% of its 52-week low.
Why is Nitin Castings Ltd. Share Price in focus today?
Ans. Nitin Castings Ltd. Share Price is in focus because the supplied data shows the stock trading within 2% of its 52-week low. This kind of price proximity often pushes investors to review valuation, profitability and peer positioning more closely.
What is the market capitalisation of Nitin Castings Ltd.?
Ans. Nitin Castings Ltd. has a market capitalisation of Rs 246.48 crore. In the same-industry benchmark of 24 companies, that is above the median market cap of Rs 192.06 crore but below the average of Rs 406.13 crore.
What valuation ratios are available for Nitin Castings Ltd.?
Ans. The supplied valuation ratios for Nitin Castings Ltd. are a P/E of 23.19 and a P/B of 2.69. EPS is 20.68 and book value per share is 178.42, giving investors core valuation context around the current price.
How profitable is Nitin Castings Ltd. based on the available data?
Ans. Nitin Castings Ltd. reports ROE of 6.7 and ROCE of 9.1 in the supplied dataset. Both measures are positive, but each sits below the same-industry averages of 9.71 for ROE and 12.86 for ROCE.
How does Nitin Castings Ltd. compare with its industry benchmark?
Ans. Nitin Castings Ltd. trades above the same-industry median P/E of 18.81 and median P/B of 2.23. However, its ROE of 6.7 is slightly below the median of 6.83, and ROCE of 9.1 trails the median 10.39.
How does Nitin Castings Ltd. compare with selected listed peers?
Ans. Nitin Castings Ltd. has a higher P/E than Bhagwati Autocast, National Fittings, Gujarat Intrux and MUNISH FORGE, but a similar scale to this peer group. Its ROE and ROCE are stronger than some peers, though below Thaai Casting.
Does Nitin Castings Ltd. pay a dividend based on the supplied data?
Ans. The supplied dataset shows a dividend yield of 0 for Nitin Castings Ltd. That means the current numerical snapshot does not indicate dividend support in relation to Nitin Castings Ltd. Share Price at the time of this article.
Which sector and industry does Nitin Castings Ltd. belong to?
Ans. Nitin Castings Ltd. is classified under the Automobile & Ancillaries sector and the Castings/Forgings industry. The benchmark comparison used in this article is the same industry, covering 24 listed companies in the supplied sector snapshot.
