Nitiraj Engineers Ltd. (NITIRAJ): Nitiraj Engineers Share Price rises 8.38% as NITIRAJ attracts attention today
- September 4, 2026
- Posted by: Harsh Piplani
- Category: News
Nitiraj Engineers Share Price rose 8.38% to Rs 222.31, taking market capitalisation to Rs 211.17 Cr. The move places NITIRAJ among the stocks rising today, while latest Univest data shows no company-specific catalyst has been established. Investors watching Nitiraj Engineers Share Price Today can focus on price action, valuation and sector context.
Nitiraj Engineers Share Price is in focus after NITIRAJ traded at Rs 222.31, up 8.38% from the previous close of Rs 205.13, with market capitalisation at Rs 211.17 Cr. The move makes the stock stand out in stock market today scans, but the latest Univest figures confirm that the price event is not tied to a verified company-specific trigger. For investors tracking Nitiraj Engineers Share Price Today, the main questions are whether the rise is being supported by fundamentals, how the stock compares with peers in the Capital Goods space, and whether the valuation already discounts a lot of optimism. Univest data points to a high P/E versus the industry benchmark, while return ratios remain modest. That mix makes the current share price rise notable, but it also keeps the focus on company financial quality and sector positioning.
Nitiraj Engineers Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 222.31 |
| Previous Close | Rs 205.13 |
| Today's Move | Rs 17.18 (+8.38%) |
| Open | Rs 207.95 |
| High | Rs 241 |
| Low | Rs 207.86 |
| Turnover | Rs 0.41 crore |
| Market Capitalisation | Rs 211.17 crore |
| Market Cap Category | Micro Cap |
Nitiraj Engineers Ltd. (NITIRAJ) rose to Rs 222.31 from the previous close of Rs 205.13, a move of Rs 17.18 or 8.38%. The stock opened at Rs 207.95, reached a high of Rs 241, recorded a low of Rs 207.86.
Nitiraj Engineers Share Price opened at Rs 207.95, moved between Rs 207.86 and Rs 241.00, and was last traded at Rs 222.31 as of 04 September 2026 at 11:19:00 AM IST. The stock added Rs 17.18 intraday, or 8.38%, versus the previous close of Rs 205.13. Turnover stood at Rs 0.41 Cr. On the numbers alone, Nitiraj Engineers Share Price Today reflects an active upward move, but latest Univest data does not establish a company-specific catalyst for the rise. That makes the price action important in its own right, especially for readers scanning Stocks in News, Top Gainers Today and Market Movers lists. For now, the event is best read as a clear share price gain rather than a confirmed news-led rerating.
Nitiraj Engineers Ltd. (NITIRAJ) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 211.17 crore |
| P/E Ratio | 87.33x |
| P/B Ratio | 2.52x |
| ROE | 5.95% |
| ROCE | 8.4% |
| EPS | Rs 2.35 |
| Book Value Per Share | Rs 81.32 |
| Dividend Yield | 0% |
Nitiraj Engineers Ltd. (NITIRAJ) fundamental metrics show P/E 87.33x, P/B 2.52x, ROE 5.95%, ROCE 8.4%. These figures provide context only and are not a buy or sell signal.
Nitiraj Engineers Ltd. has a market capitalisation of Rs 211.17 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 87.33x, P/B at 2.52x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 5.95% and ROCE of 8.4%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 2.35, book value per share of Rs 81.32, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.94x, median ROE of 14.11%, median ROCE of 16.06%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 87.33x |
| Benchmark Median P/E | 28.94x |
| Benchmark Average P/E | 74.04x |
| Benchmark P/E Range | 0.4x to 3,902.2x |
| Company P/B Ratio | 2.52x |
| Benchmark Median P/B | 2.84x |
| Company ROE | 5.95% |
| Benchmark Median ROE | 14.11% |
| Company ROCE | 8.4% |
| Benchmark Median ROCE | 16.06% |
| Company Market Capitalisation | Rs 211.17 crore |
| Benchmark Median Market Cap | Rs 324.88 crore |
Nitiraj Engineers Ltd. (NITIRAJ) is classified under sector: Capital Goods and industry: Engineering – Industrial Equipments.
Nitiraj Engineers Ltd. (NITIRAJ) has a P/E ratio of 87.33x, which is above the benchmark median of 28.94x, a difference of +201.76%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Nitiraj Engineers Ltd. (NITIRAJ) has a ROE of 5.95%, which is below the benchmark median of 14.11%, a difference of -57.83%. Nitiraj Engineers Ltd. (NITIRAJ) has a ROCE of 8.4%, which is below the benchmark median of 16.06%, a difference of -47.7%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals Ltd. | BHEL | 1,48,649.28 | 61.96 | 5.68 | 6.29 | 9.24 |
| Thermax Ltd. | THERMAX | 44,714 | 74.9 | 7.99 | 13.76 | 15.85 |
| Kirloskar Oil Engines Ltd. | KIRLOSENG | 31,444.66 | 60.41 | 8.91 | 16.75 | 14.46 |
| Jyoti CNC Automation Ltd. | JYOTICNC | 21,830.34 | 72.57 | 11.34 | 20.72 | 23.88 |
| Inox India Ltd. | INOXINDIA | 19,040.82 | 77.65 | 16.97 | 26.11 | 33.54 |
Nitiraj Engineers Ltd. (NITIRAJ) has a P/E ratio of 87.33x compared with the displayed peer median of 72.57x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.95% compares with a peer median of 16.75% across the companies shown in the table. ROCE stood at 8.4% versus the displayed peer median of 15.85%, providing a capital-efficiency comparison. Nitiraj Engineers Ltd. (NITIRAJ) has a market capitalisation of Rs 211.17 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Nitiraj Engineers
- Nitiraj Engineers Share Price rose 8.38% and is among today’s visible share price gainers.
- The stock is trading above the previous close with Rs 222.31 as the latest price point.
- P/E of 87.33 is above the industry median and average, which keeps valuation in focus.
- ROE of 5.95% and ROCE of 8.4% show lower return efficiency than the sector norm.
- Market cap of Rs 211.17 Cr places the company in the smaller-cap range within Capital Goods.
About Nitiraj Engineers
Nitiraj Engineers Ltd. operates in the Capital Goods space, specifically the Engineering – Industrial Equipments industry. The company’s market identity is shaped by its industrial equipment business, and the latest Univest data places it among smaller listed names in the segment. For readers tracking Nitiraj Engineers Share Price, the key point is that the company is assessed today through valuation, scale and return metrics rather than through a large-market-cap profile. Nitiraj Engineers Stock News is therefore best understood in the context of manufacturing and engineering demand, industry benchmarks and how investors compare industrial businesses on earnings power, book value and returns on capital. The company’s current numbers suggest that market attention is more about relative pricing and share price movement than about size alone. Univest tracks such names because small-cap industrial stocks can move sharply even when the business backdrop is still being evaluated by the market.
Frequently Asked Questions
Why is Nitiraj Engineers Share Price rising today?
Ans. Nitiraj Engineers Share Price rose 8.38% to Rs 222.31, but latest Univest data does not establish a company-specific catalyst. The move is still meaningful because it changes the stock’s intraday market profile.
What is Nitiraj Engineers Share Price Today?
Ans. Nitiraj Engineers Share Price Today is Rs 222.31. It was up Rs 17.18 from the previous close of Rs 205.13, placing the stock among the better-moving names in current market scans.
What is Nitiraj Engineers market capitalisation?
Ans. Nitiraj Engineers has a market capitalisation of Rs 211.17 Cr. That size places it below the industry benchmark median in Capital Goods and helps explain why price moves can look sharper.
Is Nitiraj Engineers expensive on valuation?
Ans. Nitiraj Engineers Share Price reflects a P/E of 87.33, above the industry median of 28.94 and average of 74.04. Its P/B of 2.52 is below the benchmark median of 2.84.
How do ROE and ROCE look for Nitiraj Engineers?
Ans. ROE is 5.95% and ROCE is 8.4%. Both are below the industry benchmark median and average, so the current return profile is weaker than many peers in the same industry.
What do EPS and book value show for Nitiraj Engineers?
Ans. EPS is Rs 2.35 and book value is Rs 81.32. EPS shows earnings attributable to each share, while book value indicates accounting net worth behind each share.
Does Nitiraj Engineers pay a dividend?
Ans. Dividend yield is 0, so the stock does not currently offer a dividend payout signal in the latest Univest figures. Investors are therefore focusing more on price action and valuation metrics.
How does Nitiraj Engineers compare with peers?
Ans. Compared with BHEL, Thermax, Kirloskar Oil Engines, Jyoti CNC Automation and Inox India, Nitiraj Engineers Share Price trades on a higher P/E and a much smaller market cap.
Track Nitiraj Engineers Share Price on Univest
Use Nitiraj Engineers Ltd. (NITIRAJ) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors can track Nitiraj Engineers Share Price on Univest for live price updates, key valuation ratios, market capitalisation, sector context and broader stock insights. Univest also helps readers compare the stock with peers, follow Company News, and review the latest fundamental and market snapshots in one place. For anyone monitoring Nitiraj Engineers Share Price Today, that single view is often the fastest way to place the move in context.
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).