Nitta Gelatin India Ltd. (NITTAGELA) Share Price Falls 10.22% Amid Market Volatility

Nitta Gelatin India Ltd. Share Price fell 10.22% to Rs 1,723.70, with a market cap of Rs 1,743.06 crore.

Nitta Gelatin India Ltd. Share Price experienced a significant decline today, falling by 10.22% to close at Rs 1,723.70. This drop comes as the company, with a market capitalization of Rs 1,743.06 crore, faced a challenging trading session. The stock opened at Rs 1,822.55 and reached a high of the same value before descending to a low of Rs 1,706.20. This price action places Nitta Gelatin India Ltd.

The decline in Nitta Gelatin India Ltd. Share Price is noteworthy, especially given the absence of a specific company-related catalyst in the supplied data. Investors and analysts are closely monitoring the situation to understand the underlying factors contributing to this price movement. As the market reacts to various external and internal factors, the company's performance in the chemicals sector remains under scrutiny.

Nitta Gelatin India Ltd. (NITTAGELA) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,723.7
Previous Close	Rs 1,919.85
Today's Change	Rs -196.15 (-10.22%)
Day Open	Rs 1,822.55
Day High	Rs 1,822.55
Day Low	Rs 1,706.2
Current Volume (BSE)	802
BSE Traded Volume	802
NSE Traded Volume	5,910
Combined NSE + BSE Volume	6,712
Turnover	Rs 0.14 crore
Market Capitalisation	Rs 1,743.06 crore
Market Cap Category	Small Cap

Nitta Gelatin India Ltd. (NITTAGELA) traded at Rs 1,723.7. versus the previous close of Rs 1,919.85, a fall of 10.22%. The stock opened at Rs 1,822.55, reached Rs 1,822.55, touched Rs 1,706.2. Reported volume was 802.

Nitta Gelatin India Ltd. (NITTAGELA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,743.06 crore
P/E Ratio	16.88x
P/B Ratio	3.25x
ROE	18.64%
ROCE	20.19%
EPS	Rs 113.72
Dividend Yield	0.36%

Nitta Gelatin India Ltd. was valued at a P/E ratio of 16.88x, a P/B ratio of 3.25x. 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 18.64% and ROCE of 20.19%. 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 113.72, dividend yield of 0.36%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Nitta Gelatin India Ltd. operates within the chemicals sector, with a market capitalization of Rs 1,743.06 crore. The company's price-to-earnings (P/E) ratio stands at 16.88, which is below the industry median of 21.52, indicating a relatively lower valuation compared to its peers. The price-to-book (P/B) ratio is 3.25, higher than the industry median of 1.58, suggesting a premium valuation on book value.

The company's return on equity (ROE) is 18.64%, above the industry median of 12.09%, reflecting efficient use of shareholder funds. Similarly, the return on capital employed (ROCE) is 20.19%, surpassing the industry median of 14.61%, indicating effective capital utilization. The earnings per share (EPS) is Rs 113.72, and the dividend yield is 0.36%, providing a modest return to shareholders.

These fundamental metrics suggest that Nitta Gelatin India Ltd. is performing well relative to its industry peers, despite the recent price decline. Investors may find value in the company's strong ROE and ROCE, although the higher P/B ratio warrants caution.

Sector and Industry Context

Metric	Value
Sector	Chemicals
Industry	Chemicals
Benchmark Scope	same industry
Company P/E Ratio	16.88x
Benchmark Median P/E	21.52x
Benchmark Average P/E	55.43x
Benchmark P/E Range	1.31x to 731.38x
Company P/B Ratio	3.25x
Benchmark Median P/B	1.58x
Company ROE	18.64%
Benchmark Median ROE	12.09%
Company ROCE	20.19%
Benchmark Median ROCE	14.61%
Company Market Capitalisation	Rs 1,743.06 crore
Benchmark Median Market Cap	Rs 226.09 crore

Nitta Gelatin India Ltd. (NITTAGELA) is classified under sector: Chemicals and industry: Chemicals.

Nitta Gelatin India Ltd. (NITTAGELA) has a P/E ratio of 16.88x, which is below the benchmark median of 21.52x, a difference of -21.56%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Nitta Gelatin India Ltd. (NITTAGELA) has a ROE of 18.64%, which is above the benchmark median of 12.09%, a difference of +54.18%. Nitta Gelatin India Ltd. (NITTAGELA) has a ROCE of 20.19%, which is above the benchmark median of 14.61%, a difference of +38.19%.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Nitta Gelatin India Ltd. is part of the chemicals sector, which comprises 141 companies in the same industry. The company's P/E ratio of 16.88 is below the industry average of 55.43, indicating a more conservative valuation. However, its P/B ratio of 3.25 is above the industry average of 1.38, suggesting a higher valuation on book value.

The sector's ROE and ROCE averages are 15.45% and 16.51%, respectively, with Nitta Gelatin India Ltd. outperforming these benchmarks with an ROE of 18.64% and ROCE of 20.19%. The company's market capitalization of Rs 1,743.06 crore is below the industry average of Rs 523.31 crore, positioning it as a smaller player within the sector.

Overall, the chemicals sector presents a diverse range of valuations and performance metrics, with Nitta Gelatin India Ltd. demonstrating strong profitability metrics despite its smaller market cap. Investors should consider these factors when evaluating the company's position within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Bhansali Engineering Polymers Ltd.	BEPL	2,884.27	14.43	2.51	42.11	56.88
Rossari Biotech Ltd.	ROSSARI	2,799.34	18.57	2.05	16.17	24.37
JUBILANT AGRI N CON PRO L	JUBLCPL	2,751.09	21.52	5.98	-12.07	16.08
Nocil Ltd.	NOCIL	2,743.38	49.31	1.56	12.95	17.71
Camlin Fine Sciences Ltd.	CAMLINFINE	2,453.07	88.79	2.39	10.55	11.37

Nitta Gelatin India Ltd. (NITTAGELA) has a P/E ratio of 16.88x compared with the displayed peer median of 21.52x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 18.64% compares with a peer median of 12.95% across the companies shown in the table. ROCE stood at 20.19% versus the displayed peer median of 17.71%, providing a capital-efficiency comparison. Nitta Gelatin India Ltd. (NITTAGELA) has a market capitalisation of Rs 1,743.06 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, Nitta Gelatin India Ltd. exhibits a competitive P/E ratio of 16.88, which is lower than Nocil Ltd.'s 49.31 and Camlin Fine Sciences Ltd.'s 88.79 but higher than Bhansali Engineering Polymers Ltd.'s 14.43. The company's ROE of 18.64% is strong, though it trails Bhansali Engineering Polymers Ltd.'s 42.11%.

With a market capitalization of Rs 1,743.06 crore, Nitta Gelatin India Ltd. is smaller than several peers, such as Bhansali Engineering Polymers Ltd. and Rossari Biotech Ltd. Despite this, its ROCE of 20.19% is competitive, surpassing several industry players. These comparisons highlight the company's relative strengths and areas for improvement within the chemicals sector.

Why Investors Are Watching Nitta Gelatin India Ltd.

Investors are closely monitoring Nitta Gelatin India Ltd. due to its recent share price decline and its position within the chemicals sector. The company's strong profitability metrics and competitive valuation make it a subject of interest.

• Price Action: Significant 10.22% decline in share price.
• Technical Position: Neutral RSI at 59.73.
• Fundamental Context: Strong ROE and ROCE, competitive P/E ratio.
• Sector Positioning: Smaller market cap, strong profitability metrics.

As the market continues to evolve, investors should keep an eye on Nitta Gelatin India Ltd.'s performance and any developments within the chemicals sector that may impact its valuation and growth prospects.

About Nitta Gelatin India Ltd.

Nitta Gelatin India Ltd. is a prominent player in the chemicals industry, specializing in the production of gelatin and collagen peptides. The company operates within the broader chemicals sector, which encompasses a wide range of products and applications. Nitta Gelatin India Ltd. focuses on delivering high-quality products to various industries, including pharmaceuticals, food, and cosmetics.

With a commitment to innovation and sustainability, Nitta Gelatin India Ltd. has established itself as a reliable supplier of gelatin products. The company's operations are supported by a strong research and development team, ensuring the continuous improvement of its product offerings. As a key player in the chemicals sector, Nitta Gelatin India Ltd. is well-positioned to capitalize on emerging trends and opportunities within the industry.

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Use Nitta Gelatin India Ltd. (NITTAGELA) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

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Frequently Asked Questions

What caused the decline in Nitta Gelatin India Ltd. Share Price today?

Ans. The decline in Nitta Gelatin India Ltd. Share Price today was 10.22%, but the supplied data does not specify a company-specific catalyst for this movement. The stock moved -10.22% during the session.

How does Nitta Gelatin India Ltd.'s P/E ratio compare to the industry?

Ans. Nitta Gelatin India Ltd.'s P/E ratio of 16.88 is below the industry median of 21.52, indicating a relatively lower valuation compared to its peers. The company trades at a P/E ratio of 16.88x.

What is the market capitalization of Nitta Gelatin India Ltd.?

Ans. Nitta Gelatin India Ltd. has a market capitalization of Rs 1,743.06 crore, positioning it within the small-cap category in the chemicals sector. The company operates in the Chemicals sector. Its P/E ratio is 16.88x.

What are the key profitability metrics for Nitta Gelatin India Ltd.?

Ans. Nitta Gelatin India Ltd. has a return on equity (ROE) of 18.64% and a return on capital employed (ROCE) of 20.19%, both above industry medians. ROE stands at 18.64%. ROCE stands at 20.19%.

How does Nitta Gelatin India Ltd.'s P/B ratio compare to the industry?

Ans. The company's P/B ratio of 3.25 is higher than the industry median of 1.58, suggesting a premium valuation on book value. The company trades at a P/E ratio of 16.88x.

How does Nitta Gelatin India Ltd. compare to its peers in terms of ROE?

Ans. Nitta Gelatin India Ltd.'s ROE of 18.64% is strong but lower than Bhansali Engineering Polymers Ltd.'s 42.11%, indicating competitive profitability. ROE stands at 18.64%. ROCE stands at 20.19%. The relevant peer median ROE is 12.09%.

What sector does Nitta Gelatin India Ltd. operate in?

Ans. Nitta Gelatin India Ltd. operates in the chemicals sector, specializing in the production of gelatin and collagen peptides. The stock belongs to the Chemicals sector. Its industry classification is Chemicals.