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Start SIP in Pitti Engineering Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
Near 52W High
6.6
TTM PE Ratio
Below industry Median
31.9
Price to Book Ratio
Below industry Median
7.1
Dividend yield 1yr %
Low in industry
0.2
TTM PEG Ratio
PEG TTM is less than 1
0.8
RSI
RSI is mid-range
69.4
MFI
MFI strongly Overbought
82

Pitti Engineering Ltd Key Financials

*All values are in ₹ Cr.

Pitti Engineering Ltd shareholding Pattern

Promoter
59.3%
Foreign Institutions
0.2%
Mutual Funds
1.9%
Domestic Institutions
6.6%
Public
33.9%

Pitti Engineering Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
703.70
10Day EMA
684.30
12Day EMA
680.50
20Day EMA
674.10
26Day EMA
673.10
50Day EMA
672.90
100Day EMA
651.90
200Day EMA
583.00
Delivery & Volume
Resistance & Support
734.73
Pivot
Resistance
First Resistance
755.27
Second Resistance
767.38
Third Resistance
787.92
Support
First Support
722.62
Second support
702.08
Third Support
689.97
Relative Strength Index
69.35
Money Flow Index
82.05
MACD
7.38
MACD Signal
-2.85
Average True Range
27.34
Average Directional Index
20.10
Rate of Change (21)
16.12
Rate of Change (125)
28.96

Pitti Engineering Ltd Company background

Founded in: 1983
Managing director: Sharad B Pitti
Pitti Engineering Limited (Formerly known as Pitti Laminations Limited) was incorporated on September 17, 1983. The Company is engaged in manufacture of engineering products of iron and steel including electrical steel lamination, subassemblies for motor generator cores, diecast rotors and machined casted fabricated parts and shafts. The Company supplies a range of engineering products to vastly diversified segments like hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, Emobility, appliances, medical equipment, oil gas and several other Industrial applications. Their products finds a suitable application in almost all engineering application.The company came out with a public issue of 19 lac shares at a premium of Rs 10 per share, aggregating Rs 3.80 cr, in Jan.94. The proceeds of the issue were utilised to partfinance the Rs 5.6cr project to expand the companys product range of electricalgrade stampings. PLL has been awarded the ISO 9002 certification by Bureau Veritas Quality International (BVQI) for the manufacture of electrical stampings and diecast rotors. The companys clientele includes prestigeous companies like Asea Brown Boveri, Siemens, GEC, Kirloskar, Crompton Greaves, Bharat Bijlee, etc.In 199495, PLL expanded its capacity to 4000 tpa. It has launched a second expansion programme to raise the capacity from 4000 tpa to 6000 tpa at an estimated cost of Rs 4.80 cr. The expansion scheme is designed to produce higher volumes of stampings of different diameters to serve the specific needs of the customers. It plans to integrate forward into the manufacture of diecast rotors and wound stators. At the end of the financial year 199899, the companys accumulated losses exceeded its net worth, therefore the company would be treated as a Sick Industrial Company under the provisions of the Sick Industrial Companies (special provisions) Act, 1985.During the year 9900 a growth of 18.76% was achieved in sales.In the year 2000 the BIFR has declared the company as Sick company and State Bank of India,Industrial Finance Branch Hydrebad has been appointed as Operating agency.The company has registered a growth of 11.98% in the turnover during the year 200001.Therefore the turnover of the company is stood at Rs.2520.09 lakhs during the year 2001 as against Rs.2250.42 lakhs in the previous year.Though the improvement in sales volume is nominal, larger revenue has derived from commercialization of tool room and relatively higher exports during the year.The Phase I New Plant with an installed capacity of 4000 MT per annum commenced commercial operations on 13th April, 2005. The expansioncummodernisation project of the Company was commissioned in Sep 06. The Forward Integration Project of Motor Housing was commissioned on January 28, 2008. During the year 201718, the Company had commenced operations at the Aurangabad and commenced commercial production at Hyderabad (Plant IV). The Companys name was renamed from Pitti Laminations Limited to Pitti Engineering Limited, effective from May 08, 2018. During the year 202021, Company incorporated a Wholly Owned Subsidiary (WoS) viz., Pitti Rail and Engineering Components Limited on 5th October 2020.
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Pitti Engineering Ltd FAQs

Pitti Engineering Ltd shares are currently priced at 743.15 on NSE and 742.15 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Pitti Engineering Ltd [PITTIENG] share was 155.5. The Pitti Engineering Ltd [PITTIENG] share hit a 1-year low of Rs. 255.6 and a 1-year high of Rs. 748.7.

The market cap of Pitti Engineering Ltd is Rs. 2381.8 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Pitti Engineering Ltd is 31.85 as of 2/22/2024 12:00:00 AM.

The PB ratios of Pitti Engineering Ltd is 6.55 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 1.89% at the end of 2/22/2024 12:00:00 AM.

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