₹800.7
2.24%
Low
Day's Volatility:3.40%
High
1.16%
62.38%
Low
52 Weeks Volatility:71.66%
High
9.28%
Returns % | |
1 Month Return | 15.16 % |
3 Month Return | 21.39 % |
1 Year Return | 163.25 % |
Market Stats | |
Previous Close | ₹810.40 |
Open | ₹810.00 |
Volume | 70.26K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹2,597.34Cr |
based on 1 analysts
Based on 1 analysts offering long term price targets for Pitti Engineering Ltd. An average target of ₹1083
Source: S&P Global Market Intelligence
Organisation | Pitti Engineering Ltd |
Headquarters | Hyderabad |
Industry | Capital Goods-Non Electrical Equipment |
E-voting on shares | Click here to vote |
Key events for Pitti Engineering Ltd
KR Choksey has maintained its Buy rating on Pitti Engineering Limited (PEL) with a target price of Rs 1,083. PEL has finalized an agreement with Bagadia Chaitra Industries Private Limited (BCIPL) to enhance its market footprint in South India and increase its capacity to approximately 90,000 tonnes. The acquisition offers numerous financial advantages, including bolstered asset base, increased production capacity, facilitating entry into new sectors and customer acquisition.
Pitti Engineering Acquires Company for Expansion - 19 Mar, 2024
Pitti Engineering has acquired Bagadia Chaitra Industries Private Limited to expand its presence in South India, increase production capacity, enter new sectors, and gain new customers. Analysts assign a target price of Rs 1,083 per share with a 50% upside from current levels, maintaining a Buy rating on the shares.
Pitti Engineering's Debt Looks Manageable - 14 Mar, 2024
Pitti Engineering has a net debt worth 2.0 times EBITDA, but its ability to pay down debt is enhanced by growing EBIT by 27% in the last year. While interest payments are somewhat of a burden, Pitti Engineering can handle its debt fairly comfortably.
Pitti Engineering Acquires Bagadia Chaitra Industries - 12 Mar, 2024
Pitti Engineering is set to acquire Bagadia Chaitra Industries for an enterprise value of Rs 125 crore and will inject up to Rs 40 crore as funding into the company on the closing date. The acquisition broadens Pitti's presence in South India and adds to its overall asset base and production capacity.
Pitti Engineering Acquires Bagadia Chaitra Industries - 11 Mar, 2024
Pitti Engineering Limited has signed an agreement to acquire Bagadia Chaitra Industries Private Limited for Rs 124.92 crore, enabling greater market penetration, entry into new end-use sectors, and enhanced operational strength.
Fundamentals of Pitti Engineering Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 3 years, PITTIENG stock has moved up by 1149.7%
Best in 1 Year
In the last 1 year, PITTIENG has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment
FII Holding Up
Foreign Institutions have increased holdings from 0.13% to 0.22% in Dec 2023 quarter
Best in 3 Years
In the last 3 years, PITTIENG has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment
Promoter Holding Unchanged
Promoters holdings remained unchanged at 59.29% of holdings in Dec 2023 quarter
Retail Holding Down
Retail Investor have decreased holdings from 35.06% to 33.93% in Dec 2023 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 302.85 Cr → 296.92 Cr (in ₹), with an average decrease of 2.0% per quarter
MF Holding Down
Mutual Funds have decreased holdings from 2.37% to 1.89% in Dec 2023 quarter
Profit Down
Netprofit is down for the last 2 quarters, 22.55 Cr → 13.32 Cr (in ₹), with an average decrease of 40.9% per quarter
Pitti Engineering Ltd in the last 5 years
Lowest (5.31x)
April 26, 2021
Today (34.77x)
April 18, 2024
Industry (82.83x)
April 18, 2024
Highest (36.58x)
April 12, 2024
Funds | Holdings |
Quant Momentum Fund Direct Growth | 1.14% |
LIC MF Infrastructure Fund Direct Plan Growth Option | 0.97% |
LIC MF Childrens Gift Fund Direct Plan | 2.17% |
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 59.29% | 0.00 | |
Foreign Institutions | 0.22% | 68.29 | |
Mutual Funds | 1.89% | ||
Retail Investors | 33.93% | ||
Others | 4.67% | 48.61 |
Technicals of Pitti Engineering Ltd share
News & Events of Pitti Engineering Ltd
Pitti Engineering Ltd (PITTIENG) share price today is ₹800.7
Pitti Engineering Ltd is listed on NSE
Pitti Engineering Ltd is listed on BSE
PE Ratio of Pitti Engineering Ltd is 34.77
PE ratio = Pitti Engineering Ltd Market price per share / Pitti Engineering Ltd Earnings per share
Today’s traded volume of Pitti Engineering Ltd(PITTIENG) is 70.26K.
Today’s market capitalisation of Pitti Engineering Ltd(PITTIENG) is ₹2597.34Cr.
Pitti Engineering Ltd(PITTIENG | Price |
---|---|
52 Week High | ₹875 |
52 Week Low | ₹301.2 |
Pitti Engineering Ltd(PITTIENG) share price is ₹800.7. It is down -8.49% from its 52 Week High price of ₹875
Pitti Engineering Ltd(PITTIENG) share price is ₹800.7. It is up 165.84% from its 52 Week Low price of ₹301.2
Pitti Engineering Ltd(PITTIENG | Returns |
---|---|
1 Day Returns | -9.7% |
1 Month Returns | 15.16% |
3 Month Returns | 21.39% |
1 Year Returns | 163.25% |