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Nitiraj Engineers Share Price Target 2024, 2025, 2026 to 2039 With Charts
Nitiraj Engineers Limited | |||
 | Symbol: NITIRAJ | ||
| Price: ₹231.02 | |||
| Exchange: NSE | |||
| Technology -> Scientific & Technical Instruments | |||
Show Table of Contents
Table of Contents
- 1: Nitiraj Engineers Brief Company Overview
- 1.1: Nitiraj Engineers Limited: A Comprehensive Overview
- 1.2: Nitiraj Engineers Financial Performance
- 1.2.1: Is Nitiraj Engineers A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Nitiraj Engineers Share Price Target For 2024
- 2.1.1: Nitiraj Engineers Share Price Target Table For 2024
- 2.1.2: Summary: Nitiraj Engineers Share Price Prediction For 2024
- 2.2: Nitiraj Engineers Share Price Target For 2025
- 2.2.1: Nitiraj Engineers Share Price Target Table For 2025
- 2.2.2: Summary: Nitiraj Engineers Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Nitiraj Engineers Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Nitiraj Engineers Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Nitiraj Engineers Past Performance
Nitiraj Engineers Brief Company Overview
Nitiraj Engineers Limited: A Comprehensive Overview
Established in 1989, Nitiraj Engineers Limited is a leading manufacturer of electronic weighing scales, currency counting machines, and fare meters for both industrial and domestic sectors in India and internationally.
Their diverse product range includes:
- Electronic weighing scales
- Currency counting machines
- Digital fare meters
- Home and hotel automation solutions
- Mechanical scales
Nitiraj Engineers Limited's products are marketed under the Phoenix brand name through a network of dealers. With a strong reputation in the industry, the company is committed to providing innovative and reliable solutions to its customers.
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Nitiraj Engineers Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 237.42 Crore | Market valuation of Nitiraj Engineers's shares. |
| Revenue (TTM) | 92.99 Crore | Total revenue generated by Nitiraj Engineers over the past twelve months. |
| Net Income (TTM) | +9.51 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -57.17% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 10.23% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -63.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +362.31% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.29 | Company's total debt divided by total shareholder equity. |
| Total Debt | 23.26 Lakh | Sum of Nitiraj Engineers's current & long-term financial obligations. |
| Total Cash | 14.21 Crore | Total amount of liquid funds available to Nitiraj Engineers. |
| Beta | 0.12 | Beta is less than 1 indicating that the Nitiraj Engineers's price is less volatile than the market. |
Is Nitiraj Engineers A Good Buy For Long Term?
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To predict the Nitiraj Engineers's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Nitiraj Engineers Share Price Target For 2024
The line chart displays the monthly closing prices of Nitiraj Engineers with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Nitiraj Engineers shares in 2024, see the table below.
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Nitiraj Engineers Share Price Target Table For 2024
| Nitiraj Engineers's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 252.45 (+9.27%) | Price Action: Jun 2024 High |
| 2024 Target 2 | 247.00 (+6.91%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 1 | 243.95 (+5.59%) | Price Action: 21 Aug 2024 High |
| Current Price | 231.02 | Nitiraj Engineers's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 225.95 (-2.2%) | Price Action: 22 Aug 2024 High |
| Stop Loss 2 | 222.55 (-3.67%) | Price Action: May 2024 Low |
| Stop Loss 3 | 217.66 (-5.79%) | Technical Indicator: MA150 |
Summary: Nitiraj Engineers Share Price Prediction For 2024
In summary, Nitiraj Engineers has surged by ₹112.12, achieving a notable +94.30% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Nitiraj Engineers for 2024 predicts an additional rise of 5.59% to 9.27% by the end of 2024 with three potential targets T1: 243.95, T2: 247.00, T3: 252.45. Stop Loss at SL1: 225.95, SL2: 222.55, SL3: 217.66.
Nitiraj Engineers has a 52-week high of ₹303.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Nitiraj Engineers.
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Nitiraj Engineers Share Price Target For 2025
The line chart displays the monthly closing prices of Nitiraj Engineers with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Nitiraj Engineers shares in 2025, see the table below.
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Nitiraj Engineers Share Price Target Table For 2025
| Nitiraj Engineers's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 382.30 (+65.48%) | Price Action: Chart |
| 2025 Target 2 | 375.17 (+62.39%) | Price Action: Chart |
| 2025 Target 1 | 371.46 (+60.79%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 231.02 | Nitiraj Engineers's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 193.04 (-16.45%) | Technical Indicator: MA200 |
| Stop Loss 2 | 191.11 (-17.28%) | Price Action: Chart |
| Stop Loss 3 | 187.67 (-18.77%) | Price Action: Chart |
Summary: Nitiraj Engineers Share Price Prediction For 2025
In summary, Nitiraj Engineers has surged by ₹112.12, achieving a notable +94.30% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Nitiraj Engineers for 2025 predicts an additional rise of 60.79% to 65.48% by the end of 2025 with three potential targets T1: 371.46, T2: 375.17, T3: 382.30. Stop Loss at SL1: 193.04, SL2: 191.11, SL3: 187.67.
Nitiraj Engineers has a All-Time high of ₹303.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Nitiraj Engineers, we have created a specific page for that check here: Nitiraj Engineers Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Nitiraj Engineers Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Nitiraj Engineers share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.64% over the next 15 years.
For complete year by year Nitiraj Engineers long term share price target from 2024, 2025 to 2039 check the below table.
Nitiraj Engineers Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Nitiraj Engineers Target | YoY Change % |
|---|---|---|
| 2024 | ₹231.02 | [Current Price] |
| 2024 | ₹304.44 | 31.78% |
| 2025 | ₹507.63 | 66.74% |
| 2026 | ₹683.83 | 34.71% |
| 2027 | ₹801.32 | 17.18% |
| 2028 | ₹933.12 | 16.44% |
| 2029 | ₹1,128.18 | 20.9% |
| 2030 | ₹1,398.87 | 23.99% |
| 2031 | ₹1,572.39 | 12.4% |
| 2032 | ₹1,627.79 | 3.52% |
| 2033 | ₹1,730.95 | 6.33% |
| 2034 | ₹1,951.91 | 12.76% |
| 2035 | ₹2,290.1 | 17.32% |
| 2036 | ₹2,460.96 | 7.46% |
| 2037 | ₹2,454.25 | -0.28% |
| 2038 | ₹2,528.78 | 3.03% |
| 2039 | ₹2,958.53 | 16.99% |
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Nitiraj Engineers Past Performance
- In 2017, Nitiraj Engineers opening price was ₹74.8
- As of Fri 06 Sep 2024 the price stands at ₹231.02.
- This represents a Compound Annual Growth Rate (CAGR) of 15.14%.
- In 7 years, an investment of 10,000 would have become ₹30,885.02.
As we wrap up, we hope you like our study on Nitiraj Engineers share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
