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Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amid Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3, marking a significant decline in its stock price amid broader market gains. The stock's recent performance contrasts sharply with the positive trajectory of the Sensex and sector peers, reflecting ongoing pressures within the company’s financial metrics and market positioning.
Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amid Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3, marking a significant decline in its stock price amid a period of underperformance relative to the broader market and its sector peers. The stock’s recent price movement reflects ongoing pressures despite a generally positive trend in the Sensex and the castings and forgings industry.
Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amid Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3, marking a significant decline in its stock price amid a period of underperformance relative to the broader market and its sector peers.
Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amidst Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3, marking a significant decline in its stock price amid broader market gains. The stock’s recent performance contrasts sharply with the positive trajectory of the Sensex and the castings and forgings sector, highlighting ongoing challenges for the company.
Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amidst Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3 today, marking a significant decline in its stock price amid broader market gains. The stock’s recent performance contrasts sharply with the positive trajectory of the Sensex and the castings and forgings sector, highlighting ongoing challenges for the company.
Nitin Castings Stock Falls to 52-Week Low of Rs.435.3 Amid Market Underperformance
Nitin Castings has reached a new 52-week low of Rs.435.3, marking a significant decline in its stock price amid broader market gains. The stock's recent performance contrasts sharply with the positive trajectory of the Sensex and the castings and forgings sector, highlighting ongoing challenges for the company.
Why is Nitin Castings falling/rising?
As of 19-Nov, Nitin Castings Ltd's stock price is Rs 488.15, down 2.9% and has declined 7.26% over the last three days. The stock is trading below all key moving averages, indicating a bearish trend, and has underperformed significantly compared to the Sensex year-to-date.
Nitin Castings Q2 FY26: Sharp Profit Decline Signals Operational Headwinds
Nitin Castings Ltd., a micro-cap alloy steel castings manufacturer within the Kedia Group, reported a concerning Q2 FY26 performance with net profit plunging 74.08% quarter-on-quarter to ₹1.48 crores from ₹5.71 crores in Q1 FY26. On a year-on-year basis, profitability declined 64.76% from ₹4.20 crores in Q2 FY25, raising red flags about the sustainability of the company's operational efficiency. The stock, currently trading at ₹513.85 with a market capitalisation of ₹269.00 crores, has declined 2.37% following the results announcement, extending its year-to-date losses to 26.06%.
How has been the historical performance of Nitin Castings?
Nitin Castings has shown consistent growth, with net sales increasing from 61.97 crore in March 2021 to 150.57 crore in March 2025, and profit after tax rising from 1.31 crore to 12.41 crore during the same period. The company has demonstrated strong profitability and a solid asset base, with total assets growing from 67.21 crore to 129.24 crore.
Why is Nitin Castings falling/rising?
As of 14-Nov, Nitin Castings Ltd's stock price is 528.50, up 3.43%, and has shown a trend reversal after two days of decline. Despite a year-to-date drop of 23.96%, the company exhibits strong long-term growth potential and has recently outperformed the Sensex in the short term.
Nitin Castings Hits New 52-Week Low as Stock Plummets to Rs. 463.5
Nitin Castings has hit a new 52-week low, reflecting a significant decline amid ongoing challenges in the market. The stock has underperformed its sector and is trading below key moving averages. Despite the broader market's positive momentum, the company has faced a notable drop in its one-year performance.
Why is Nitin Castings falling/rising?
As of 06-Oct, Nitin Castings Ltd's stock price is Rs 495.05, down 5.06% and has fallen 13.41% over the past week. Despite increased investor participation, the stock is underperforming compared to the benchmark Sensex, which has gained 1.77% in the same period.
Why is Nitin Castings falling/rising?
As of 24-Sep, Nitin Castings Ltd is trading at 574.00, up 1.78%, but remains below key moving averages, indicating a bearish trend. Despite a year-to-date decline of 17.41%, the company shows strong long-term growth potential, which may support its current price increase.
Why is Nitin Castings falling/rising?
As of 23-Sep, Nitin Castings Ltd is priced at 563.95, having decreased by 0.34% and showing a total decline of 2.52% over the last two days. Despite strong long-term growth metrics, recent negative returns and reduced investor participation indicate ongoing market challenges.
Why is Nitin Castings falling/rising?
As of 22-Sep, Nitin Castings Ltd is priced at Rs 582.80, having gained 0.74% recently, but it has seen a significant decline of 12.88% over the past month. Despite short-term recovery, the stock's year-to-date performance is poor, down 16.14%, indicating a cautious outlook.
Why is Nitin Castings falling/rising?
As of 19-Sep, Nitin Castings Ltd is priced at 578.50, with a recent increase of 0.61% and a significant rise in delivery volume. Despite short-term gains, the stock has a year-to-date decline of 16.76% and has underperformed against the benchmark, although it has shown strong long-term growth over the past three years.
Why is Nitin Castings falling/rising?
As of 18-Sep, Nitin Castings Ltd is priced at 575.00, having increased by 0.58% recently. Despite healthy long-term growth and a low debt-to-equity ratio, the stock has underperformed in the short term, with a significant decline over the past month and reduced investor participation.
Why is Nitin Castings falling/rising?
As of 17-Sep, Nitin Castings Ltd's stock price is Rs 571.70, down 2.24%, and has underperformed its sector. The stock is trading below all key moving averages and has seen significant declines in both short-term and year-to-date performance, despite positive long-term growth indicators.
Why is Nitin Castings falling/rising?
As of 16-Sep, Nitin Castings Ltd is currently priced at 584.80, reflecting a 1.86% increase today, but has declined 6.42% over the past month. Despite strong operating profit growth and a low debt-to-equity ratio, reduced trading volume and negative returns indicate waning investor confidence.
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