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About Nitin Castings Ltd
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Nitin Castings Limited, formerly known as `Aditya Leasing Limited` incorporated on December 3, 1982 was changed to Nitin Alloys Global Limited on June 6, 2006 and further to `Nitin Castings Limited` on January 3, 2017. Nitin Castings, a part of Kedia Group manufactures and sells Alloys Steel Castings. The Company offers centrifugal castings for applications in various industries, such as fertilizers and petrochemicals, industrial furnaces, steel plants, sponge iron plants, and pig iron plants; and high alloy steel castings for heat and corrosion resistant applications. The Company has manufacturing unit at Dadra and Nagar Haveli and is having Machining and Fabrication workshop at Valsad, Gujarat. During year 2007-08, the company expanded by increase in production capacity and commenced commercial production. They entered into the field of manufacturing of Centrifugal Castings by increasing their product range. Thus, the production capacity of Alloy Steel Castings (Static & Centrifugal) increased from 1,200 MT to 3,000 MT. The Company installed a new pilot plant of Investment Castings with the total capacity of 10 M.T. per month, which commenced operations effective on February 28, 2015. During 2015-16, the Company got into a Scheme of Arrangement, approved by Hon`ble High Court of Bombay between Rajshila Construction Private Limited (earlier known as Nitin Castings Private Limited) and their respective Shareholders which envisaged for demerger of Castings Business Undertaking carried out by Rajshila Construction Private Limited (Demerged Company) into the Company as a going concern and vesting of same into Rajshila Construction Private Limited, which became effective on December 15, 2016. FY 2018-19 was another landmark year for the Company, where it started a new Fabrication & Machining facility in Vapi, Gujarat to further manufacture value added, ready to fit engineering components for the core sector in both India & abroad.
Nitin Castings share price as on 15 Jul 2025 is Rs. 620. Over the past 6 months, the Nitin Castings share price has decreased by 8.08% and in the last one year, it has decreased by 15.67%. The 52-week low for Nitin Castings share price was Rs. 470.5 and 52-week high was Rs. 823.45.
508875
INE861H01020
Sep
Nitin Castings Ltd FAQs
You can buy Nitin Castings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nitin Castings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 15, 2025 04:01 PM the closing price of Nitin Castings Ltd was Rs.620.00.
The latest PE ratio of Nitin Castings Ltd as of Jul 15, 2025 04:01 PM is 25.48
The latest PB ratio of Nitin Castings Ltd as of Jul 15, 2025 04:01 PM is 0.26
The 52-week high of Nitin Castings Ltd share price is Rs. 823.45 while the 52-week low is Rs. 470.50
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 15, 2025 04:01 PM, the market cap of Nitin Castings Ltd stood at Rs. 318.74 Cr.
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