Is NITIRAJ.NS overvalued or undervalued?

NITIRAJ.NS currently has a P/E ratio of 89.32. Relative to the sector average of 39.20, this suggests the stock may be overvalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy Nitiraj Engineers Limited stock?

Nitiraj Engineers Limited trades on NSE. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of NITIRAJ.NS?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying NITIRAJ.NS protect my money against local inflation?

Many investors in Latin America buy international stocks like NITIRAJ.NS to protect their purchasing power. Because NITIRAJ.NS is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy NITIRAJ.NS shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is NITIRAJ.NS a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well NITIRAJ.NS diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocksNITIRAJ.NS

Nitiraj Engineers Limited

₹209.90+₹6.21+3.05%

NSE / INR

Market cap

₹2.2B

P/E

89.3

EPS (TTM)

₹0.03

Dividend yield

0.71%

Beta

-0.04

1Y return

+3.65%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$5M2022

$6M2023

$12M2024

$9M2025

$5M2026

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity0.00Low
Current ratio6.59
Cash ratio0.55
Net margin4.4%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

NITIRAJ.NS89.3
Technology sector median39.2
S&P 50022.0

Trades about 128% above its sector, the market expects faster growth.

Ratios

PEG-1.47
Price to book2.61
EPS (TTM)₹0.03
Payout ratio0%
FCF yield-4.31%

Range & risk

₹168.00₹241.00

Trading in the middle of its 52-week band

Beta-0.04

Profile

What Nitiraj Engineers Limited actually does

Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; analytical weighing balances; special application indicators; growth monitoring devices; home automation devices; security solutions; as well as other security and automation products. The company also provides remote pilot training organisation (RPTO) services for drones/UAVs. It markets its products under the Phoenix brand name through regional branches and dealers. The company was incorporated in 1989 and is based in Dhule, India.

CEO

Rajesh Raghunath Bhatwal

Employees

262

Headquarters

Dhule, MH

Founded

2017-03-16

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

NITIRAJ.NS has a beta of -0.04, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Nitiraj Engineers Limited