Pitti Engineering Limited SHARE PRICE [LIVE]
BSE: INE450D01021 NSE: PITTIENG SECTOR: -
Open: | |
High: | |
Low: |
MKT Cap: | |
52-wk High: | |
52-wk Low: |
Prev close: | |
P/E: | |
Div yield: |
Fundamental analysis
What is not working for the company?
What is working for the company?
Name | Mar 21 | Dec 20 |
---|
Similar Stocks
Return Calculator
This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
If I had made LUMPSUM investment of ₹ 1,00,000
in Pitti Engineering Limited
Months ago
My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
PITTIENG News
- DYNAMIC PORTFOLIO MANAGEMENT & SERVICES LIMITED
- CEINSYS TECH LTD
- BALMER LAWRIE & CO.LTD.
- USHANTI COLOUR CHEM LIMITED
- VEDANT FASHIONS LTD
- MEGA CORPORATION LIMITED
- UFO MOVIEZ INDIA LTD
- LANDMARC LEISURE CORPORATION LIMITED
- SAMPRE NUTRITIONS LTD.
- PRIMA INDUSTRIES LTD.
- INCON ENGINEERS LTD.
- KRIDHAN INFRA LIMITED
- PATSPIN INDIA LTD.
- DARJEELING ROPEWAY COMPANY LTD
- KBC GLOBAL LIMITED
- MEDPLUS HEALTH SERVICES LIMITED
- GAURAV MERCANTILES LTD
- VAKSONS AUTOMOBILES LTD
- MUKAND ENGINEERS LTD.
- MONSANTO INDIA LTD.
Frequently Asked Questions
What is the Share price of Pitti Engineering Limited (PITTIENG)?
Can I buy Pitti Engineering Limited (PITTIENG) shares?
How do I buy Pitti Engineering Limited (PITTIENG) from Angel One?
- Direct investment: You can buy Pitti Engineering Limited (PITTIENG) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Pitti Engineering Limited (PITTIENG) shares.
About PITTIENG
Today's live share price for Pitti Engineering Limited is NSE: ₹ 309.10, BSE: ₹ 310.75 with a current market capitalization of .
Incorporated as a private limited company on 17 Sep.'83, Pitti Laminations (PLL) commenced commercial production in Mar.'87. It was converted into a public limited company on 29 Dec.'92. PLL was promoted by Badrivishal Pitti, Sharad Pitti and G Vijaykumar.Sharad B Pitti is Chairman and managing director of the company. The company is engaged in the manufacture of electric-grade steel stampings and laminations which form important components in motors, rotors and other electrical components. The company came out with a public issue of 19 lac shares at a premium of Rs 10 per share, aggregating Rs 3.80 cr, in Jan.'94. The proceeds of the issue were utilised to part-finance the Rs 5.6-cr project to expand the company's product range of electrical-grade stampings. PLL has been awarded the ISO 9002 certification by Bureau Veritas Quality International (BVQI) for the manufacture of electrical stampings and die-cast rotors. The company's clientele includes prestigeous companies like Asea Brown Boveri, Siemens, GEC, Kirloskar, Crompton Greaves, Bharat Bijlee, etc. In 1994-95, PLL expanded its capacity to 4000 tpa. It has launched a second expansion programme to raise the capacity from 4000 tpa to 6000 tpa at an estimated cost of Rs 4.80 cr. The expansion scheme is designed to produce higher volumes of stampings of different diameters to serve the specific needs of the customers. It plans to integrate forward into the manufacture of die-cast rotors and wound stators. At the end of the financial year 1998-99, the company's accumulated losses exceeded its net worth, therefore the company would be treated as a Sick Industrial Company under the provisions of the Sick Industrial Companies (special provisions) Act, 1985. During the year 99-00 a growth of 18.76% was achieved in sales.In the year 2000 the BIFR has declared the company as Sick company and State Bank of India,Industrial Finance Branch Hydrebad has been appointed as Operating agency. The company has registered a growth of 11.98% in the turnover during the year 2000-01.Therefore the turnover of the company is stood at Rs.2520.09 lakhs during the year 2001 as against Rs.2250.42 lakhs in the previous year. Though the improvement in sales volume is nominal, larger revenue has derived from commercialization of tool room and relatively higher exports during the year. The company has registered a growth of 57.23% in the export segment.
Read more