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Nitin Fire Protection soars on eyeing 22-25 percent revenue growth in FY16

19 Aug 2015 Evaluate

Nitin Fire Protection Industries is currently trading at Rs. 54.40, up by 2.90 points or 5.63% from its previous closing of Rs. 51.50 on the BSE.

The scrip opened at Rs. 52.40 and has touched a high and low of Rs. 55.30 and Rs. 52.25 respectively. So far 856777 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.51 on 01-Oct-2014 and a 52 week low of Rs. 27.20 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 55.30 and Rs. 39.30 respectively. The current market cap of the company is Rs. 1600.18 crore.

The promoters holding in the company stood at 71.89% while Institutions and Non-Institutions held 15.26% and 12.86% respectively.

Nitin Fire Protection Industries is eyeing for a 22-25 percent revenue growth in FY16. The company is focusing on Europe, Africa and North American markets in coming two to three years. The company is also aiming to become a $20 billion by 2020 for which the road map has been set already.

Nitin Fire Protection is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinder and refuelling systems company in India.



Nitin Fire Protectn Share Price

1.82 0.00 (0.00%)
10-Feb-2022 18:01 View Price Chart
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