Nitco is currently trading at Rs. 45.40, up by 0.50 points or 1.11% from its previous closing of Rs. 44.90 on the BSE.
The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 45.40 and Rs. 43.55 respectively. So far 1948 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.30 on 03-May-2011 and a 52 week low of Rs. 31.55 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 49.50 and Rs. 44.05 respectively. The current market cap of the company is Rs. 146.86 crore.
The promoters holding in the company stood at 48.90% while Institutions and Non-Institutions held 17.64% and 33.46% respectively.
Credit rating CARE has reaffirmed BBB+ rating to Rs 648.43 crore long term bank facilities of Nitco. The rating agency has also reaffirmed A2 rating to Rs 633.07 crore short term bank facilities of the company.
The ratings continue to derive strength from the established track record of the company, strong brand name and wide distribution network. The ratings also take cognizance of sequential improvement in the operational performance during FY11 and 9mFY12 and successful completion of capital expenditure programme in FY11 (refers to the period April 1 to March 31).
Nitco is engaged in the manufacture of flooring tiles in India. Previously known as Nitco Tiles, the company is one of the largest manufacturers of flooring tiles in India.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1178.20 |
| Somany Ceramics | 441.15 |
| Cera Sanitaryware | 5332.20 |
| Asian Granito India | 75.34 |
| Pokarna | 928.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: