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Pitti Engineering Limited
Share Price Target & Analysis

NSE:PITTIENG

866.90

VWAP

860.45

Open

853.95

Close

883.70

High

845.10

Low

908.60

52 Week High

874.90 ⇧
20.95 (2.45%)

PITTIENG

(INDUSTRIAL MANUFACTURING)
94.1% Momentum

Trending & Favourite

335.00

52 Week Low

23.3

EPS

59.33

PE

8.39

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: PITTIENG Share Price Financial Analysis & Valuation

Pitti Engineering Limited (PITTIENG) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering vertical. It is one of Small Cap company with Market Capitalization of Rs 869.3 (in Cr). Total number of free float shares are 3 (in Lacs). Pitti Engineering Limited is listed on NSE with Exchange ID - INE450D01021 and trading code is NSE:PITTIENG with short name Pitti Engineeri.

In the past 1 year, Pitti Engineering Limited has declared an equity dividend of Rs 2.025 per share. At the current share price of PITTIENG at Rs 874.90, this results in a dividend yield of 0.23 %.

As per the Fundamental Analysis of NSE:PITTIENG, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PITTIENG underlying value and future prospects. All of this data is available in PITTIENG financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PITTIENG, it is clearly understood that PITTIENG is Economical performer in terms of earnings and profit margins with an EPS of 23.3. NSE:PITTIENG book value per share as of today is 104.24. The current price to book ratio for PITTIENG as of May 15, 2024 is 8.39.

Valuation of the Stock: The current valuation of PITTIENG stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PITTIENG whether to BUY this stock at current valuation. The delivery percentage of PITTIENG is 51.25% is very crucial parameter which shows that 51.25% investors are anticipating that the price of PITTIENG share should go up with VWAP at 866.90.

Now, the main question is whether to BUY or SELL, NSE:PITTIENG at current valuation.
As per latest Analysis No. #1585:-

⇑ STRONG BUY PITTIENG if All Greens

⇗ BUY PITTIENG (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PITTIENG (With Stop Loss) if only 1 Green

⇘ SELL PITTIENG if NO Green Indicator

NSE: PITTIENG Share Price Today (May 15, 2024)

(Pitti Engineering Limited Daily Analysis on the basis of PITTIENG Intraday Graph & Trend)

Pitti Engineering Limited share price moved Up by 2.45% from its previous close of Rs 853.95. PITTIENG stock last traded price is 874.90. PITTIENG share price trend is Up with a total of 118144 stocks traded till now. It has touched an intraday high of Rs 883.70 and an intraday low of Rs 845.10. The PITTIENG trading at 874.90, Up by Rs. 20.95, or 2.45 percent which suggests that most of the Traders are anticipating that the price of PITTIENG share should go Up.

NSE: PITTIENG Share Price Tomorrow Prediction

(Pitti Engineering Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PITTIENG)

Pitti Engineering Limited share price moved Up by 2.45%. PITTIENG share price short term trend is Up. It suggests that PITTIENG Share Price for Tomorrow remains the same with VWAP at 866.90 will be treated as stop loss for intraday traders. Pitti Engineering Limited Long term investors can follow the PITTIENG long term trend as mentiond in future forecast table.

NSE Code

NSE: PITTIENG

PITTIENG Share Price Today

 874.90

PITTIENG Share Price Target Prediction for 2024 ^

 599.1 - 913.1

PITTIENG Share Price Target Prediction for 2025*^

 913.1 - 972.7

PITTIENG Share Price Target Prediction for 2026*^

 972.7 - 1040.8

PITTIENG Share Price Target Prediction for 2027*^

 1093

PITTIENG Share Price Target Prediction for 2028*^

 1124

PITTIENG Share Price Target Prediction for 2030*^

 1225
PITTIENG Current Book Value 2023
103.7

*Pitti Engineering Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PITTIENG share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PITTIENG Technical Analysis

Candlestick Pattern: @874.9

PITTIENG Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 842.14 BUY 852.7 BUY
MA_12 853.27 BUY 846.28 BUY
MA_20 842.93 BUY 840.33 BUY
MA_32 828.92 BUY 824.17 BUY
MA_50 805.1 BUY 805.64 BUY
MA_100 749.94 BUY 767.65 BUY
MA_200 684.39 BUY 676.32 BUY

PITTIENG Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 842.93 Uptrend
MACD -2.45 SELL
ADX 17.68 NO or Weak Trend
DMI (+/-) 23.32 / 14.26 Uptrend

PITTIENG Momentum Oscillators

BUY (6) NEUTRAL (6) SELL (0)
Momentum Oscillators Value Action
RSI 59.16 Neutral
STOCHASTIC_K (Fast) 93.34 Overbought
STOCHASTIC_D (Slow) 82.04 Overbought
CCI 47.14 Neutral
PSAR 800 BUY
TRUE RANGE 38.6 Neutral
ATR 36.71 Neutral
WILLIAMS R -31.03 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 92.81 Overbought
MOMENTUM 22.15 BUY

PITTIENG Last 1 Year Trend

Duration Value
1 Year 145.21%
3 Months 31.76%
1 Month 2.6%
1 Week 3.47%

PITTIENG Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 73%
NEUTRAL / HOLD 23%
SELL 3%

Most popular Questions & Answers about PITTIENG


Pitti Engineering Limited stock last traded price is 874.90. PITTIENG share price moved Up by 2.45% from its previous close of Rs 853.95.

Pitti Engineering Limited share price trend is Up with a total of 118144 stocks traded till now. It has touched an intraday high of Rs 917.686 and an intraday low of Rs 845.10. The PITTIENG trading at 874.90, Up by Rs. 20.95, or 2.45 percent which suggests that most of the Traders are anticipating that the price of PITTIENG share should go Up and the Stop Loss will be around 866.90.

The market cap of Pitti Engineering Limited is ₹869.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Pitti Engineering Limited as of May 14, 2024 is 59.33.

The current price to book ratio for Pitti Engineering Limited as of May 14, 2024 is 8.39.

The highest price of Pitti Engineering Limited stock is ₹908.60 in the last 52-week.

The lowest price of Pitti Engineering Limited stock is ₹335.00 in the last 52-week.

Pitti Engineering Limited share trading at ₹874.90, Up by Rs. 20.95, or 2.45 percent which suggests that most of the traders are anticipating that the price of PITTIENG share should go Up.

In 2023, Stock price target for Pitti Engineering Limited (PITTIENG) are ₹599.1 on downside and ₹913.1 on upside. Pitti Engineering Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Pitti Engineering Limited (PITTIENG) are ₹913.1 on downside and ₹972.7 on upside. Pitti Engineering Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Pitti Engineering Limited (PITTIENG) are ₹972.7 on downside and ₹1040.8 on upside. Pitti Engineering Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Pitti Engineering Limited (PITTIENG) will be around ₹1124 Pitti Engineering Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PITTIENG.

As per the fundamental analysis of Pitti Engineering Limited (PITTIENG), it is of Economical quality in terms of earnings and profit margins with an EPS of 23.3. Pitti Engineering Limited book value per share as of today is 104.24. The current price to book ratio for PITTIENG as of May 15, 2024 is 8.39.


NSE:PITTIENG News & Other Useful Information about PITTIENG Share Price


Peer Comparison of NSE: PITTIENG

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering

Company Price EPS BV
IONEXCHANG 521.65 13.85 63.92
LTTS 4456.65 118.96 443.29
QUESS 637.20 19.42 146.25
CRAFTSMAN 4372.20 93.52 731.71
ENGINERSIN 247.65 7.56 37.46
PITTIENG 874.90 23.3 104.24
SKIPPER 325.40 7.1 80.79
SALASAR 20.85 0.29 2.5
HERCULES 486.60 34.08 220.83
OMINFRAL 128.55 7.32 72.36
Updated at: 15 May 2024 15:48

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