looking bullish and near breakouta recent reversal from a long term trendline.
near all time high ready for a breakout if volume supports then can give a good move
fundamentals also good.
this is just for information.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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30.20 INR
901.91 M INR
11.92 B INR
15.21 M
About PITTI ENGINEERING LTD
Sector
Industry
Headquarters
Hyderabad
Website
Founded
1983
ISIN
INE450D01021
FIGI
BBG000D6DKN7
Pitti Engineering Ltd. engages in the provision of electrical tooling, stampings, and machining. The company offers steel lamination, motor cores, sub-assemblies, die-cast rotors, press tools, and machining of metal components. The firm supplies a range of engineering product to vastly diversified segments like hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, E-mobility, appliances, medical equipment, oil & gas, and several other Industrial applications. It operates through the India and Outside India geographical segments. The company was founded by Sharad Badrivishal Pitti on September 17, 1983 and is headquartered in Hyderabad, India.
PITTIENG - BULLISHStock name = Pitti Engineering Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and
Pitti Engineering LtdPitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components.
The product portfolio of the co. includes Sheet Metal used in 20+ end user industries , Precision Machining used for complex machi
Pitti - Daily chart breakoutBreakout in Pitti Engineering. Previous SL can be a possible stop. Enter with own discretion.
# Pitti Engg Hold for long term with stoploss .. good fundamentals and shown resilience during big falls of index... stock has strength ...
Pitti Engineering LtdENTRY - 320 -330 levels
SL - 290
Hold for Longterm
Market Cap
₹ 1,214 Cr.
Current Price
₹ 379
Stock P/E
20.6
Book Value
₹ 104
Dividend Yield
0.40 %
ROCE
18.2 %
ROE
19.0 %
Face Value
₹ 5.00
Promoter holding
59.3 %
EPS last year
₹ 18.4
EPS latest quarter
₹ 7.75
Debt
₹ 356 Cr.
Pledged
PITTI BUY @ 372.75entry 372.75
qty 35
sl 349.65
nice breakout on all time frames
took half position.
VCPVCP characteristics
Breakout on above average volumes
Trading above key moving averages
Entry at 332 with 10% position size
Stop at day low
Publishing for my own reference. Not an investment/trading advice.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PITTIENG is 1,281.70 INR — it has decreased by −1.54% in the past 24 hours. Watch PITTI ENGINEERING LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange PITTI ENGINEERING LTD stocks are traded under the ticker PITTIENG.
PITTIENG stock has fallen by −1.49% compared to the previous week, the month change is a −6.09% fall, over the last year PITTI ENGINEERING LTD has showed a 83.55% increase.
We've gathered analysts' opinions on PITTI ENGINEERING LTD future price: according to them, PITTIENG price has a max estimate of 1,552.00 INR and a min estimate of 1,501.00 INR. Watch PITTIENG chart and read a more detailed PITTI ENGINEERING LTD stock forecast: see what analysts think of PITTI ENGINEERING LTD and suggest that you do with its stocks.
PITTIENG reached its all-time high on Oct 11, 2024 with the price of 1,457.60 INR, and its all-time low was 8.25 INR and was reached on Mar 6, 2009. View more price dynamics on PITTIENG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PITTIENG stock is 2.84% volatile and has beta coefficient of 0.94. Track PITTI ENGINEERING LTD stock price on the chart and check out the list of the most volatile stocks — is PITTI ENGINEERING LTD there?
Today PITTI ENGINEERING LTD has the market capitalization of 46.67 B, it has increased by 1.08% over the last week.
Yes, you can track PITTI ENGINEERING LTD financials in yearly and quarterly reports right on TradingView.
PITTI ENGINEERING LTD is going to release the next earnings report on Nov 13, 2024. Keep track of upcoming events with our Earnings Calendar.
PITTIENG net income for the last quarter is 205.49 M INR, while the quarter before that showed 403.54 M INR of net income which accounts for −49.08% change. Track more PITTI ENGINEERING LTD financial stats to get the full picture.
Yes, PITTIENG dividends are paid annually. The last dividend per share was 1.50 INR. As of today, Dividend Yield (TTM)% is 0.11%. Tracking PITTI ENGINEERING LTD dividends might help you take more informed decisions.
PITTI ENGINEERING LTD dividend yield was 0.20% in 2023, and payout ratio reached 5.33%. The year before the numbers were 1.00% and 14.71% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PITTI ENGINEERING LTD EBITDA is 1.94 B INR, and current EBITDA margin is 14.29%. See more stats in PITTI ENGINEERING LTD financial statements.
Like other stocks, PITTIENG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PITTI ENGINEERING LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PITTI ENGINEERING LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PITTI ENGINEERING LTD stock shows the buy signal. See more of PITTI ENGINEERING LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.