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- 6M
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Summary
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Recent events
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News
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Corporate Actions
Nitta Gelatin India Appoints Praveen Venkataramanan As MD
June 21 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
APPOINTMENT OF PRAVEEN VENKATARAMANAN AS MD
Source text for Eikon: ID:nBSE6Fzssb
Further company coverage: NITA.BO
(([email protected];;))
June 21 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
APPOINTMENT OF PRAVEEN VENKATARAMANAN AS MD
Source text for Eikon: ID:nBSE6Fzssb
Further company coverage: NITA.BO
(([email protected];;))
Nitta Gelatin India Dividend 6 Rupees Per Share
May 10 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
NITTA GELATIN INDIA LTD - DIVIDEND 6 RUPEES PER SHARE
NITTA GELATIN INDIA MARCH-QUARTER CONSOL NET PROFIT 139.5 MILLION RUPEES VERSUS PROFIT 161.8 MILLION RUPEES
NITTA GELATIN INDIA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.30 BILLION RUPEES VERSUS 1.46 BILLION RUPEES
Source text for Eikon: ID:nBSE1ZGPWL
Further company coverage: NITA.BO
(([email protected];))
May 10 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
NITTA GELATIN INDIA LTD - DIVIDEND 6 RUPEES PER SHARE
NITTA GELATIN INDIA MARCH-QUARTER CONSOL NET PROFIT 139.5 MILLION RUPEES VERSUS PROFIT 161.8 MILLION RUPEES
NITTA GELATIN INDIA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.30 BILLION RUPEES VERSUS 1.46 BILLION RUPEES
Source text for Eikon: ID:nBSE1ZGPWL
Further company coverage: NITA.BO
(([email protected];))
Nitta Gelatin India falls on pollution control board order to halt activities at unit
** Shares of commodity chemicals maker Nitta Gelatin India NITA.BO fall as much as 4% to 825.10 rupees, last down 2%
** Co says unit Bamni Proteins gets order passed by Maharashtra Pollution Control Board directing co to stop manufacturing activities
** Order due to non-conformity with the pollution control norms
** Stock trading below its 50-, 100-, and 200-day moving averages
** Busiest session since Feb. 9 when Dec qtr profit fell; more than 21,700 shares change hands, three times the 30-day avg in today's session
** Stock down 3.4% so far this year, had gained 41.3% in 2023 for fourth straight yearly gains
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of commodity chemicals maker Nitta Gelatin India NITA.BO fall as much as 4% to 825.10 rupees, last down 2%
** Co says unit Bamni Proteins gets order passed by Maharashtra Pollution Control Board directing co to stop manufacturing activities
** Order due to non-conformity with the pollution control norms
** Stock trading below its 50-, 100-, and 200-day moving averages
** Busiest session since Feb. 9 when Dec qtr profit fell; more than 21,700 shares change hands, three times the 30-day avg in today's session
** Stock down 3.4% so far this year, had gained 41.3% in 2023 for fourth straight yearly gains
(Reporting by Dimpal Gulwani in Bengaluru)
Nitta Gelatin India Says Unit In Receipt Of Order Passed By Maharashtra Pollution Control Board
March 14 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
UNIT IN RECEIPT OF ORDER PASSED BY MAHARASHTRA POLLUTION CONTROL BOARD
ORDER DIRECTING CO TO STOP MANUFACTURING ACTIVITIES AND SOURCE OF WATER SUPPLY
DETAILS ABOUT IMPACT DUE TO ORDER BEING ASCERTAINED
Source text for Eikon: ID:nBSE8qHCYS
Further company coverage: NITA.BO
(([email protected];))
March 14 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
UNIT IN RECEIPT OF ORDER PASSED BY MAHARASHTRA POLLUTION CONTROL BOARD
ORDER DIRECTING CO TO STOP MANUFACTURING ACTIVITIES AND SOURCE OF WATER SUPPLY
DETAILS ABOUT IMPACT DUE TO ORDER BEING ASCERTAINED
Source text for Eikon: ID:nBSE8qHCYS
Further company coverage: NITA.BO
(([email protected];))
Nitta Gelatin India's Dec-Quarter Consol Net Profit Falls
Feb 8 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
DEC-QUARTER CONSOL NET PROFIT 198.8 MILLION RUPEES VERSUS 272.6 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.34 BILLION RUPEES VERSUS 1.4 BILLION RUPEES
Source text for Eikon: ID:nBSEbSGl66
Further company coverage: NITA.BO
(([email protected];))
Feb 8 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
DEC-QUARTER CONSOL NET PROFIT 198.8 MILLION RUPEES VERSUS 272.6 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.34 BILLION RUPEES VERSUS 1.4 BILLION RUPEES
Source text for Eikon: ID:nBSEbSGl66
Further company coverage: NITA.BO
(([email protected];))
Nitta Gelatin India Says Accident At Kakkanad Factory
Sept 20 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
ACCIDENT AT KAKKANAD FACTORY ON SEPT 19, CONSEQUENT TO AN EXPLOSION NEAR SCRAP YARD
ONE CONTRACT WORKER SUCCUMBED TO INJURIES
FOUR WORKERS HAVE BEEN TAKEN TO HOSPITAL AND ARE UNDER TREATMENT
Further company coverage: NITA.BO
(([email protected];))
Sept 20 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
ACCIDENT AT KAKKANAD FACTORY ON SEPT 19, CONSEQUENT TO AN EXPLOSION NEAR SCRAP YARD
ONE CONTRACT WORKER SUCCUMBED TO INJURIES
FOUR WORKERS HAVE BEEN TAKEN TO HOSPITAL AND ARE UNDER TREATMENT
Further company coverage: NITA.BO
(([email protected];))
Nitta Gelatin India Says Philip Chacko M Resigns As Managing Director
May 19 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
PHILIP CHACKO M RESIGNS AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE1dWnr2
Further company coverage: NITA.BO
(([email protected];))
May 19 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
PHILIP CHACKO M RESIGNS AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE1dWnr2
Further company coverage: NITA.BO
(([email protected];))
Nitta Gelatin India March-Quarter Consol Net Profit Rises
May 8 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
RECOMMENDED DIVIDEND OF 7.5 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 161.8 MILLION RUPEES VERSUS PROFIT 122 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.46 BILLION RUPEES VERSUS 1.42 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE7qFJQk
Further company coverage: NITA.BO
(([email protected];))
May 8 (Reuters) - Nitta Gelatin India Ltd NITA.BO:
RECOMMENDED DIVIDEND OF 7.5 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 161.8 MILLION RUPEES VERSUS PROFIT 122 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.46 BILLION RUPEES VERSUS 1.42 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE7qFJQk
Further company coverage: NITA.BO
(([email protected];))
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What does Nitta Gelatin India do?
Nitta Gelatin India manufactures and sells a range of products including Gelatin, Ossein, DCP, and Collagen Peptide. Their product range caters to various industries such as pharmaceutical, food, agriculture, and industrial applications. With more than 60% exports, they serve customers globally.
Who are the competitors of Nitta Gelatin India?
Nitta Gelatin India major competitors are Chembond Chemicals, Primo Chemicals, Chemcon Speciality, Jayant Agro-Organics, DIC India, DMCC Speciality Chem, Indo Borax & Chem.. Market Cap of Nitta Gelatin India is ₹703 Crs. While the median market cap of its peers are ₹694 Crs.
Is Nitta Gelatin India financially stable compared to its competitors?
Nitta Gelatin India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Nitta Gelatin India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Nitta Gelatin India latest dividend payout ratio is 6.59% and 3yr average dividend payout ratio is 9.1%
How has Nitta Gelatin India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Nitta Gelatin India balance sheet?
Balance sheet of Nitta Gelatin India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Nitta Gelatin India improving?
The profit is oscillating. The profit of Nitta Gelatin India is ₹77.8 Crs for TTM, ₹82.64 Crs for Mar 2024 and ₹70.31 Crs for Mar 2023.
Is the debt of Nitta Gelatin India increasing or decreasing?
Yes, The debt of Nitta Gelatin India is increasing. Latest debt of Nitta Gelatin India is -₹78.42 Crs as of Sep-24. This is greater than Mar-24 when it was -₹137.29 Crs.
Is Nitta Gelatin India stock expensive?
Nitta Gelatin India is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Nitta Gelatin India is 8.98, while 3 year average PE is 10.46. Also latest EV/EBITDA of Nitta Gelatin India is 6.21 while 3yr average is 6.08.
Has the share price of Nitta Gelatin India grown faster than its competition?
Nitta Gelatin India has given better returns compared to its competitors. Nitta Gelatin India has grown at ~48.24% over the last 4yrs while peers have grown at a median rate of 16.13%
Is the promoter bullish about Nitta Gelatin India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Nitta Gelatin India is 74.48% and last quarter promoter holding is 74.48%.
Are mutual funds buying/selling Nitta Gelatin India?
The mutual fund holding of Nitta Gelatin India is stable. The current mutual fund holding in Nitta Gelatin India is 0.01% while previous quarter holding is 0.01%.