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Business Update

Nitco Business Update

Nitco Ltd is monetizing its Kanjurmarg land, receiving a ₹143 Crore advance. The transaction involves selling 75% for cash and 25% for project area share.

Key figures
Value₹143.0 Cr
Execution periodApprox. 4 months for 75% of land and 1 year for the balance 25%.
Source

BSE filing, NSE: NITCO. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Nitco Ltd: key numbers

Share price
₹69.06
Market cap
₹1,744 Cr
Revenue (annual)
₹542.0 Cr
Net profit (annual)
₹28.90 Cr
P/E (TTM)
-60.4×Sector 42.1×
Promoter holding
23.96%+3.79% QoQ
FII holding
2.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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