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Buy Pitti Engineering; target of Rs 1083: KR Choksey

KR Choksey is bullish on Pitti Engineering has recommended buy rating on the stock with a target price of Rs 1083 in its research report dated March 18, 2024.

Pitti Engineering to acquire 100% stake in Bagadia Chaitra Industries; shares trade flat

As part of the overall consideration, PEL will infuse upto Rs 40 crore as funding into BCIPL, on closing date, to repay the existing debt in BCIPL.

Pitti Engineering acquires 100% equity shares of Bagadia Chaitra Industries for Rs 124 crore

BCIPL is a manufacturer of electrical laminations and aluminum die cast rotors for AC/DC motors, Alternators, Pumps, Home Appliances, Electrical Vehicle etc

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.

Pitti Engineering Ltd.

Volume	110,522.00
52-Wk High	1,208.80
52-Wk Low	458.00

PITTIENG.NSE Pitti Engineering Ltd.

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