Nitiraj Engineers (Phoenix) Share Price Target A Comprehensive Analysis for 2025, 2026, 2030, 2040, and 2050: Nitiraj Engineers is an Indian company recognized for manufacturing and selling a variety of products such as electronic weighing scales, currency counting machines, and taxi fare meters. The company offers a wide range of products designed for both business and home use, catering to industries, healthcare, jewelry, and various other sectors.
About Nitiraj Engineers Ltd (NSE: NITIRAJ)
Founded in 1981 and headquartered in Mumbai, Maharashtra, Nitiraj Engineers specializes in creating high-quality products for infrastructure, construction, and manufacturing industries. Their product range includes weighing scales, currency-counting machines, electronic fare meters, security systems, and home automation solutions. The company operates through its brand, Phoenix, which sells products across India and internationally through a vast network of dealers.
Nitiraj Engineers (Phoenix) Share Details
| Metric | Value |
| Open | 310.05 |
| High | 310.05 |
| Low | 310.05 |
| Market Cap | 317.83 Cr |
| P/E Ratio | 25.89 |
| Dividend Yield | 0.48% |
| 52-Week High | 421.60 |
| 52-Week Low | 162.00 |
Nitiraj Engineers (Phoenix) Share Price Target 2025, 2026, 2027, 2028, 2029, 2030, 2040 To 2050
Nitiraj Engineers (Phoenix) Share Price Target 2025 ₹534, 2026 ₹873, 2027 ₹1038, 2028 ₹1200, 2029 ₹1370, 2030 ₹1582, 2040 ₹2768 To 2050 ₹4557.
- Founded: 1989
- Headquarters: India
- Number of employees: 321 (2025)
Nitiraj Engineers (Phoenix) Share Price Target 2025 To 2050
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | ₹201 | ₹534 |
| 2026 | ₹223 | ₹873 |
| 2027 | ₹370 | ₹1038 |
| 2028 | ₹664 | ₹1200 |
| 2029 | ₹870 | ₹1370 |
| 2030 | ₹1085 | ₹1582 |
| 2040 | ₹2154 | ₹2768 |
| 2050 | ₹3614 | ₹4557 |
Nitiraj Engineers Share Price Target for 2025
In 2025, the share price of Nitiraj Engineers is expect to be in the range of ₹201 to ₹534. The company is currently experiencing a decline in its share price after reaching an all-time high. While the current bearish trend indicates caution, the price may stabilize and present a better buying opportunity in the future.
- Minimum Price (Rs): ₹201
- Maximum Price (Rs): ₹534
Month Wise Nitiraj Engineers Share Price Target for 2025
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 201 | 253 |
| February | 207 | 350 |
| March | 275 | 425 |
| April | 289 | 438 |
| May | 301 | 452 |
| June | 325 | 458 |
| July | 364 | 463 |
| August | 387 | 480 |
| September | 399 | 488 |
| October | 425 | 498 |
| November | 430 | 500 |
| December | 439 | 534 |
In 2025, Nitiraj Engineers is poise for growth in the long run, but its short-term price movement may exhibit some fluctuations due to market conditions.
Nitiraj Engineers Share Price Target for 2026
In 2026, Nitiraj Engineers is project to see significant growth, with an estimate share price range of ₹223 to ₹873. The company’s diverse product offerings and growing market presence are expect to contribute to this upward trajectory. As the company continues expanding and innovating, it is likely to experience stronger market performance.
- Minimum Price (Rs): ₹223
- Maximum Price (Rs): ₹873
Month Wise Nitiraj Engineers Share Price Target for 2026
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 600 | 700 |
| February | 542 | 574 |
| March | 375 | 457 |
| April | 223 | 325 |
| May | 289 | 465 |
| June | 374 | 423 |
| July | 387 | 468 |
| August | 428 | 568 |
| September | 524 | 654 |
| October | 590 | 710 |
| November | 674 | 824 |
| December | 786 | 873 |
The steady growth in 2026 is expect to be fueled by strong product demand, especially in the sectors of weighing scales and home automation systems.
Nitiraj Engineers Share Price Target for 2027
For 2027, Nitiraj Engineers is project to see its share price range between ₹370 and ₹1038. As the company expands its product lines, such as the introduction of child growth monitoring systems, and continues building its reputation across the country, the stock’s value will likely reflect these advancements.
- Minimum Price (Rs): ₹370
- Maximum Price (Rs): ₹1038
Month Wise Nitiraj Engineers Share Price Target for 2027
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 786 | 890 |
| February | 641 | 700 |
| March | 541 | 624 |
| April | 370 | 425 |
| May | 390 | 468 |
| June | 426 | 532 |
| July | 498 | 568 |
| August | 528 | 638 |
| September | 590 | 736 |
| October | 657 | 821 |
| November | 794 | 990 |
| December | 935 | 1038 |
The company’s technological advancements and market penetration in both domestic and international markets are expect to drive long-term gains for its investors.
Nitiraj Engineers Share Price Target for 2028
By 2028, Nitiraj Engineers is likely to continue its growth trajectory with a predict share price range of ₹664 to ₹1200. The company’s strong digital marketing strategy and collaborations with distributors in Middle Eastern and SAARC countries are key drivers of its market reach.
- Minimum Price (Rs): ₹664
- Maximum Price (Rs): ₹1200
Month Wise Nitiraj Engineers Share Price Target for 2028
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 935 | 1055 |
| February | 724 | 841 |
| March | 664 | 721 |
| April | 687 | 790 |
| May | 746 | 856 |
| June | 810 | 890 |
| July | 868 | 987 |
| August | 936 | 1025 |
| September | 967 | 1087 |
| October | 1027 | 1136 |
| November | 1089 | 1178 |
| December | 1145 | 1200 |
The company’s increasing scale of production and effective use of online platforms to reach customers will continue to support its share price growth through 2028.
Nitiraj Engineers Share Price Target for 2029
In 2029, Nitiraj Engineers’ share price is project to be between ₹870 and ₹1370. The company’s continuous improvements in technology and expansion in security and automation products are expect to play a significant role in driving future growth.
- Minimum Price (Rs): ₹870
- Maximum Price (Rs): ₹1370
Month Wise Nitiraj Engineers Share Price Target for 2029
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1145 | 1221 |
| February | 1014 | 1141 |
| March | 870 | 930 |
| April | 911 | 984 |
| May | 945 | 1025 |
| June | 987 | 1054 |
| July | 1014 | 1087 |
| August | 1056 | 1121 |
| September | 1090 | 1154 |
| October | 1121 | 1190 |
| November | 1168 | 1320 |
| December | 1290 | 1370 |
The advancements in weighing technology and the launch of new products should continue to increase the demand for Nitiraj Engineers’ products, making it a strong contender for investment in the years to come.
Nitiraj Engineers Share Price Target for 2030
Looking ahead to 2030, Nitiraj Engineers is anticipate to achieve a share price range of ₹1085 to ₹1582. With its increasing product variety and focus on security and automation, the company is well-position for continued expansion and market penetration.
- Minimum Price (Rs): ₹1085
- Maximum Price (Rs): ₹1582
Month Wise Nitiraj Engineers Share Price Target for 2030
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1290 | 1391 |
| February | 1148 | 1190 |
| March | 1085 | 1165 |
| April | 1145 | 1190 |
| May | 1174 | 1235 |
| June | 1210 | 1287 |
| July | 1246 | 1325 |
| August | 1287 | 1375 |
| September | 1326 | 1390 |
| October | 1354 | 1420 |
| November | 1387 | 1521 |
| December | 1498 | 1582 |
This continued expansion and innovation in products and services will likely result in a strong price growth through 2030.
Nitiraj Engineers Share Price Target for 2040
By 2040, Nitiraj Engineers is project to reach a share price range of ₹2154 to ₹2768. With their advancements in weighing technologies, international expansion, and increasing share of the automation market, Nitiraj Engineers could be poise for sustained growth for decades.
- Minimum Price (Rs): ₹2154
- Maximum Price (Rs): ₹2768
Month Wise Nitiraj Engineers Share Price Target for 2040
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1975 | 2100 |
| February | 1890 | 1987 |
| March | 1874 | 1935 |
| April | 1920 | 2000 |
| May | 2050 | 2138 |
| June | 2154 | 2247 |
| July | 2201 | 2308 |
| August | 2300 | 2400 |
| September | 2400 | 2520 |
| October | 2550 | 2650 |
| November | 2650 | 2750 |
| December | 2750 | 2768 |
Nitiraj Engineers Share Price Target for 2050
Looking into the far future, the Nitiraj Engineers share price could potentially range between ₹4500 and ₹5890 by 2050. The company’s consistent growth in market share, especially in automation products and services, could allow it to realize this impressive price growth over the coming decades.
- Minimum Price (Rs): ₹4500
- Maximum Price (Rs): ₹5890
Month Wise Nitiraj Engineers Share Price Target for 2050
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4000 | 5000 |
| February | 4250 | 5250 |
| March | 4500 | 5500 |
| April | 4600 | 5650 |
| May | 4700 | 5750 |
| June | 4800 | 5800 |
| July | 4900 | 5850 |
| August | 5000 | 5900 |
| September | 5100 | 5950 |
| October | 5200 | 5950 |
| November | 5300 | 5800 |
| December | 5500 | 5890 |
What is the price of Nitiraj engineers IPO?
Nitiraj Engineers IPO price is ₹100 per share. The minimum lot size for an application is 1200. The minimum amount of investment require by retail investors is ₹1,20,000.
What does Engineers India company do?
Engineers India Limit (EIL) was establish in 1965 with its head office in New Delhi to provide engineering and related technical services for petroleum refineries and relate projects.
Who is the CEO of Engineers India?
| Company type | Public |
| Key people | Vartika Shukla (Chairman & MD) |
| Revenue | ₹3,104.69 crore (US$360 million) |
| Operating income | ₹350.57 crore (US$40 million) |
| Net income | ₹259.50 crore (US$30 million) |
Our price forecasting model for analyzing Share targets employs a detailed, data-driven approach to determine monthly price projections. This methodology integrates classic analytical tools, including long-term pivot point analysis, historical performance metrics, and volatility assessment. Below, we outline the key components and processes that constitute our forecasting framework. It is essential to recognize that these price estimates are purely mathematical and should not be considered financial advice. Stock markets are highly dynamic, influenced by multiple unpredictable factors that no single model can comprehensively capture.
Long-Term Pivot Point Analysis
At the core of our methodology lies long-term pivot point analysis, complemented by Fibonacci series calculations. These pivot points help determine critical support and resistance levels, providing a structured framework for anticipating potential price movements.
Pivot = Previous Close
Resistance_n = Pivot + (Range × F_n)
Support_n = Pivot - (Range × F_n)
Where:
- F_n represents Fibonacci multipliers (e.g., 0.382, 0.618, 1.000).
- Range is the difference between the highest and lowest prices over a specific period.
Historical Performance Analysis
A stock's historical performance plays a vital role in predicting its future behavior. Our model conducts an extensive analysis of past data to determine average returns over various timeframes, capturing both short-term fluctuations and long-term trends.
Average Return = (1/N) Σ R_i
Where:
- N is the number of periods (e.g., months or quarters).
- R_i represents the return in the i-th period.
Volatility Assessment
Market volatility is a crucial factor in assessing risk and uncertainty associated with stock price movements. Our methodology incorporates a comprehensive evaluation of stock volatility, measured by the standard deviation of historical returns.
σ = √[(1/(N-1)) Σ (R_i - μ)^2]
Where:
- μ is the mean return.
- R_i is the return in the i-th period.
- N is the total number of returns.
Integrated Predictive Modeling
Our forecasting model integrates pivot point analysis, historical performance, and volatility assessments through advanced predictive techniques, ensuring data-driven and adaptable price projections.
- Calibration Based on Historical Performance: Utilizing past average returns and volatility metrics to align future price targets with the stock’s established patterns.
- Mathematical Optimization: Applying techniques such as the Least Squares Method (LSM) to optimize projections, reducing errors and enhancing forecast precision.
- Dynamic Adjustment: Incorporating real-time market data to refine predictions, ensuring forecasts remain relevant and up-to-date.
Target Price Calibration
The final step in our methodology is the precise calibration of monthly price targets, ensuring they align with analytical insights and market conditions.
Target Price_next month = Current Price × (1 + Adjusted Growth Rate)
Where:
- Adjusted Growth Rate is derived from historical average returns and volatility, refined through our integrated predictive modeling approach.
This ensures that price targets account for both growth potential and associated risks, providing balanced and actionable forecasts.
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