Nitiraj Engineers LtdNSE NITIRAJ Stock Report

Nitiraj Engineers Ltd. engages in manufacturing and selling electronic weighing scales, currency counting machines, and taxi fare meters. The company is headquartered in Dhulia, Maharashtra. The company went IPO on 2017-03-09. The firm is engaged in the manufacturing and selling of electronic equipment. The company operates in five segments, such as electronic weighing scales and systems, electronic currency counting machines and digital fare meters, home and hotel automation and mechanical scales. Its products include analytical weighing balances, jewelry scales, tabletop scales, price computing scales, piece counting scales, platform scales, special application indicators, hanging scales, industrial weighing scales, baby weighing scales, person weighing scales (portable), mother and child weighing scales, adult weighing scales (heavy duty), body mass index scale, kitchen scale, currency counting machine, taxi and rickshaw fare meter, and security and access control products. Its products are supplied under brand name PHOENIX. The company has a service network of about 13 branch offices.