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Nitiraj Engineers is engaged in manufacturing and selling of a wide range of products including Electronic Weighing Scales, Currency Counting Machines, Taxi Fare Meters, as well as providing DGCA-approved Remote Pilot Training Organisation (RPTO) services for drones/UAVs.
Nitiraj Engineers major competitors are Revathi Equip. Ind., Envirotech Systems, Loyal Equipments, Dhara Rail Projects, Taurian MPS, Admach Systems, Patels Airtemp (I).
Market Cap of Nitiraj Engineers is ₹203 Crs.
While the median market cap of its peers are ₹180 Crs.
Nitiraj Engineers 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.
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