NITINSPIN

Nitin Spinners Share Price

₹457.40 -21.2 (-4.43%)

22 Dec, 2024 21:49

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Performance

  • Low
  • ₹454
  • High
  • ₹485
  • 52 Week Low
  • ₹293
  • 52 Week High
  • ₹494
  • Open Price₹482
  • Previous Close₹479
  • Volume163,225

Investment Returns

  • Over 1 Month + 26.6%
  • Over 3 Month + 14.01%
  • Over 6 Month + 32.35%
  • Over 1 Year + 41.22%
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Nitin Spinners Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 16.6
  • PEG Ratio
  • 0.9
  • Market Cap Cr
  • 2,572
  • P/B Ratio
  • 2.2
  • Average True Range
  • 19.65
  • EPS
  • 27.61
  • Dividend Yield
  • 0.5
  • MACD Signal
  • 18.41
  • RSI
  • 55.72
  • MFI
  • 77.3

Nitin Spinners Financials

Nitin Spinners Technicals

EMA & SMA

Current Price
₹457.40
-21.2 (-4.43%)
pointer
  • stock-down_img
  • Bullish Moving Average 11
  • stock-up_img
  • Bearish Moving Average 5
  • 20 Day
  • ₹452.01
  • 50 Day
  • ₹428.66
  • 100 Day
  • ₹412.68
  • 200 Day
  • ₹388.83

Resistance and Support

465.3 Pivot Speed
  • R3 507.10
  • R2 495.80
  • R1 476.60
  • S1 446.10
  • S2 434.80
  • S3 415.60

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Nitin Spinners Ltd. manufactures high-quality cotton yarn, fabrics, and knitted products. With state-of-the-art production facilities in India, it supplies textiles to both domestic and international markets, serving industries like apparel, home textiles, and technical textiles.

Nitin Spinners has an operating revenue of Rs. 3,176.63 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 6% is okay, ROE of 11% is good. The company has a debt to equity of 71%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 24% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 72 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 46 indicates it belongs to a fair industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Nitin Spinners Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-07 Quarterly Results
2024-07-22 Quarterly Results
2024-05-09 Audited Results & Final Dividend
2024-01-29 Quarterly Results
2023-11-09 Quarterly Results
Date Purpose Remarks
2022-02-11 INTERIM Rs.1.50 per share(15%)Interim Dividend

Nitin Spinners F&O

Nitin Spinners Shareholding Pattern

56.5%
14.73%
0.74%
22.73%
5.3%

About Nitin Spinners

  • NSE Symbol
  • NITINSPIN
  • BSE Symbol
  • 532698
  • Managing Director
  • Mr. Dinesh Nolkha
  • ISIN
  • INE229H01012

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Nitin Spinners FAQs

Nitin Spinners share price is ₹457 As on 22 December, 2024 | 21:35

The Market Cap of Nitin Spinners is ₹2571.5 Cr As on 22 December, 2024 | 21:35

The P/E ratio of Nitin Spinners is 16.6 As on 22 December, 2024 | 21:35

The PB ratio of Nitin Spinners is 2.2 As on 22 December, 2024 | 21:35

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