NITINSPIN

Nitin Spinners Share Price Nitin Spinners

₹324.85
-3.9 (-1.19%)
29 March, 2024 01:05 BSE: 532698 NSE: NITINSPINISIN: INE229H01012

Start SIP in Nitin Spinners

Start SIP

Nitin Spinners Performance

Day Range

  • Low 323
  • High 336
₹ 324

52 Week Range

  • Low 218
  • High 395
₹ 324
  • Open Price331
  • Previous Close329
  • Volume84468

Nitin Spinners Share Price

  • Over 1 Month -7.94%
  • Over 3 Month -2.51%
  • Over 6 Month 13.43%
  • Over 1 Year 46.33%

Nitin Spinners Key Statistics

P/E Ratio 14
PEG Ratio -0.4
Market Cap Cr 1,826
Price to Book Ratio 1.8
EPS 29.2
Dividend 0.8
Relative Strength Index 41.86
Money Flow Index 52.31
MACD Signal -5.76
Average True Range 15.47
Nitin Spinners Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 750737617655
Operating Expenses Qtr Cr 648655541584
Operating Profit Qtr Cr 103827671
Depreciation Qtr Cr 35242321
Interest Qtr Cr 25151510
Tax Qtr Cr 1111102
Net Profit Qtr Cr 32322939
IndicatorMar 2023
Total Revenue Annual Cr 2,410
Operating Expenses Annual Cr 2,110
Operating Profit Annual in Cr 297
Depreciation Cr 87
Interest Annual Cr 38
Tax Annual Cr 11
Net Profit Annual Cr 165
IndicatorMar 2023
Cash from Operating Activity Annual Cr 194
Cash from Investing Activity Annual Cr -433
Cash from Financing Annual Activity Cr 239
Net Cash Flow Annual Cr 0
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,029
Fixed Assets Annual Cr 1,351
Total Non Current Assets Annual Cr 1,422
Total Current Assets Annual Cr 796
Total Assets Annual Cr 2,218
IndicatorMar 2023
Book Value Per Share Annual Rs 183
ROE Annual % 16
ROCE Annual % 13
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual -
EBDIT Annual Margin %

Nitin Spinners Technicals

EMA & SMA

Current Price
₹324.85
-3.9 (-1.19%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹337.38
  • 50 Day
  • ₹341.89
  • 100 Day
  • ₹333.67
  • 200 Day
  • ₹311.53
  • 20 Day
  • ₹337.05
  • 50 Day
  • ₹348.75
  • 100 Day
  • ₹339.95
  • 200 Day
  • ₹306.78

Nitin Spinners Resistance and Support

PIVOT
₹327.9
Resistance
First Resistance 332.50
Second Resistance 340.15
Third Resistance 344.75
RSI 41.86
MFI 52.31
MACD Single Line -5.76
MACD -6.20
Support
First Resistance 320.25
Second Resistance 315.65
Third Resistance 308.00

Nitin Spinners Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 88,865 5,623,377 63.28
Week 101,004 6,129,918 60.69
1 Month 109,581 6,165,006 56.26
6 Month 225,892 9,089,902 40.24

Nitin Spinners Result Highlights

Nitin Spinners Synopsis

NSE-Apparel-Clothing Mfg

Nitin Spinners is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 2406.71 Cr. and Equity Capital is Rs. 56.22 Cr. for the Year ended 31/03/2023. Nitin Spinners Ltd. is a Public Limited Listed company incorporated on 15/10/1992 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L17111RJ1992PLC006987 and registration number is 006987.
Market Cap 1,826
Sales 2,760
Shares in Float 2.47
No of funds 19
Yield 0.76
Book Value 1.78
U/D Vol ratio 1.4
LTDebt / Equity 55
Alpha 0.02
Beta 1.24

Nitin Spinners

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 56.41%56.41%56.41%56.41%
Mutual Funds 13.32%11.24%8.44%6.3%
Foreign Portfolio Investors 1.09%1.32%2.21%2.4%
Individual Investors 24.01%25.43%26.72%28.37%
Others 5.17%5.6%6.22%6.52%

Nitin Spinners Management

Name Designation
Mr. R L Nolkha Chairman
Mr. Dinesh Nolkha Managing Director
Mr. Nitin Nolakha Joint Managing Director
Mr. Rohit Swadheen Mehta Independent Director
Dr. R Chattopadhyay Independent Director
Mrs. Aditi Mehta Independent Director

Nitin Spinners Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Nitin Spinners Corporate Action

Date Purpose Remarks
2024-01-29 Quarterly Results
2023-11-09 Quarterly Results
2023-08-05 Quarterly Results
2023-05-06 Audited Results & Final Dividend
2023-02-02 Quarterly Results
Date Purpose Remarks
2022-02-11 INTERIM Rs.1.50 per share(15%)Interim Dividend

Nitin Spinners FAQs

What is Share Price of Nitin Spinners ?

Nitin Spinners share price is ₹324 As on 29 March, 2024 | 00:51

What is the Market Cap of Nitin Spinners ?

The Market Cap of Nitin Spinners is ₹1826.3 Cr As on 29 March, 2024 | 00:51

What is the P/E ratio of Nitin Spinners ?

The P/E ratio of Nitin Spinners is 14 As on 29 March, 2024 | 00:51

What is the PB ratio of Nitin Spinners ?

The PB ratio of Nitin Spinners is 1.8 As on 29 March, 2024 | 00:51

Q2FY23