Nahar Spinning Mills
Nahar Spinning Mills Performance
Day Range
- Low 303.00
- High 316.45
52 Week Range
- Low 214.00
- High 325.00
- Open Price312.95
- Previous Close312.95
- Volume87684
Start SIP in Nahar Spinning Mills
Start SIPNahar Spinning Mills Investment Rating
-
Master Rating:
-
Nahar Spinning Mills has an operating revenue of Rs. 2,754.87 Cr. on a trailing 12-month basis. An annual revenue de-growth of -21% needs improvement, Pre-tax margin of 5% is okay, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 14%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 15% and 18% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 7 which is a POOR score indicating inconsistency in earnings, a RS Rating of 45 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 88 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 728 | 749 | 724 | 554 | 657 | 862 | 996 |
Operating Expenses Qtr Cr | 716 | 740 | 691 | 552 | 597 | 750 | 818 |
Operating Profit Qtr Cr | 11 | 9 | 33 | 3 | 60 | 112 | 179 |
Depreciation Qtr Cr | 21 | 20 | 20 | 18 | 17 | 17 | 17 |
Interest Qtr Cr | 13 | 15 | 8 | 6 | 7 | 9 | 19 |
Tax Qtr Cr | 0 | -6 | 5 | -3 | 13 | 25 | 38 |
Net Profit Qtr Cr | -18 | -18 | 10 | -11 | 40 | 72 | 107 |
Nahar Spinning Mills Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹282.92
- 50 Day
- ₹274.80
- 100 Day
- ₹271.29
- 200 Day
- ₹275.59
- 20 Day
- ₹276.64
- 50 Day
- ₹271.36
- 100 Day
- ₹267.59
- 200 Day
- ₹263.96
Nahar Spinning Mills Resistance and Support
Resistance | |
---|---|
First Resistance | 313.10 |
Second Resistance | 321.50 |
Third Resistance | 326.55 |
RSI | 65.29 |
MFI | 85.86 |
MACD Single Line | 4.42 |
MACD | 9.61 |
Support | |
---|---|
First Resistance | 299.65 |
Second Resistance | 294.60 |
Third Resistance | 286.20 |
Nahar Spinning Mills Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 91,241 | 5,708,037 | 62.56 |
Week | 472,678 | 15,981,235 | 33.81 |
1 Month | 130,695 | 5,169,000 | 39.55 |
6 Month | 69,871 | 3,339,830 | 47.8 |
Nahar Spinning Mills Result Highlights
Nahar Spinning Mills Synopsis
NSE-Apparel-Clothing Mfg
Nahar Spg Mills is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 2796.91 Cr. and Equity Capital is Rs. 18.05 Cr. for the Year ended 31/03/2023. Nahar Spinning Mills Ltd. is a Public Limited Listed company incorporated on 16/12/1980 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L17115PB1980PLC004341 and registration number is 004341.Market Cap | 1,099 |
Sales | 2,755 |
Shares in Float | 1.19 |
No of funds | 29 |
Yield | 0.49 |
Book Value | 0.71 |
U/D Vol ratio | 2.9 |
LTDebt / Equity | 14 |
Alpha | -0.04 |
Beta | 1.24 |
Nahar Spinning Mills
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 66.61% | 66.45% | 66.45% | 66.31% |
Mutual Funds | 0.55% | 0.55% | 0.55% | 0.55% |
Foreign Portfolio Investors | 0.25% | 0.27% | 0.35% | 0.38% |
Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
Individual Investors | 27.67% | 27.56% | 27.43% | 27.57% |
Others | 4.91% | 5.16% | 5.21% | 5.18% |
Nahar Spinning Mills Management
Name | Designation |
---|---|
Mr. Jawahar Lal Oswal | Chairman |
Mr. Dinesh Oswal | Managing Director |
Mr. Dinesh Gogna | Director |
Mr. Satish Kumar Sharma | Director |
Mr. Kamal Oswal | Director |
Dr. Roshan Lal Behl | Independent Director |
Dr. Manisha Gupta | Independent Director |
Dr. Vijay Asdhir | Independent Director |
Dr. Yash Paul Sachdeva | Independent Director |
Dr. Anchal Kumar Jain | Independent Director |
Nahar Spinning Mills Forecast
Price Estimates
Nahar Spinning Mills Corporate Action
Nahar Spinning Mills FAQs
What is Share Price of Nahar Spinning Mills ?
Nahar Spinning Mills share price is ₹304 As on 30 November, 2023 | 05:33
What is the Market Cap of Nahar Spinning Mills ?
The Market Cap of Nahar Spinning Mills is ₹1098.9 Cr As on 30 November, 2023 | 05:33
What is the P/E ratio of Nahar Spinning Mills ?
The P/E ratio of Nahar Spinning Mills is -29.9 As on 30 November, 2023 | 05:33
What is the PB ratio of Nahar Spinning Mills ?
The PB ratio of Nahar Spinning Mills is 0.7 As on 30 November, 2023 | 05:33