NAHARSPING

Nahar Spinning Mills Share PriceNahar Spinning Mills

₹304.7
-8.25 (-2.64%)
As on 30 November, 2023 | 05:47 BSE: 500296 NSE: NAHARSPINGISIN: INE290A01027

Nahar Spinning Mills Performance

Day Range

  • Low 303.00
  • High 316.45
₹ 304.7

52 Week Range

  • Low 214.00
  • High 325.00
₹ 304.7
  • Open Price312.95
  • Previous Close312.95
  • Volume87684

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Nahar Spinning Mills Share Price

  • Over 1 Month 12.73%
  • Over 3 Month 9.76%
  • Over 6 Month 11.96%
  • Over 1 Year 4.4%

Nahar Spinning Mills Key Statistics

P/E Ratio -29.9
PEG Ratio 0.3
Market Cap Cr 1,099
Price to Book Ratio 0.7
EPS 30.6
Dividend 0.5
Relative Strength Index 65.29
Money Flow Index 85.86
MACD Signal 4.42
Average True Range 13.54

Nahar 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

Nahar Spinning Mills Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 728749724554657862996
Operating Expenses Qtr Cr 716740691552597750818
Operating Profit Qtr Cr 11933360112179
Depreciation Qtr Cr 21202018171717
Interest Qtr Cr 1315867919
Tax Qtr Cr 0-65-3132538
Net Profit Qtr Cr -18-1810-114072107
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,8413,608
Operating Expenses Annual Cr 2,5842,789
Operating Profit Annual in Cr 213804
Depreciation Cr 7375
Interest Annual Cr 3068
Tax Annual Cr 40173
Net Profit Annual Cr 111502
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 609261
Cash from Investing Activity Annual Cr -257-161
Cash from Financing Annual Activity Cr -303-99
Net Cash Flow Annual Cr 492
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,5541,601
Fixed Assets Annual Cr 939773
Total Non Current Assets Annual Cr 1,1911,183
Total Current Assets Annual Cr 1,3241,768
Total Assets Annual Cr 2,5142,951
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 430443
ROE Annual % 731
ROCE Annual % 1041
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 923
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
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 2023Mar 2022
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 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
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 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Nahar Spinning Mills Technicals

EMA & SMA

Current Price
₹304.7
-8.25 (-2.64%)
pointer
  • 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

PIVOT
₹308.05
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 NameSep-23Jun-23Mar-23Dec-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

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

Other Analyst Rating

Nahar Spinning Mills Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-09 Quarterly Results
2023-05-30 Audited Results & Dividend
2023-02-04 Quarterly Results
2022-11-10 Quarterly Results
Date Purpose Remarks
2021-11-17 INTERIM Rs.1.50 per share(30%)Interim Dividend

Nahar Spinning Mills MF Shareholding

Name Amount(cr)
Quant Small Cap Fund Growth 9,521

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

Q2FY23