Nandan Denim Share Price
Start SIP in Nandan Denim
Start SIPNandan Denim Performance
Day Range
- Low 6
- High 6
52 Week Range
- Low 2
- High 7
- Open Price6
- Previous Close6
- Volume2606059
Nandan Denim Investment Rating
-
Master Rating:
-
Nandan Denim has an operating revenue of Rs. 2,177.34 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 3% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 16%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 22% and 60% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 16% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 90 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 87 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 gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 722 | 579 | 462 | 414 | 554 | 457 |
| Operating Expenses Qtr Cr | 689 | 540 | 430 | 388 | 534 | 434 |
| Operating Profit Qtr Cr | 32 | 39 | 32 | 27 | 20 | 23 |
| Depreciation Qtr Cr | 14 | 11 | 10 | 10 | 10 | 8 |
| Interest Qtr Cr | 10 | 15 | 10 | 10 | 12 | 17 |
| Tax Qtr Cr | 4 | 12 | 6 | 2 | 1 | 1 |
| Net Profit Qtr Cr | 7 | 27 | 8 | 8 | 2 | 3 |
Nandan Denim Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 8
- Bearish Moving Average
- ___
- 8
- 20 Day
- ₹6.39
- 50 Day
- ₹5.74
- 100 Day
- ₹5.14
- 200 Day
- ₹4.43
- 20 Day
- ₹6.53
- 50 Day
- ₹5.49
- 100 Day
- ₹4.99
- 200 Day
- ₹4.19
Nandan Denim Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 6.57 |
| Second Resistance | 6.78 |
| Third Resistance | 6.89 |
| RSI | 53.28 |
| MFI | 50.03 |
| MACD Single Line | 0.46 |
| MACD | 0.39 |
| Support | |
|---|---|
| First Support | 6.25 |
| Second Support | 6.14 |
| Third Supoort | 5.93 |
Nandan Denim Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 4,221,101 | 422,110,100 | 100 |
| Week | 14,183,879 | 1,418,387,875 | 100 |
| 1 Month | 14,611,031 | 1,212,131,100 | 82.96 |
| 6 Month | 4,921,698 | 315,283,964 | 64.06 |
Nandan Denim Result Highlights
Nandan Denim Synopsis
NSE-Apparel-Clothing Mfg
Nandan Denim is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 2010.09 Cr. and Equity Capital is Rs. 144.15 Cr. for the Year ended 31/03/2024. Nandan Denim Ltd. is a Public Limited Listed company incorporated on 09/08/1994 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L51909GJ1994PLC022719 and registration number is 022719.| Market Cap | 917 |
| Sales | 2,177 |
| Shares in Float | 60.54 |
| No of funds | 5 |
| Yield | 2.38 |
| Book Value | 1.57 |
| U/D Vol ratio | 2.5 |
| LTDebt / Equity | 16 |
| Alpha | 0.36 |
| Beta | 0.84 |
Nandan Denim Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|
| Promoters | 58.47% | 64.87% | 64.87% |
| Foreign Portfolio Investors | 0.6% | 0.48% | 0.35% |
| Individual Investors | 35.71% | 28.71% | 29.17% |
| Others | 5.22% | 5.94% | 5.61% |
Nandan Denim Management
| Name | Designation |
|---|---|
| Mr. Jyotiprasad Chiripal | Managing Director |
| Mr. Shaktidan Gadhavi | Whole Time Director |
| Ms. Nalini Nageswaran | Independent Director |
| Mr. Giraj Mohan Sharma | Independent Director |
| Mr. Rahul Narendra Mehta | Independent Director |
| Mr. Kirit Vaikunthraya Joshi | Independent Director |
Nandan Denim Forecast
Price Estimates
Nandan Denim Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-14 | Quarterly Results | |
| 2024-06-17 | Stock Split | |
| 2024-05-27 | Audited Results & Dividend | |
| 2024-02-12 | Quarterly Results | |
| 2023-11-09 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-03-25 | Bonus | Rs.0.00 issue in the ratio of 2:1 of Rs. 10/- |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-09-19 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/- |
Nandan Denim FAQs
What is Share Price of Nandan Denim ?
Nandan Denim share price is ₹6 As on 04 October, 2024 | 14:13
What is the Market Cap of Nandan Denim ?
The Market Cap of Nandan Denim is ₹892.3 Cr As on 04 October, 2024 | 14:13
What is the P/E ratio of Nandan Denim ?
The P/E ratio of Nandan Denim is 17.6 As on 04 October, 2024 | 14:13
What is the PB ratio of Nandan Denim ?
The PB ratio of Nandan Denim is 1.5 As on 04 October, 2024 | 14:13