NDL

Nandan Denim Share PriceNandan Denim

₹28.65
-0.5 (-1.72%)
As on 10 December, 2023 | 19:06 BSE: 532641 NSE: NDLISIN: INE875G01030

Nandan Denim Performance

Day Range

  • Low 28.10
  • High 29.60
₹ 28.65

52 Week Range

  • Low 15.05
  • High 32.75
₹ 28.65
  • Open Price28.40
  • Previous Close29.15
  • Volume97384

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Nandan Denim Share Price

  • Over 1 Month 23.23%
  • Over 3 Month 14.37%
  • Over 6 Month 43.97%
  • Over 1 Year 5.52%

Nandan Denim Key Statistics

P/E Ratio -930.5
PEG Ratio 9.2
Market Cap Cr 413
Price to Book Ratio 0.8
EPS 0
Dividend 0
Relative Strength Index 59.01
Money Flow Index 88.57
MACD Signal 1.47
Average True Range 1.68

Nandan Denim Investment Rating

  • Master Rating:
  • Nandan Denim has an operating revenue of Rs. 1,688.19 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 0% needs improvement, ROE of 0% is poor and needs improvement. The company has a reasonable debt to equity of 30%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 32% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 8% 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 43 which is a POOR score indicating inconsistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 90 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 mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Nandan Denim Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 414554457262528780721
Operating Expenses Qtr Cr 388534434262505742689
Operating Profit Qtr Cr 2720230233832
Depreciation Qtr Cr 10108881312
Interest Qtr Cr 1012171113127
Tax Qtr Cr 211-4364
Net Profit Qtr Cr 823-1311115
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,0382,194
Operating Expenses Annual Cr 1,9422,015
Operating Profit Annual in Cr 84160
Depreciation Cr 3744
Interest Annual Cr 5342
Tax Annual Cr 524
Net Profit Annual Cr 168
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 101101
Cash from Investing Activity Annual Cr -55-55
Cash from Financing Annual Activity Cr -34-34
Net Cash Flow Annual Cr 12
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 540539
Fixed Assets Annual Cr 539544
Total Non Current Assets Annual Cr 548569
Total Current Assets Annual Cr 720874
Total Assets Annual Cr 1,2671,443
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3737
ROE Annual % 013
ROCE Annual % 817
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 58
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 %

Nandan Denim Technicals

EMA & SMA

Current Price
₹28.65
-0.5 (-1.72%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹27.51
  • 50 Day
  • ₹25.47
  • 100 Day
  • ₹23.96
  • 200 Day
  • ₹23.64
  • 20 Day
  • ₹27.11
  • 50 Day
  • ₹24.93
  • 100 Day
  • ₹22.96
  • 200 Day
  • ₹21.58

Nandan Denim Resistance and Support

PIVOT
₹28.79
Resistance
First Resistance 29.47
Second Resistance 30.28
Third Resistance 30.97
RSI 59.01
MFI 88.57
MACD Single Line 1.47
MACD 1.46
Support
First Resistance 27.97
Second Resistance 27.28
Third Resistance 26.47

Nandan Denim Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 143,401 14,340,100 100
Week 223,226 22,322,560 100
1 Month 796,451 46,249,918 58.07
6 Month 348,356 22,218,156 63.78

Nandan Denim Result Highlights

Nandan Denim Synopsis

NSE-Apparel-Clothing Mfg

Nandan Denim is involved in the business activities of Finishing of cotton and blended cotton textiles.. Company’s Total Operating Revenue is Rs. 2026.76 Cr. and Equity Capital is Rs. 144.15 Cr. for the Year ended 31/03/2023. 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 413
Sales 1,688
Shares in Float 5.05
No of funds 2
Yield 2.38
Book Value 0.76
U/D Vol ratio 3
LTDebt / Equity 30
Alpha 0.02
Beta 1.35

Nandan Denim

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 64.87%64.87%64.87%64.73%
Foreign Portfolio Investors 0.35%0.56%0.79%0.52%
Individual Investors 29.14%29.94%28.4%30.97%
Others 5.64%4.63%5.94%3.78%

Nandan Denim Management

Name Designation
Mr. Vedprakash D Chiripal Chairman
Mr. Jyotiprasad Chiripal Managing Director
Mr. Giraj Mohan Sharma Independent Director
Ms. Falguni Vasavada Independent Director
Mr. Rahul Narendra Mehta Independent Director
Mr. Kirit Vaikunthraya Joshi Independent Director
Mr. Shaktidan Gadhavi Whole Time Director

Nandan Denim Forecast

Price Estimates

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

Other Analyst Rating

Nandan Denim Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-04 Quarterly Results
2023-05-29 Audited Results
2023-02-09 Quarterly Results
2022-11-14 Quarterly Results
Date Purpose Remarks
2022-03-25 Bonus Rs.0.00 issue in the ratio of 2:1 of Rs. 10/-

Nandan Denim FAQs

What is Share Price of Nandan Denim ?

Nandan Denim share price is ₹28 As on 10 December, 2023 | 18:52

What is the Market Cap of Nandan Denim ?

The Market Cap of Nandan Denim is ₹413 Cr As on 10 December, 2023 | 18:52

What is the P/E ratio of Nandan Denim ?

The P/E ratio of Nandan Denim is -930.5 As on 10 December, 2023 | 18:52

What is the PB ratio of Nandan Denim ?

The PB ratio of Nandan Denim is 0.8 As on 10 December, 2023 | 18:52

Q2FY23