Nandan Denim
Nandan Denim Performance
Day Range
- Low 28.10
- High 29.60
52 Week Range
- Low 15.05
- High 32.75
- Open Price28.40
- Previous Close29.15
- Volume97384
Start SIP in Nandan Denim
Start SIPNandan 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 414 | 554 | 457 | 262 | 528 | 780 | 721 |
Operating Expenses Qtr Cr | 388 | 534 | 434 | 262 | 505 | 742 | 689 |
Operating Profit Qtr Cr | 27 | 20 | 23 | 0 | 23 | 38 | 32 |
Depreciation Qtr Cr | 10 | 10 | 8 | 8 | 8 | 13 | 12 |
Interest Qtr Cr | 10 | 12 | 17 | 11 | 13 | 12 | 7 |
Tax Qtr Cr | 2 | 1 | 1 | -4 | 3 | 6 | 4 |
Net Profit Qtr Cr | 8 | 2 | 3 | -13 | 1 | 11 | 15 |
Nandan Denim Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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