NITINSPIN

Nitin Spinners

₹426.6
-11.4 (-2.6%)
27 July, 2024 20:18 BSE: 532698 NSE: NITINSPIN ISIN: INE229H01012

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Nitin Spinners Performance

Day Range

  • Low 423
  • High 444
₹ 426

52 Week Range

  • Low 227
  • High 447
₹ 426
  • Open Price438
  • Previous Close438
  • Volume278147

Nitin Spinners Share Price

  • Over 1 Month + 19.13%
  • Over 3 Month + 20.32%
  • Over 6 Month + 22.74%
  • Over 1 Year + 82.35%

Nitin Spinners Key Statistics

P/E Ratio 16.6
PEG Ratio 1.3
Market Cap Cr
Price to Book Ratio 2.1
EPS 23.4
Dividend 0.6
Relative Strength Index 65.01
Money Flow Index 84.8
MACD Signal 15.26
Average True Range 21.28
Nitin Spinners Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 803801750737617655
Operating Expenses Qtr Cr 684684648655541584
Operating Profit Qtr Cr 119116103827671
Depreciation Qtr Cr 373635242321
Interest Qtr Cr 272825151510
Tax Qtr Cr 15141111102
Net Profit Qtr Cr 423932322939
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,9082,410
Operating Expenses Annual Cr 2,5292,110
Operating Profit Annual in Cr 377297
Depreciation Cr 11887
Interest Annual Cr 8338
Tax Annual Cr 4611
Net Profit Annual Cr 132165
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 163194
Cash from Investing Activity Annual Cr -426-433
Cash from Financing Annual Activity Cr 262239
Net Cash Flow Annual Cr 00
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,1461,029
Fixed Assets Annual Cr 1,7111,351
Total Non Current Assets Annual Cr 1,7301,422
Total Current Assets Annual Cr 987796
Total Assets Annual Cr 2,7172,218
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 204183
ROE Annual % 1116
ROCE Annual % 1313
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1312
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
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 2024Mar 2023
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 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
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 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Nitin Spinners Technicals

EMA & SMA

Current Price
₹426.6
-11.4 (-2.6%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹391.93
  • 50 Day
  • ₹369.46
  • 100 Day
  • ₹356.66
  • 200 Day
  • ₹337.64
  • 20 Day
  • ₹385.56
  • 50 Day
  • ₹357.04
  • 100 Day
  • ₹352.27
  • 200 Day
  • ₹340.88

Nitin Spinners Resistance and Support

PIVOT
₹431.2
Resistance
First Resistance 439.40
Second Resistance 452.20
Third Resistance 460.40
RSI 65.01
MFI 84.80
MACD Single Line 15.26
MACD 20.88
Support
First Support 418.40
Second Support 410.20
Third Supoort 397.40

Nitin Spinners Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 296,292 18,076,775 61.01
Week 1,098,691 32,158,680 29.27
1 Month 520,041 18,555,059 35.68
6 Month 212,050 9,444,707 44.54

Nitin Spinners Result Highlights

Nitin Spinners Synopsis

NSE-Apparel-Clothing Mfg

Nitin Spinners is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 2905.65 Cr. and Equity Capital is Rs. 56.22 Cr. for the Year ended 31/03/2024. Nitin Spinners Ltd. is a Public Limited Listed company incorporated on 15/10/1992 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L17111RJ1992PLC006987 and registration number is 006987.
Market Cap 2,398
Sales 3,092
Shares in Float 2.47
No of funds 25
Yield 0.59
Book Value 2.09
U/D Vol ratio 2.9
LTDebt / Equity 71
Alpha 0.13
Beta 1.17

Nitin Spinners Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 56.47%56.46%56.41%56.41%
Mutual Funds 14.99%13.74%13.32%11.24%
Foreign Portfolio Investors 0.61%0.7%1.09%1.32%
Individual Investors 22.43%23.72%24.01%25.43%
Others 5.5%5.38%5.17%5.6%

Nitin Spinners Management

Name Designation
Mr. R L Nolkha Chairman
Mr. Dinesh Nolkha Managing Director
Mr. Nitin Nolakha Joint Managing Director
Mr. Rohit Swadheen Mehta Independent Director
Dr. R Chattopadhyay Independent Director
Mrs. Aditi Mehta Independent Director

Nitin Spinners Forecast

Price Estimates

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

Other Analyst Rating

Nitin Spinners Corporate Action

Date Purpose Remarks
2024-07-22 Quarterly Results
2024-05-09 Audited Results & Final Dividend
2024-01-29 Quarterly Results
2023-11-09 Quarterly Results
2023-08-05 Quarterly Results
Date Purpose Remarks
2022-02-11 INTERIM Rs.1.50 per share(15%)Interim Dividend

Nitin Spinners FAQs

What is Share Price of Nitin Spinners ?

Nitin Spinners share price is ₹426 As on 27 July, 2024 | 20:04

What is the Market Cap of Nitin Spinners ?

The Market Cap of Nitin Spinners is ₹2398.3 Cr As on 27 July, 2024 | 20:04

What is the P/E ratio of Nitin Spinners ?

The P/E ratio of Nitin Spinners is 16.6 As on 27 July, 2024 | 20:04

What is the PB ratio of Nitin Spinners ?

The PB ratio of Nitin Spinners is 2.1 As on 27 July, 2024 | 20:04

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