NITINSPIN

NITIN SPINNERS

Small Cap BSE: 532698 NSE: NITINSPIN
₹202.5
3.25 (1.63%)
As on 18 August, 2022 | 04:47

Nitin Spinners Share Price

Nitin Spinners Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Nitin Spinners Share Returns

  • Over 1 Month 1.43%
  • Over 3 Month -13.94%
  • Over 6 Month -29.82%
  • Over 1 Year -5.02%

Nitin Spinners Key Statistics

P/E Ratio 3.4
PEG Ratio 0
Market Cap Cr 1,139
Price to Book Ratio 1.3
EPS 58.5
Dividend 1.5
Relative Strength Index 45.57
Money Flow Index 54.35
MACD Signal -1.08
Average True Range 6.38

Nitin Spinners Investment Rating

  • Master Rating:
  • Nitin Spinners has an operating revenue of Rs. 2,847.51 Cr. on a trailing 12-month basis. An annual revenue growth of 66% is outstanding, Pre-tax margin of 19% is great, ROE of 37% is exceptional. The company has a reasonable debt to equity of 46%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 12 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 121 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Nitin Spinners Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 709
  • 769
  • 705
  • 665
  • 554
  • 512
  • Operating Expenses Qtr Cr
  • 600
  • 602
  • 527
  • 487
  • 425
  • 407
  • Operating Profit Qtr Cr
  • 109
  • 167
  • 178
  • 177
  • 129
  • 104
  • Depreciation Qtr Cr
  • 22
  • 22
  • 22
  • 22
  • 22
  • 22
  • Interest Qtr Cr
  • 11
  • 14
  • 13
  • 14
  • 14
  • 16
  • Tax Qtr Cr
  • 11
  • 47
  • 50
  • 50
  • 33
  • 24
  • Net Profit Qtr Cr
  • 66
  • 85
  • 93
  • 87
  • 60
  • 43

Nitin Spinners Technicals

EMA & SMA

Current Price
202.5
3.25 (1.63%)
  • Bullish Moving Average
  • ___
  • 2
  • Bearish Moving Average
  • ___
  • 14
  • 20 Day
  • 204.83
  • 50 Day
  • 209.84
  • 100 Day
  • 221.15
  • 200 Day
  • 245.67
  • 20 Day
  • 206.58
  • 50 Day
  • 205.84
  • 100 Day
  • 222.19
  • 200 Day
  • 245.97

Nitin Spinners Resistance and Support

PIVOT
₹200.25
Resistance
  • First Resistance
  • 201.5
  • Second Resistance
  • 203.75
  • Third Resistance
  • 205
Support
  • First Resistance
  • 198
  • Second Resistance
  • 196.75
  • Third Resistance
  • 194.5
  • RSI
  • 45.57
  • MFI
  • 54.35
  • MACD Single Line
  • -1.08
  • MACD
  • -1.86

Nitin Spinners Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 148,413
  • 10,561,069
  • 71.16
  • Week
  • 114,955
  • 7,931,878
  • 69
  • 1 Month
  • 132,445
  • 7,509,640
  • 56.7
  • 6 Month
  • 154,764
  • 10,140,136
  • 65.52

Nitin Spinners Result Highlights

Nitin Spinners Synopsis

NSE-Apparel-Clothing Mfg

Nitin Spinners is involved in the business activities of Weaving, manufacture of cotton and cotton mixture fabrics.. Company’s Total Operating Revenue is Rs. 2692.32 Cr. and Equity Capital is Rs. 56.22 Cr. for the Year ended 31/03/2022. 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
  • 1,138
  • Sales
  • 2,848
  • Shares in Float
  • 2.47
  • No of funds
  • 39
  • Yield
  • 1.98
  • Book Value
  • 1.3
  • U/D Vol ratio
  • 1
  • LTDebt / Equity
  • 46
  • Alpha
  • -0.03
  • Beta
  • 1.19

Nitin Spinners

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 56.36%
  • 56.25%
  • 56.25%
  • Mutual Funds
  • 5%
  • 4.58%
  • 4.23%
  • Foreign Portfolio Investors
  • 4.26%
  • 4.84%
  • 4.02%
  • Financial Institutions/ Banks
  • Individual Investors
  • 28.82%
  • 28.51%
  • 29.54%
  • Others
  • 5.56%
  • 5.82%
  • 5.96%

Nitin Spinners Management

  • Name
  • Designation
  • Mr. R L Nolkha
  • Chairman
  • Mr. Dinesh Nolkha
  • Managing Director
  • Mr. Nitin Nolakha
  • Joint Managing Director
  • Mr. Y R Shah
  • 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
  • 2022-08-06
  • Quarterly Results
  • 2022-05-12
  • Audited Results & Dividend
  • 2022-02-03
  • Quarterly Results & Interim Dividend
  • 2021-11-09
  • Quarterly Results
  • 2021-08-03
  • Quarterly Results & A.G.M.
  • Date
  • Purpose
  • Remarks
  • 2022-02-11
  • INTERIM
  • Rs.1.50 per share(15%)Interim Dividend

Nitin Spinners MF Shareholding

  • Name
  • Amount(cr)
  • L&T Emerging Businesses Fund Regular Growth
  • 7993
  • Quant Small Cap Fund Growth
  • 1911
  • Quant Tax Plan Growth
  • 1584
  • IDFC Emerging Businesses Fund Regular Growth
  • 1407
  • L&T Business Cycles Regular Growth
  • 544

Nitin Spinners FAQs

What is Share Price of Nitin Spinners ?

Nitin Spinners share price is ₹202 As on 18 August, 2022 | 04:33

What is the Market Cap of Nitin Spinners ?

The Market Cap of Nitin Spinners is ₹1138.5 Cr As on 18 August, 2022 | 04:33

What is the P/E ratio of Nitin Spinners ?

The P/E ratio of Nitin Spinners is 3.4 As on 18 August, 2022 | 04:33

What is the PB ratio of Nitin Spinners ?

The PB ratio of Nitin Spinners is 1.3 As on 18 August, 2022 | 04:33

Q1FY23