NITINSPIN

Nitin Spinners Share Price Nitin Spinners

₹356.9
-0.3 (-0.08%)
26 April, 2024 10:15 BSE: 532698 NSE: NITINSPINISIN: INE229H01012

Start SIP in Nitin Spinners

Start SIP

Nitin Spinners Performance

Day Range

  • Low 356
  • High 361
₹ 356

52 Week Range

  • Low 227
  • High 395
₹ 356
  • Open Price357
  • Previous Close357
  • Volume8743

Nitin Spinners Share Price

  • Over 1 Month +4.85%
  • Over 3 Month +2.69%
  • Over 6 Month +32.73%
  • Over 1 Year +44.17%

Nitin Spinners Key Statistics

P/E Ratio 15.3
PEG Ratio -0.4
Market Cap Cr 2,007
Price to Book Ratio 2
EPS 29.2
Dividend 0.7
Relative Strength Index 56.45
Money Flow Index 54.94
MACD Signal 1.95
Average True Range 12.3
Nitin Spinners Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 750737617655
Operating Expenses Qtr Cr 648655541584
Operating Profit Qtr Cr 103827671
Depreciation Qtr Cr 35242321
Interest Qtr Cr 25151510
Tax Qtr Cr 1111102
Net Profit Qtr Cr 32322939
IndicatorMar 2023
Total Revenue Annual Cr 2,410
Operating Expenses Annual Cr 2,110
Operating Profit Annual in Cr 297
Depreciation Cr 87
Interest Annual Cr 38
Tax Annual Cr 11
Net Profit Annual Cr 165
IndicatorMar 2023
Cash from Operating Activity Annual Cr 194
Cash from Investing Activity Annual Cr -433
Cash from Financing Annual Activity Cr 239
Net Cash Flow Annual Cr 0
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,029
Fixed Assets Annual Cr 1,351
Total Non Current Assets Annual Cr 1,422
Total Current Assets Annual Cr 796
Total Assets Annual Cr 2,218
IndicatorMar 2023
Book Value Per Share Annual Rs 183
ROE Annual % 16
ROCE Annual % 13
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12
IndicatorDec 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 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 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 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 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
₹356.9
-0.3 (-0.08%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹350.06
  • 50 Day
  • ₹347.28
  • 100 Day
  • ₹339.18
  • 200 Day
  • ₹317.97
  • 20 Day
  • ₹348.81
  • 50 Day
  • ₹349.48
  • 100 Day
  • ₹346.14
  • 200 Day
  • ₹314.04

Nitin Spinners Resistance and Support

PIVOT
₹357.75
Resistance
First Resistance 361.45
Second Resistance 365.70
Third Resistance 369.40
RSI 56.45
MFI 54.94
MACD Single Line 1.95
MACD 2.62
Support
First Resistance 353.50
Second Resistance 349.80
Third Resistance 345.55

Nitin Spinners Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 46,444 2,583,215 55.62
Week 50,718 2,877,209 56.73
1 Month 99,978 5,710,752 57.12
6 Month 219,343 8,846,121 40.33

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. 2406.71 Cr. and Equity Capital is Rs. 56.22 Cr. for the Year ended 31/03/2023. 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 2,008
Sales 2,760
Shares in Float 2.47
No of funds 27
Yield 0.7
Book Value 1.95
U/D Vol ratio 1
LTDebt / Equity 55
Alpha 0.01
Beta 1.3

Nitin Spinners

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 56.46%56.41%56.41%56.41%
Mutual Funds 13.74%13.32%11.24%8.44%
Foreign Portfolio Investors 0.7%1.09%1.32%2.21%
Individual Investors 23.72%24.01%25.43%26.72%
Others 5.38%5.17%5.6%6.22%

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
2024-01-29 Quarterly Results
2023-11-09 Quarterly Results
2023-08-05 Quarterly Results
2023-05-06 Audited Results & Final Dividend
2023-02-02 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 ₹356 As on 26 April, 2024 | 10:01

What is the Market Cap of Nitin Spinners ?

The Market Cap of Nitin Spinners is ₹2006.5 Cr As on 26 April, 2024 | 10:01

What is the P/E ratio of Nitin Spinners ?

The P/E ratio of Nitin Spinners is 15.3 As on 26 April, 2024 | 10:01

What is the PB ratio of Nitin Spinners ?

The PB ratio of Nitin Spinners is 2 As on 26 April, 2024 | 10:01

Q2FY23