Nitin Spinners Share Price
(NITINSPIN)
₹388.75
as on 04:01PM, 07 Feb 2025
Nitin Spinners Performance
Day's Low
Day's High
₹387.1Day's Price Range₹39652 Week's Low
52 Week's High
₹29352-Week Price Range₹494.35
| Returns % | |
| 1 Month Return | -5.27 % |
| 3 Month Return | -3.18 % |
| 1 Year Return | + 3.08 % |
| Market Stats | |
| Previous Close | ₹393.05 |
| Open | ₹393.00 |
| Volume | 45.12K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,209.73Cr |
Nitin Spinners Key Statistics
P/E Ratio
0PEG Ratio
0Market Cap
₹2,209.73 Cr
P/B Ratio
1.59
EPS
0Dividend Yield
0Sector
Textiles
ROE
12.09
Nitin Spinners Mutual Fund Holdings
Nitin Spinners Analyst Rating
based on 2 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 2 analysts offering long term price targets for Nitin Spinners. An average target of ₹527
Source: S&P Global Market Intelligence
Nitin Spinners Share analysis
Nitin Spinners price forecast by 2 analysts
Upside of34.08%
High
₹552
Target
₹527.00
Low
₹502
Nitin Spinners target price ₹527, a slight upside of 34.08% compared to current price of ₹388.75. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Nitin Spinners revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
Nitin Spinners EPS growth forecast
EPS estimate Q1, FY2027:0
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Nitin Spinners Ltd
Nitin Spinners Plans Major Expansion with ₹1,100 Cr Investment - 02 Feb, 2025
Nitin Spinners Limited announced a ₹1,100 crore investment for expansion, enhancing spinning and weaving capacities. The company reported strong Q3 FY25 results, with revenue and net profit growth, indicating positive momentum.Nitin Spinners Stock Surges Nearly 6% in Trading - 01 Feb, 2025
Nitin Spinners Ltd saw a significant increase of nearly 6% in its stock price, reaching an intraday high of Rs. 435, reflecting positive market sentiment.Nitin Spinners Reports Strong Q4 Results - 28 Jan, 2025
Nitin Spinners reported standalone net sales of Rs 838.87 crore for December 2024, up 11.79% YoY. Net profit rose 41.05% to Rs 44.78 crore, with EBITDA increasing by 14.34%. EPS improved to Rs 7.96 from Rs 5.65 a year ago. However, shares have declined 12.27% over the last six months.
Insights on Nitin Spinners Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 0.74% to 1.50% in Dec 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 14.73% to 15.41% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Swan Energy Ltd has given 223.3% return, outperforming this stock by 207.1%
- NO EFFECT
Against Peers
In the last 1 year, K P R Mill Ltd has given 18.7% return, outperforming this stock by 15.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.50% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, NITINSPIN stock has moved down by -5.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 27.91% to 26.51% in Dec 2024 quarter
Nitin Spinners Financials
Index Inclusions
Nitin Spinners Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.5% | 0.00 | |
| Foreign Institutions | 1.5% | 102.54 | |
| Mutual Funds | 15.41% | 4.60 | |
| Retail Investors | 26.51% | ||
| Others | 0.07% |
Nitin Spinners Key Indicators
Nitin Spinners Earnings and Dividends
Nitin Spinners Ltd Earnings Results
Nitin Spinners Ltd’s net profit jumped 41.04% since last year same period to ₹44.78Cr in the Q3 2024-2025. On a quarterly growth basis, Nitin Spinners Ltd has generated 6.21% jump in its net profits since last 3-months.
Read More about Earnings ResultsNitin Spinners Ltd Dividends May,2024
In the quarter ending March 2024, Nitin Spinners Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.64%.
Read More about Dividends
Nitin Spinners Technicals Summary
Bearish
Neutral
Bullish
Nitin Spinners Ltd is currently in a Bearish trading position according to technical analysis indicators.
Nitin Spinners Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,209.73 Cr | 125.84% | 0.77 | NA | NA | |
| BUY | ₹4,998.80 Cr | -5.23% | 0.72 | NA | NA | |
| NA | ₹558.04 Cr | 1143.64% | 4.48 | -₹16 Cr | ₹929 Cr | |
| BUY | ₹6,061.45 Cr | 104.28% | 0.66 | ₹337 Cr | ₹3,557 Cr | |
| NA | ₹25.35 Cr | 113.4% | 0.82 | NA | NA |
About Nitin Spinners
Share Price: ₹388.75 per share as on 07 Feb, 2025 04:01 PM
Market Capitalisation: ₹2,209.73Cr as of today
Listing date: 02 Feb, 2006
| Organisation | Nitin Spinners |
| Headquarters | |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
FAQs on Nitin Spinners Ltd
What is Nitin Spinners Ltd price today?
Nitin Spinners Ltd share price today stands at ₹388.75, Open: ₹393, Previous Close: ₹393.05, High: ₹396, Low: ₹387.1, 52 Week High: ₹494.35, 52 Week Low: ₹293.
How to Buy Nitin Spinners Ltd Share in India?
- Get a PAN card
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- Open a Trading account
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- Fund your Trading account
- Place an order to buy Nitin Spinners Ltd shares
Is Nitin Spinners Ltd listed on NSE?
Nitin Spinners Ltd is listed on NSE
Is Nitin Spinners Ltd listed on BSE?
Nitin Spinners Ltd is listed on BSE
What are today's High and Low prices of Nitin Spinners Ltd?
- Today's highest price of Nitin Spinners Ltd is ₹396.
- Today's lowest price of Nitin Spinners Ltd is ₹387.1.
What are today's traded volumes of Nitin Spinners Ltd?
Today's traded volume of Nitin Spinners Ltd(NITINSPIN) is 45.12K.
What is today's market capitalisation of Nitin Spinners Ltd?
Today's market capitalisation of Nitin Spinners Ltd(NITINSPIN) is ₹2209.73Cr.
What is the 52 Week High and Low Range of Nitin Spinners Ltd?
How much percentage Nitin Spinners Ltd is down from its 52 Week High?
Nitin Spinners Ltd (NITINSPIN) share price is ₹388.75. It is down -21.36% from its 52 Week High price of ₹494.35
How much percentage Nitin Spinners Ltd is up from its 52 Week low?
Nitin Spinners Ltd (NITINSPIN) share price is ₹388.75. It is up 32.68% from its 52 Week Low price of ₹293