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Nitin Spinners Ltd

NITINSPIN
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹1,826 cr, stock is ranked 1,040
High RiskStock is 4.21x as volatile as Nifty
324.853.90 (-1.19%)

Price Chart

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Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹1,826 cr, stock is ranked 1,040
High RiskStock is 4.21x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
13.95
PB RatioPB Ratio
1.78
Dividend YieldDiv. Yield
0.77%
Sector PESector PE
63.81
Sector PBSector PB
7.84
Sector Div YldSctr Div Yld
0.48%

Forecast & RatingsDetailed Forecast 

100%

Analysts have suggested that investors can buy this stock

Price

Price Upside

Pro Only

Earnings

Earnings Growth

Pro Only

Revenue

Rev. Growth

Pro Only

See Detailed Forecast

Company Profile

Nitin Spinners Limited is engaged in textiles business. The Company manufactures cotton yarn and cotton knitted fabric.

Investor PresentationView older 

Aug 7, 2023

PDF
View Older Presentations

Financial TrendFinancial statements 

20202021202220231.441.632.692.410.020.070.330.16
Revenue
Profit
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Increased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 2.08%

See detailed holdings

Recent EventsAll events 

Investor Presentation 
Announced OnJan 30, 2024

Nitin Spinners Limited has informed the Exchange about Investor Presentation | Download

Nitin Spinners Limited has informed the Exchange about Investor Presentation | Download

Outcome of Board Meeting 
Announced OnJan 29, 2024

Nitin Spinners Limited has informed the Exchange regarding Board meeting held on January 29, 2024. | Download

Nitin Spinners Limited has informed the Exchange regarding Board meeting held on January 29, 2024. | Download

Cash Dividend 
Ex. DateSep 11, 2023

Final • Div/Share: ₹ 2.5

See all events