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Nitin Spinners Ltd.

BSE: 532698 | NSE: NITINSPIN |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE229H01012 | SECTOR: Textiles - Spinning - Cotton Blended

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Info

BSE Live

Jan 22, 11:25
58.45 3.55 (6.47%)
Volume
AVERAGE VOLUME
5-Day
3,438
10-Day
3,608
30-Day
3,658
427
  • Prev. Close

    54.90

  • Open Price

    57.00

57.00

Today’s L/H

58.50
45.25

52 Wk L/H

97.00
43.95

L/U Price Band

65.85
  • Bid Price (Qty.)

    58.45 (68)

  • Offer Price (Qty.)

    58.75 (67)

  •  VWAP

    58.16
     Beta
    0.94
  • Market Depth (22 Jan 2020)

    BUYSELL
    QTY PRICE PRICE QTY
    68 58.45 58.75 67
    319 58.35 58.85 319
    80 58.15 58.90 80
    118 57.70 59.00 115
    349 57.65 59.40 300
    3849 Total Total 1991
     Market Depth
    BUY 3849
    SELL 1991
    66%
    34%

NSE Live

Jan 22, 11:25
58.55 3.50 (6.36%)
Volume
AVERAGE VOLUME
5-Day
41,251
10-Day
30,501
30-Day
33,118
18,987
  • Prev. Close

    55.05

  • Open Price

    55.90

55.00

Today’s L/H

58.75
44.20

52 Wk L/H

94.90
44.05

L/U Price Band

66.05
  • Bid Price (Qty.)

    58.55 (218)

  • Offer Price (Qty.)

    58.65 (194)

  •  VWAP

    57.77
     Beta
    1.00
  • DELIVERY AVERAGES
    3-Day
    70.46%
    5-Day
    59.71%
    8-Day
    62.33%
    Deliverables
  • SMA VOLUME
    30
    51.23
    50
    50.26
    150
    55.01
    200
    61.45
    SMA
    51.23

Charts

  • Open : -
  • High : -
  • Low -
  • Close: -
  • Volume -

TECHNICAL ANALYSIS

TECHNICAL RATING
Very Bullish
Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Bullish
Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 56.63 58.22 59.53 55.32 53.73 52.42 50.83
Fibonacci 56.42 57.11 58.22 55.32 54.21 53.52 52.42
Camarilla 55.32 55.58 55.85 55.32 54.78 54.52 54.25

Note : Support and Resistance level for the day, calculated based on price range of the previous trading day.

SIMPLE MOVING AVERAGES
Days NSE
5 57.36
10 55.68
20 53.20
50 50.38
100 51.06
200 61.30
Pivot levels

Note : Support and Resistance level for the day, calculated based on price range of the previous trading day.

Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 60.95 63.40 67.40 56.95 54.50 50.50 48.05
Fibonacci 59.41 60.94 63.40 56.95 54.49 52.96 50.50
Camarilla 59.09 59.68 60.27 56.95 57.91 57.32 56.73

Note : Support and Resistance level for the week, calculated based on price range of the previous trading week.

SIMPLE MOVING AVERAGES
Pivot levels

Note : Support and Resistance level for the week, calculated based on price range of the previous trading week.

Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 54.07 57.08 61.22 49.93 46.92 42.78 39.77
Fibonacci 52.66 54.35 57.08 49.93 47.20 45.51 42.78
Camarilla 51.71 52.36 53.02 49.93 50.39 49.74 49.08

Note : Support and Resistance level for the month, calculated based on price range of the previous trading month.

SIMPLE MOVING AVERAGES
Pivot levels

Note : Support and Resistance level for the month, calculated based on price range of the previous trading month.

Valuation

    • Market Cap (Rs Cr.)
      308.65
    • P/E
      7.26
    • Book Value (Rs)
      85.83
    • Dividend (%)
      12.50
    • Market Lot
      1
    • Industry P/E
      10.31
    • EPS (TTM)
      7.78
    • P/C
      3.23
    • Price/Book
      0.64
    • Dividend Yield.(%)
      2.28
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      70.46
      5-Day
      59.71
      8-Day
      62.33
      75.01

* Note - P.E (TTM) is displayed only when latest 4 quarter results are positive.

    • Market Cap (Rs Cr.)
      308.65
    • P/E
      -
    • Book Value (Rs)
      139.32
    • Dividend (%)
      12.50
    • Market Lot
      1
    • Industry P/E
      10.31
    • EPS (TTM)
      -
    • P/C
      -
    • Price/Book
      0.39
    • Dividend Yield.(%)
      2.28
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      70.46
      5-Day
      59.71
      8-Day
      62.33
      75.01

* Note - P.E (TTM) is displayed only when latest 4 quarter results are positive.

Forum

Community Sentiments

  • 100% BUY
  • 0% SELL
  • 0% HOLD
100%
of moneycontrol users recommend buying Nitin Spinners

What's your call on Nitin Spinners today?

Read 0 investor views

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Action in Nitin Spinners Ltd.

  • Technicals

    Nitin Spinners closes above 150-Day Moving Average of 55.53 today.

    Jan 15

  • Technicals

    Nitin Spinners closes above 30-Day,50-Day Moving Average today.

    Dec 31

  • Technicals

    Nitin Spinners closes below 50-Day Moving Average of 51.31 today.

    Nov 27

  • Technicals

    Nitin Spinners closes above 50-Day Moving Average of 51.35 today.

    Nov 26

  • 52 Week Low

    Nitin Spinners has hit 52wk low of Rs 44.20 on NSE

    Nov 20, 09:18

  • 52 Week Low

    Nitin Spinners has hit 52wk low of Rs 46.00 on NSE

    Nov 19, 09:18

  • 52 Week Low

    Nitin Spinners has hit 52wk low of Rs 45.55 on BSE

    Nov 15, 09:18

  • 52 Week Low

    Nitin Spinners has hit 52wk low of Rs 46.00 on NSE

    Nov 14, 10:12

  • Technicals

    Nitin Spinners closes above 30-Day,50-Day Moving Average today.

    Oct 23

  • Technicals

    Nitin Spinners closes above 30-Day,50-Day Moving Average today.

    Oct 21

  • AGM/EGM

    Nitin Spinners AGM on Sep 20, 2019, Announcement date: May 27, 2019

    Sep 19, 11:00

  • Technicals

    Nitin Spinners closes above 30-Day Moving Average of 51.57 today.

    Sep 11

  • Technicals

    Nitin Spinners closes above 30-Day Moving Average of 78.15 today.

    Jun 07

  • Technicals

    Nitin Spinners closes below 30-Day Moving Average of 78.28 today.

    Jun 06

  • Technicals

    Nitin Spinners closes below 50-Day Moving Average of 81.73 today.

    Jun 03

  • Technicals

    Nitin Spinners closes above 50-Day Moving Average of 81.82 today.

    May 31

  • Technicals

    Nitin Spinners closes above 30-Day Moving Average of 79.29 today.

    May 27

  • AGM/EGM

    Nitin Spinners EGM on Apr 27, 2019, Announcement date: Apr 03, 2019

    Apr 26, 11:00

  • Technicals

    Nitin Spinners closes below 50-Day Moving Average of 82.70 today.

    Apr 23

  • Technicals

    Nitin Spinners closes below 50-Day Moving Average of 82.79 today.

    Apr 22

Pre-Opening Session Prices9:00 am - 9:15 am

BSE - No shares traded

NSE

Jan 22, 09:15
55.90 0.85 (1.54%)
High 55.90
Low 54.65
Prev. Close 55.05

Financials

Income Statement

  Sep 2019 Jun 2019 Mar 2019 Dec 2018 Sep 2018
Net Sales 372.56 283.13 313.25 317.90 311.30
Other Income 0.26 0.47 0.89 0.59 0.64
PBDIT 35.12 38.05 46.77 42.59 44.66
Net Profit 0.73 10.76 17.87 14.39 16.42

Balance Sheet

Standalone Mar 2019 Mar 2018
Total Share Capital 56.22 55.55
Networth 482.53 416.83
Total Debt 804.17 398.02
Net Block 523.56 569.80
Investments 0.00 0.00
Total Assets 1,286.72 814.85

Historical Prices

On
Current Price %Gain / Loss
Open Price 90.95 57.00
-37.33
High Price 91.95 59.25
-35.56
Low Price 90.45 57.00
-36.98
Close Price 91.35 54.90
-39.9
Volume 3,027 2,004
-33.8
On
Current Price %Gain / Loss
Open Price 92.50 55.90
-39.57
High Price 92.70 59.40
-35.92
Low Price 89.95 55.00
-38.85
Close Price 91.05 55.05
-39.54
Volume 35,057 26,992
-23.01
Click Here to view the Open, High, Low, Close, Volume and Historic data for
Index Price Change %Chg
NIFTY 50 12137.50 -32.40 -0.27
SENSEX 41223.27 -100.54 -0.24
NIFTY BANK 30742.90 -204.60 -0.66
NIFTY IT 16370.90 195.70 1.21
S&P BSE Smallcap 14696.61 44.85 0.31
Index Price Change %Chg
KOSPI (Jan 22) 2,266.11 26.42 1.18
Straits Times (Jan 22) 3,250.42 3.25 0.10
Shanghai Composite (Jan 22) 3,056.57 4.43 0.15
Nikkei 225 (Jan 22) 24,031.35 166.79 0.70
SGX Nifty (Jan 22) 12,168.00 -23.00 -0.19

CORPORATE ACTION

Date Agenda
Nov 13, 2019 Quarterly Results
Aug 10, 2019 Quarterly Results
May 25, 2019 Audited Results & Dividend
Feb 08, 2019 Quarterly Results
Type Dividend% Ex-Dividend date
Final 12.50 Sep 12, 2019
Final 12.00 Sep 12, 2018
Final 12.00 Aug 24, 2017
Final 10.00 Sep 15, 2016
Final 10.00 Sep 15, 2015
Ratio Announcement Date Ex-Bonus
No Bonus Information is available for Nitin Spinners
Old FV New FV Ex-Split
No Splits Information is available for Nitin Spinners
Ratio Premium Ex-Bonus
No Rights Information is available for Nitin Spinners
Date Agenda
Sep 20, 2019 -
Apr 27, 2019 -
Sep 22, 2018 -
Mar 26, 2018 -
Dec 14, 2017 -

Dividend Summary

For the year ending March 2019 Nitin Spinners has declared an equity dividend of 12.50% amounting to Rs 1.25 per share. At the current share price of Rs 56.40 this results in a dividend yield of 2.22%.

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

SHARE HOLDING PATTERN & MUTUAL FUND HOLDING

Share Holding Pattern in (%)

Standalone June 2019 March 2019 December 2018 September 2018
Promoters 55.82 55.82 55.82 54.2
Pledged 0 0 0 0
FII/FPI 0 0 0 0.04
Total DII 19.82 19.86 19.51 20.17
Fin.Insts 0.06 0.04 0.03 0.03
Insurance Co 0 0 0 0
MF 16.08 15.86 15.02 14.23
Others DIIs 3.68 3.96 4.46 5.91
Others 24.36 24.32 24.67 25.59
Total 100 100 100 100

Mutual Funds Holding

Data not available

PEERS COMPARISON

Company Name Last Price % Change 52 Wk High 52 Wk Low Market Cap Sales Qtr Net Profit Qtr
Nitin Spinners 59.25 7.92 97.00 45.25 333.1 1,242.51 64.11
Page Industries 25550.00 1.03 26337.95 17140.70 28498.15 2,852.20 393.94
Future Life 410.00 -0.86 502.00 380.75 8257.94 5,377.41 145.37
Welspun India 49.80 0.00 66.05 41.00 5003.53 5,395.27 141.77
KPR Mill 668.35 1.11 714.20 513.00 4598.92 2,978.53 289.11

COMPANY OVERVIEW

Nitin Spinners Limited is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics. The company engaged in the textiles business. They manufacture the range of yarn which include open end yarns, multifold open end yarns, ring spun combed yarns, multifold ring spun yarns, S and Z twist yarns, dyeable cheese cones and organic cotton yarns and blends. The company offers fabrics in greige form in tubular and open width. The range includes single jersey, pique structures, interlock structures, rib structures and three thread fleece. The company`s range of products are used to manufacture products, such as apparel and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd.

COMPANY INFORMATION

  • Registered Office

  • Registrars

  • Management

    • Name

      Designation

    • R L Nolkha

      Chairman

    • Dinesh Nolkha

      Managing Director

    • Nitin Nolakha

      Executive Director

    • Y R Shah

      Independent Director

    • R Chattopadhyay

      Independent Director

  • Listing

    Whether The Company Forms A Part Of The Following Indices -
    • Sensex

      No

    • Nifty

      No

    • Bse-100

      No

    • Bse-200

      No

    • S&P CNX 500

      No

    • CNX Midcap

      No

About Nitin Spinners Ltd.

Nitin Spinners is in the Textiles - Spinning - Cotton Blended sector.

It is listed on the BSE with a BSE Code of 532698 and the NSE with an NSE Code of NITINSPIN.

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