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Nitin Spinners Ltd.

BSE: 532698 | NSE: NITINSPIN | ISIN: INE229H01012 | SECTOR: Textiles - Spinning - Cotton Blended

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Info

BSE Live

Oct 18, 16:00
53.50 4.20 (8.52%)
Volume
AVERAGE VOLUME
5-Day
1,661
10-Day
2,120
30-Day
2,432
3,658
  • Prev. Close

    49.30

  • Open Price

    48.80

47.35

Today’s L/H

53.50
46.20

52 Wk L/H

97.00
39.45

L/U Price Band

59.15
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

  •  VWAP
    48.92
  • Market Depth (18 Oct 2019)

    BUYSELL
    QTY PRICE PRICE QTY
    200 51.50 53.50 47
    50 49.10 55.00 1
    500 49.05 55.20 100
    150 49.00 58.00 1501
    10 48.60 58.90 500
    0 Total Total 0
     Market Depth
    BUY 0
    SELL 0
    0%
    0%

NSE Live

Oct 18, 15:55
52.00 2.70 (5.48%)
Volume
AVERAGE VOLUME
5-Day
15,806
10-Day
15,088
30-Day
22,871
29,541
  • Prev. Close

    49.30

  • Open Price

    48.80

48.65

Today’s L/H

54.80
46.00

52 Wk L/H

99.40
39.45

L/U Price Band

59.15
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    52.00 (50)

  • VWAP
    51.07
    Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
    Series: EQ
  • DELIVERY AVERAGES
    3-Day
    61.04%
    5-Day
    65.08%
    8-Day
    67.12%
    Deliverables
  • SMA VOLUME
    30
    50.52
    50
    50.72
    150
    67.93
    200
    72.17
    SMA
    50.52

Charts

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

Valuation

    • Market Cap (Rs Cr.)
      300.78
    • P/E
      4.92
    • Book Value (Rs)
      85.83
    • Dividend (%)
      12.50
    • Market Lot
      1
    • Industry P/E
      8.99
    • EPS (TTM)
      10.57
    • P/C
      2.56
    • Price/Book
      0.62
    • Dividend Yield.(%)
      2.34
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      61.04
      5-Day
      65.08
      8-Day
      67.12
      47.73

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

    • Market Cap (Rs Cr.)
      300.78
    • P/E
      -
    • Book Value (Rs)
      139.32
    • Dividend (%)
      12.50
    • Market Lot
      1
    • Industry P/E
      8.99
    • EPS (TTM)
      -
    • P/C
      -
    • Price/Book
      0.38
    • Dividend Yield.(%)
      2.34
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      61.04
      5-Day
      65.08
      8-Day
      67.12
      47.73

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

Simple Moving Averages
DAYS BSE NSE
30 50.55 50.52
50 50.72 50.72
150 67.91 67.93
200 72.14 72.17
Click here to view the Open, High, Low, Close, Volume and Spread data.

Forum

Community Sentiments

Data not Available

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Read 0 investor views

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Action in Nitin Spinners Ltd.

  • Technicals
    JUST NOW

    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

  • Technicals

    Nitin Spinners closes below its 30-Day,150-Day,200-Day Moving Average today.

    Apr 19

  • Technicals

    Nitin Spinners closes below its 30-Day,150-Day,200-Day Moving Average today.

    Apr 18

  • Technicals

    Nitin Spinners closes above its 30-Day,150-Day,200-Day Moving Average today.

    Apr 17

  • Technicals

    Nitin Spinners closes above its 30-Day,150-Day,200-Day Moving Average today.

    Apr 16

  • Technicals

    Nitin Spinners closes below 30-Day,150-Day Moving Average today.

    Apr 15

  • Technicals

    Nitin Spinners closes above 150-Day Moving Average of 84.68 today.

    Apr 10

  • Technicals

    Nitin Spinners closes below 150-Day,200-Day Moving Average today.

    Apr 09

  • Technicals

    Nitin Spinners closes above its 50-Day,150-Day,200-Day Moving Average today.

    Mar 26

  • Technicals

    Nitin Spinners closes below 150-Day Moving Average of 84.95 today.

    Mar 19

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

BSE - No shares traded

NSE

Oct 21, 09:15
49.05 -0.25 (-0.51%)
High 49.05
Low 0.00
Prev. Close 49.30

Financials

Income Statement

  Jun 2019 Mar 2019 Dec 2018 Sep 2018 Jun 2018
Net Sales 283.13 313.25 317.90 311.30 300.07
Other Income 0.47 0.89 0.59 0.64 0.66
PBDIT 38.05 46.77 42.59 44.66 44.05
Net Profit 10.76 17.87 14.39 16.42 15.43

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 82.45 48.80
-40.81
High Price 82.45 53.50
-35.11
Low Price 79.15 47.35
-40.18
Close Price 79.65 49.30
-38.1
Volume 3,186 3,658
14.81
On
Current Price %Gain / Loss
Open Price 84.90 48.80
-42.52
High Price 84.90 54.80
-35.45
Low Price 79.50 48.65
-38.81
Close Price 81.15 49.30
-39.25
Volume 29,954 29,541
-1.38
Click Here to view the Open, High, Low, Close, Volume and Historic data for
Index Price Change %Chg
NIFTY 50 11661.90 75.50 0.65
SENSEX 39298.38 246.32 0.63
NIFTY BANK 29120.25 130.80 0.45
NIFTY IT 15410.10 128.20 0.84
S&P BSE Smallcap 13126.83 212.74 1.65
Index Price Change %Chg
Nasdaq (Oct 21) 8,150.98 61.44 0.76
DAX (Oct 21) 12,747.96 114.36 0.91
CAC (Oct 21) 5,648.35 12.10 0.21
FTSE (Oct 21) 7,163.64 13.07 0.18
SGX Nifty (Oct 21) 11,632.00 -66.50 -0.57

CORPORATE ACTION

Date Agenda
Aug 10, 2019 Quarterly Results
May 25, 2019 Audited Results & Dividend
Feb 08, 2019 Quarterly Results
Oct 31, 2018 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 June 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 52.00 this results in a dividend yield of 2.4%.

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 52.60 6.69 97.00 46.20 295.72 1,242.51 64.11
Vardhman Text 919.60 0.66 1154.00 860.35 5287.78 6,414.58 695.88
Trident 60.35 6.16 75.60 52.15 3075.41 5,219.52 370.92
Forbes Gokak 1683.05 4.43 2718.90 1560.00 2170.9 227.28 10.27
Vishal Fabrics 335.00 -1.47 590.00 230.00 1471.1 998.49 17.86

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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