Nitin Spinners Limited
NSE: NITINSPIN BSE: NITINSPIN
Prev Close
376.25
Open Price
377
Volume
122,612
Today Low / High
357.65 / 377
52 WK Low / High
290.5 / 494.35
Range
347 - 384
Prev Close
377.6
Open Price
373
Volume
8,777
Today Low / High
357.5 / 373.05
52 WK Low / High
290 / 493.9
Range
347 - 384
The stock is currently trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). On the NSE, the stock is priced at 365.75 (target range: 347 - 384), reflecting a change of -10.5 (-2.7907%). On the BSE, it is listed at 365.6 (target range: 347 - 384), showing a change of -12 (-3.17797%). The stock price is currently in decline on both exchanges, signaling a downtrend. If you're considering investing in this stock, it's important to monitor the situation closely.
Nitin Spinners Limited Graph
Nitin Spinners Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges
If you are looking for the target price for Nitin Spinners Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 365.75, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.
| Scenario | Price | Target | Range |
|---|---|---|---|
| Bullish Scenario | 365.60 | 369.26 | 332.33 - 406.18 |
| 372.91 | 298.33 - 447.49 | ||
| 376.57 | 263.60 - 489.54 | ||
| Bearish Scenario | 365.60 | 361.94 | 325.75 - 398.14 |
| 358.29 | 286.63 - 429.95 | ||
| 354.63 | 248.24 - 461.02 |
Overview of Nitin Spinners Limited
ISIN
INE229H01012
Industry
Apparel - Manufacturers
Vol.Avg
141,085
Market Cap
20,562,465,000
Last Dividend
2.5
Official Website
IPO Date
2006-02-02
DCF Diff
N/A
DCF
0
Financial Ratios Every Investor Needs
Stock Dividend of NITINSPIN
| Date | Label | Adj Dividend | Dividend | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| 2024-09-09 | September 09, 24 | 2.5 | 2.5 | 2024-09-09 | 2024-10-16 | |
| 2023-09-11 | September 11, 23 | 2.5 | 2.5 | 2023-09-11 | 2023-10-18 | |
| 2022-09-07 | September 07, 22 | 2.5 | 2.5 | 2022-09-08 | 2022-10-15 | |
| 2022-02-10 | February 10, 22 | 1.5 | 1.5 | 2022-02-11 | 2022-03-05 | |
| 2021-09-08 | September 08, 21 | 1.5 | 1.5 | 2021-09-09 | 2021-10-16 |
Annual Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | R&D Expenses | G&A Expenses | Operating Income | Net Income | EPS | EBITDA | NIR |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | 2,881.11 Cr | 2,259.73 Cr | 621.39 Cr | 0.2157 | 9.27 Cr | 14.08 Cr | 234.05 Cr | 131.52 Cr | 23.39 | 377.06 Cr | 0.0456 |
| 2023-03-31 | 2,406.71 Cr | 1,631.00 Cr | 775.71 Cr | 0.3223 | 5.11 Cr | 11.78 Cr | 210.75 Cr | 164.81 Cr | 29.32 | 300.37 Cr | 0.0685 |
| 2022-03-31 | 2,663.97 Cr | 1,761.78 Cr | 902.19 Cr | 0.3387 | 4.88 Cr | 9.78 Cr | 564.21 Cr | 326.14 Cr | 58.01 | 648.91 Cr | 0.1224 |
| 2021-03-31 | 1,608.66 Cr | 1,180.50 Cr | 428.16 Cr | 0.2662 | 3.97 Cr | 7.47 Cr | 166.23 Cr | 68.87 Cr | 12.25 | 259.16 Cr | 0.0428 |
| 2020-03-31 | 1,423.28 Cr | 1,132.32 Cr | 290.96 Cr | 0.2044 | 3.31 Cr | 4.96 Cr | 89.07 Cr | 23.82 Cr | 4.24 | 171.90 Cr | 0.0167 |
Annual Financials Balance Sheet
| Date | C&C Equ. | Tot. Assets | Tot. Liab. | Stock. Equity | Tot. Debt | Net Debt | Inv. | PP&E (Net) | Curr. Def. Rev. | Non-Curr. Def. Rev. | LT Invest. | Curr. Liab. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | 0.07 Cr | 2,716.65 Cr | 1,570.32 Cr | 1,146.3282 Cr | 1,339.11 Cr | 1,339.04 Cr | 563.97 Cr | 1,710.68 Cr | 3.89 Cr | 0.00 Cr | 0.00 Cr | 641.9855 Cr |
| 2023-03-31 | 0.07 Cr | 2,217.98 Cr | 1,189.08 Cr | 1,028.9011 Cr | 979.73 Cr | 979.66 Cr | 492.04 Cr | 1,350.31 Cr | 50.46 Cr | 566.19 Cr | 0.00 Cr | 530.1786 Cr |
| 2022-03-31 | 0.26 Cr | 1,824.37 Cr | 948.56 Cr | 875.8070 Cr | 688.55 Cr | 688.29 Cr | 406.29 Cr | 1,010.71 Cr | 47.15 Cr | 412.13 Cr | 0.00 Cr | 411.3096 Cr |
| 2021-03-31 | 0.02 Cr | 1,676.32 Cr | 1,112.97 Cr | 563.3475 Cr | 961.67 Cr | 961.65 Cr | 354.68 Cr | 1,060.09 Cr | 22.94 Cr | 583.61 Cr | 0.00 Cr | 475.8583 Cr |
| 2020-03-31 | 0.12 Cr | 1,645.26 Cr | 1,151.23 Cr | 494.0332 Cr | 1,040.40 Cr | 1,040.28 Cr | 264.70 Cr | 1,138.08 Cr | 18.81 Cr | 693.04 Cr | 0.00 Cr | 424.9141 Cr |
Annual Financials Cash Flow Statement
| Date | Operating Cash | Investing Cash | Financing Cash | Free Cash | Cash Change | Cash at End | CapEx | Income | Debt Repay | Dividends | Inventory |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | 163.4802 Cr | -425.5025 Cr | 262.0188 Cr | -653.4634 Cr | -0.0035 Cr | 0.0663 Cr | -816.9436 Cr | 131.5182 Cr | 359.3766 Cr | -14.0550 Cr | -71.9292 Cr |
| 2023-03-31 | 193.7646 Cr | -433.4014 Cr | 239.4470 Cr | -241.5051 Cr | -0.1898 Cr | 0.0698 Cr | -435.2697 Cr | 175.8750 Cr | 168.2083 Cr | -14.0550 Cr | -85.7501 Cr |
| 2022-03-31 | 431.4330 Cr | -85.9048 Cr | -345.2892 Cr | 338.9651 Cr | 0.2390 Cr | 0.2596 Cr | -92.4679 Cr | 510.7156 Cr | -273.0860 Cr | -16.8660 Cr | -51.6083 Cr |
| 2021-03-31 | 154.8704 Cr | -11.2229 Cr | -143.7514 Cr | 142.4476 Cr | -0.1039 Cr | 0.0206 Cr | -12.4228 Cr | 106.5186 Cr | -78.7711 Cr | -3.3732 Cr | -89.9812 Cr |
| 2020-03-31 | 98.1901 Cr | -216.7166 Cr | 115.9009 Cr | -118.9683 Cr | -2.6256 Cr | 0.1245 Cr | -217.1584 Cr | 35.6447 Cr | 78.7502 Cr | -8.4720 Cr | -36.8774 Cr |
Quarterly Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | Operating Income | Net Income | EPS | EBITDA | NIR |
|---|---|---|---|---|---|---|---|---|---|
| 2024-12-31 | 838.87 Cr | 606.03 Cr | 232.84 Cr | 0.2776 | 79.88 Cr | 44.78 Cr | 7.96 | 117.79 Cr | 0.0534 |
| 2024-09-30 | 822.52 Cr | 524.14 Cr | 298.39 Cr | 0.3628 | 78.05 Cr | 42.16 Cr | 7.50 | 115.82 Cr | 0.0513 |
| 2024-06-30 | 802.97 Cr | 660.14 Cr | 142.82 Cr | 0.1779 | 82.09 Cr | 42.12 Cr | 7.49 | 120.24 Cr | 0.0525 |
| 2024-03-31 | 800.71 Cr | 666.51 Cr | 134.20 Cr | 0.1676 | 79.99 Cr | 39.17 Cr | 6.97 | 116.86 Cr | 0.0489 |
| 2023-12-31 | 750.42 Cr | 553.76 Cr | 196.67 Cr | 0.2621 | 68.25 Cr | 31.75 Cr | 5.65 | 103.03 Cr | 0.0423 |
Quarterly Financials Balance Sheet
| Date | Cash & Equiv. | Short-Term Inv. | Cash & Short-Term | Net Receivables | Inventory | Total Curr. Assets | PP&E (Net) | Total Assets | Total Liabilities |
|---|---|---|---|---|---|---|---|---|---|
| 2024-09-30 | 10.07 Cr | 3.74 Cr | 13.81 Cr | 0.00 Cr | 422.62 Cr | 981.47 Cr | 1,647.28 Cr | 2,651.81 Cr | 1,434.15 Cr |
| 2024-06-30 | -0.41 Cr | 0.81 Cr | 0.41 Cr | 0.00 Cr | 0.00 Cr | 0.41 Cr | 0.00 Cr | 0.00 Cr | -1,146.33 Cr |
| 2024-03-31 | 0.41 Cr | 0.51 Cr | 0.41 Cr | 321.38 Cr | 563.97 Cr | 986.72 Cr | 1,710.68 Cr | 2,716.65 Cr | 1,570.32 Cr |
| 2023-12-31 | -0.47 Cr | 0.93 Cr | 0.47 Cr | 0.00 Cr | 0.00 Cr | 0.47 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2023-09-30 | 0.08 Cr | 0.71 Cr | 0.79 Cr | 287.64 Cr | 372.96 Cr | 777.07 Cr | 1,743.06 Cr | 2,540.56 Cr | 1,466.08 Cr |
Quarterly Financials Cash Flow Statement
| Date | Net Income | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Net Cash Change | Cash at End | Cash at Beginning | CapEx | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|
| 2024-06-30 | 42.12 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2024-03-31 | 39.17 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2023-12-31 | 31.75 Cr | 69.56 Cr | 0.00 Cr | 0.00 Cr | 69.56 Cr | 70.03 Cr | 0.47 Cr | 0.00 Cr | 69.56 Cr |
| 2023-09-30 | 31.70 Cr | 196.33 Cr | -387.99 Cr | 191.67 Cr | -0.32 Cr | 0.08 Cr | 0.39 Cr | -624.64 Cr | -428.31 Cr |
| 2023-06-30 | 28.90 Cr | 46.06 Cr | 0.00 Cr | 0.00 Cr | 46.06 Cr | 46.43 Cr | 0.38 Cr | 0.00 Cr | 46.06 Cr |
Splits History
| Date | Label | Split Ratio |
|---|---|---|
| No split history data available. | ||
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Key Executives
Gender: male
Year Born:
Gender: male
Year Born: 1966
Gender: male
Year Born: 1970
Gender: male
Year Born: 1976
Gender: male
Year Born: 1962
Gender: male
Year Born: 1966
Gender: male
Year Born: 1972
Gender: male
Year Born: 1971
FAQs about Nitin Spinners Limited
The CEO is Mr. Dinesh Nolkha.
The current price is ₹365.75.
The range is ₹290.5-494.35.
The market capitalization is ₹2,056.25 crores.
The dividend yield is 0.68%.
The P/E ratio is 12.23.
The company operates in the Consumer Cyclical sector.
Overview of Nitin Spinners Limited (ISIN: INE229H01012) is a leading Apparel - Manufacturers in India. With a market capitalization of ₹2,056.25 crores and an average daily volume of 141,085 shares, it operates in the Apparel - Manufacturers. The company last declared a dividend of ₹2.5.