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Nitin Spinners Ltd Share Price History

Nitin Spinners Ltd Share Price History

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 29, 2024)

stocks purchased

3.3 K

Stocks Traded

(Nov 29, 2024)

Last Updated on: Nov 30, 2024

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Nitin Spinners Ltd

BSE

29 Nov, 2024

405.45-0.9 (-0.2%)stock direction

Prev Close

406.3

Open Price

415

Bid Price (QTY)

Offer Price (QTY)

Volume

3306

Today's High / Low

415.0 / 401.6

52 WK High / Low

473.0 / 292.6

NSE

29 Nov, 2024

405.3-1.2 (-0.3%)stock direction

Prev Close

406.5

Open Price

407.45

Bid Price (QTY)

Offer Price (QTY)

Volume

181250

Today's High / Low

409.7 / 402.0

52 WK High / Low

474.0 / 293.0

Market Price of Nitin Spinners Ltd

1M

1Y

3Y

5Y

To make informed investment decisions, regularly checking Nitin Spinners Ltd share price can be a beneficial practice. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
29 Nov 2024405.45
28 Nov 2024406.3
27 Nov 2024399.5
26 Nov 2024395.45
25 Nov 2024376.45
22 Nov 2024376.35
21 Nov 2024361.55
19 Nov 2024369.5
18 Nov 2024385.1
14 Nov 2024389.65

Returns Comparison

1W

1M

3M

6M

1Y

3Y

5Y

10Y

Returns Comparison Table

Entity
left1Wright
Grasim Industries Ltd0.3
Vardhman Textiles Ltd8.3
Welspun Living Ltd2.4
Trident Ltd8.0
Nitin Spinners Ltd7.7
Raymond Lifestyle Ltd3.2

Last updated time: 30 Nov 10:59 AM

Growth Parameters

Parameter
left2017right
Sales933
Sales YoY Gr.-
Adj EPS12.51
YoY Gr.-
Adj Net Profit57
BVPS57.66

Key Financial Parameters

Parameter
left2017right
Return on Capital Emp. %13.2
Op. Profit Mgn %14.38
Net Profit Mgn %6.14
Debt to Equity %1.96

Latest Shareholding

No data available

Promoters Holdings Over Time

No data available

About Nitin Spinners Ltd

  • Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd. On November 15, 1994, the company was converted into public limited company and the name was changed to Nitin Spinners Ltd. Nitin Spinners Ltd 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.

FAQs for Nitin Spinners Ltd Share Price History

What are the key events that typically impact Nitin Spinners Ltd's share price history?

Key events that impact Nitin Spinners Ltd’s share price history include quarterly earnings releases, product launches, leadership changes, economic policies, and geopolitical developments.

How do stock splits affect Nitin Spinners Ltd's share price history?

Stock splits reduce the nominal price of Nitin Spinners Ltd's shares by increasing the number of outstanding shares, which typically makes the stock more accessible to a broader range of investors. Although the total market value of the company remains unchanged after the split, the split can affect investor perception and liquidity, potentially influencing the share price in the longer term.

How do dividends impact the share price history of Nitin Spinners Ltd?

Dividends can influence Nitin Spinners Ltd's share price history by typically causing a temporary dip on the ex-dividend date, as the stock price often adjusts to reflect the dividend payout. Over time, the impact of dividends on the share price may be offset by the company's overall financial performance and market conditions.

How do corporate announcements affect Nitin Spinners Ltd’s share price history?

Corporate announcements such as mergers, acquisitions, or strategic shifts can lead to significant price changes. Any optimistic development news on Nitin Spinners Ltd generally boosts the company’s share price, whereas negative news can lead to a decline in share price.

How can I use technical analysis to understand Nitin Spinners Ltd’s share price history?

To understand Nitin Spinners Ltd’s share price history using technical analysis, examine charts for patterns such as trends, support, and resistance levels, and apply indicators like moving averages or Relative Strength Index (RSI) to gauge potential future movements. Analyze historical data to identify recurring trends and signals that might suggest how the share price could behave under similar conditions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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