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Market Capitalization of Nitin Spinners Ltd

Market Capitalization of Nitin Spinners Ltd

stocks purchased

₹ 0.6 Cr

Volume transacted

stocks purchased

15.1 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Nitin Spinners Ltd

NSE: NITINSPIN

MARKETCAP

2241.21 crore

Last updated: 18 Sep 24

Key Highlights

  • The Market Cap of Nitin Spinners Ltd is ₹ 2241 crore as of 18 Sep 24.
  • The Market Cap of Nitin Spinners Ltd changed from ₹ 508.79 crore on March 2019 to ₹ 1820 crore on March 2024 . This represents a CAGR of 23.68% over 6 years. .
  • The Latest Trading Price of Nitin Spinners Ltd is ₹ 398.65 as of 18 Sep 15:30.

Historical Market Cap of Nitin Spinners Ltd

No data available

* All values are in crore

Company Fundamentals for Nitin Spinners Ltd

No data available

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Nitin Spinners Ltd

NSE: NITINSPIN

PRICE

398.65

-9.60 (-2.35%)

stock direction

Last updated: 18 Sep 15:30

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Nitin Spinners Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024398.65
17 Sep 2024408.25
16 Sep 2024413.8
13 Sep 2024415.25
12 Sep 2024413.45
11 Sep 2024413.05
10 Sep 2024420.1
09 Sep 2024416.35
06 Sep 2024417.85
05 Sep 2024422.95

SWOT Analysis Of Nitin Spinners Ltd

Strength

0

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Nitin Spinners Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nitin Spinners Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Nitin Spinners Ltd152,241
Grasim Industries Ltd311,83,298
Trident Ltd5518,438
Welspun Living Ltd2417,342

Key Valuation Metric of Nitin Spinners Ltd

No data available

Historical P/E Ratio of Nitin Spinners Ltd

No data available

* All values are in %

Historical Revenue of Nitin Spinners Ltd

No data available

* All values are in crore

Historical EBITDA of Nitin Spinners Ltd

No data available

* All values are in crore

Historical Net Profit of Nitin Spinners Ltd

No data available

* All values are in crore

Historical Dividend Payout of Nitin Spinners Ltd

No data available

* All values are in %

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.

Nitin Spinners Ltd News Hub

News

Nitin Spinners to conduct AGM

Nitin Spinners announced that the 32nd Annual General Meeting (AGM) of the company will be...

Read more

23 Jul 202418:16

News

Board of Nitin Spinners approves change in directorate

The Board of Nitin Spinners at its meeting held on 22 July 2024 has approved the following...

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22 Jul 202417:36

News

Nitin Spinners to table results

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 22 July 202...

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13 Jul 202413:36

News

Board of Nitin Spinners recommends Final Dividend

Nitin Spinners announced that the Board of Directors of the Company at its meeting held on...

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09 May 202415:30

News

Nitin Spinners to announce Quarterly Result

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 9 May 2024....

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30 Apr 202418:45

News

Nitin Spinners schedules board meeting

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 29 January ...

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17 Jan 202417:23

Product Composition

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Annual Reports

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FAQs for Market Cap of Nitin Spinners Ltd

What is the market cap of Nitin Spinners Ltd?

As of September 18, 2024, Nitin Spinners Ltd has a market capitalization of ₹2241.21, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Nitin Spinners Ltd's market capitalization?

Nitin Spinners Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Nitin Spinners Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Nitin Spinners Ltd's market capitalization change?

Nitin Spinners Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
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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