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Nitin Spinners Ltd PE Ratio

Nitin Spinners Ltd PE Ratio

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

NSE: NITINSPIN

PE

14.7

Last updated on: Nov 30, 2024

Key Highlights

  • The P/E Ratio of Nitin Spinners Ltd is 14.7 as of 30 Nov 10:56 AM .
  • The P/E Ratio of Nitin Spinners Ltd changed from 7.9 on March 2019 to 13.9 on March 2024 . This represents a CAGR of 9.87% over 6 years.
  • The Latest Trading Price of Nitin Spinners Ltd is ₹ 405.45 as of 29 Nov 15:30 .
  • The PE Ratio of Textiles Industry has changed from -259.4 to 21.6 in 5 years. This represents a CAGR of NaN%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Nitin Spinners Ltd

No data available

Company Fundamentals for Nitin Spinners Ltd

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Nitin Spinners Ltd

NSE: NITINSPIN

Share Price

₹ 405.45

-0.85 (-0.21%)

stock direction

Last updated on: Nov 29, 2024

Market Price of Nitin Spinners Ltd

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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 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

SWOT Analysis Of Nitin Spinners Ltd

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0

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Weakness

0

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Opportunity

0

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Threats

1

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BlinkX Score for Nitin Spinners Ltd

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Asset Value vs Market Value of Nitin Spinners Ltd

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Asset Value

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* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Nitin Spinners Ltd142,279
Grasim Industries Ltd351,75,281
Trident Ltd5317,306
Welspun Living Ltd2014,835
Vardhman Textiles Ltd1713,772
Raymond Lifestyle Ltd2512,466

Key Valuation Metric of Nitin Spinners Ltd

No data available

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PE Ratio of Textiles Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Nitin Spinners Ltd

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* All values are in crore

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 announces board meeting date

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 7 November ...

Read more

2024-10-26 00:00:00

News

Nitin Spinners standalone net profit rises 33.00% in the September 2024 quarter

Net profit of Nitin Spinners rose 33.00% to Rs 42.16 crore in the quarter ended September ...

Read more

2024-11-07 00:00:00

Product Composition

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Annual Reports

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Concalls

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FAQs for PE of Nitin Spinners Ltd

What is the current PE Ratio of Nitin Spinners Ltd?

The Current PE Ratio of Nitin Spinners Ltd is 14.68 as on 30 Nov 2024.

What is the average PE Ratio of the Textiles industry?

The average industry PE Ratio of Textiles is 37.6 as on 30 Nov 2024.

What was the PE Ratio of Nitin Spinners Ltd last year?

The PE Ratio of Nitin Spinners Ltd was 7.7 last year, now the PE ratio is 14.68, showing a year-on-year growth of 90.6%.

What does the PE Ratio of Nitin Spinners Ltd indicate about its stock?

The PE Ratio of Nitin Spinners Ltd is 14.68. This ratio indicates that investors are willing to pay 14.68 times the earnings per share for each share of Nitin Spinners Ltd.

What is the PE Ratio Growth of Nitin Spinners Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Nitin Spinners Ltd grew by 90.6% whereas, the EPS ratio grew by 0.1.
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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