Nahar Spinning Mills Limited
Share Price Target & Analysis

NSE:NAHARSPING

239.31

VWAP

239.75

Open

237.4

Close

242.45

High

236.05

Low

384.5

52 Week High

238.50
1.10 (0.46%)

NAHARSPING

(TEXTILES)
8.5% Momentum

Watch Carefully

225

52 Week Low

N/A

EPS

35.14

PE

0.58

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: NAHARSPING Share Price Financial Analysis & Valuation

Nahar Spinning Mills Limited (NAHARSPING) is broadly categorized in TEXTILES segment industry which deals in Textiles - Hosiery & Knitwear vertical. It is one of Small Cap company with Market Capitalization of Rs 2200.3 (in Cr). Total number of free float shares are 3.6 (in Lacs). Nahar Spinning Mills Limited is listed on NSE with Exchange ID - INE290A01027 and trading code is NSE:NAHARSPING with short name Nahar Spinning.

In the past 1 year, Nahar Spinning Mills Limited has declared an equity dividend of Rs 3.5 per share. At the current share price of NAHARSPING at Rs 238.50, this results in a dividend yield of 1.47 %.

As per the Fundamental Analysis of NSE:NAHARSPING, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NAHARSPING underlying value and future prospects. All of this data is available in NAHARSPING financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NAHARSPING, it is clearly understood that NAHARSPING is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:NAHARSPING book value per share as of today is 410.69. The current price to book ratio for NAHARSPING as of Nov 23, 2024 is 0.58.

Valuation of the Stock: The current valuation of NAHARSPING stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NAHARSPING whether to BUY this stock at current valuation. The delivery percentage of NAHARSPING is 52.22% is very crucial parameter which shows that 52.22% investors are anticipating that the price of NAHARSPING share should go up with VWAP at 239.31.

Now, the main question is whether to BUY or SELL, NSE:NAHARSPING at current valuation.
As per latest Analysis No. #1556:-

STRONG BUY NAHARSPING if All Greens

BUY NAHARSPING (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD NAHARSPING (With Stop Loss) if only 1 Green

SELL NAHARSPING if NO Green Indicator

NSE: NAHARSPING Share Price Today (Nov 23, 2024)

(Nahar Spinning Mills Limited Daily Analysis on the basis of NAHARSPING Intraday Graph & Trend)

Nahar Spinning Mills Limited share price moved Up by 0.46% from its previous close of Rs 237.4. NAHARSPING stock last traded price is 238.50. NAHARSPING share price trend is Up with a total of 21979 stocks traded till now. It has touched an intraday high of Rs 242.45 and an intraday low of Rs 236.05. The NAHARSPING trading at 238.50, Up by Rs. 1.10, or 0.46 percent which suggests that most of the Traders are anticipating that the price of NAHARSPING share should go Up.

NSE: NAHARSPING Share Price Tomorrow Prediction

(Nahar Spinning Mills Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NAHARSPING)

Nahar Spinning Mills Limited share price moved Up by 0.46%. NAHARSPING share price short term trend is Up. It suggests that NAHARSPING Share Price for Tomorrow remains the same with VWAP at 239.31 will be treated as stop loss for intraday traders. Nahar Spinning Mills Limited Long term investors can follow the NAHARSPING long term trend as mentiond in future forecast table.

NSE Code

NSE: NAHARSPING

NAHARSPING Share Price Today

238.50

NAHARSPING Share Price Target Prediction for 2024 ^

235.9 - 323.6

NAHARSPING Share Price Target Prediction for 2025*^

323.6 - 336.5

NAHARSPING Share Price Target Prediction for 2026*^

336.5 - 353.3

NAHARSPING Share Price Target Prediction for 2027*^

371

NAHARSPING Share Price Target Prediction for 2028*^

375

NAHARSPING Share Price Target Prediction for 2030*^

405
NAHARSPING Current Book Value 2023
408.6

*Nahar Spinning Mills Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^NAHARSPING share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

NAHARSPING Technical Analysis

Candlestick Pattern: @246.85

NAHARSPING Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 262.7 SELL 259.19 SELL
MA_12 269.1 SELL 266.91 SELL
MA_20 269.19 SELL 270.34 SELL
MA_32 275.9 SELL 276.88 SELL
MA_50 285.15 SELL 282.86 SELL
MA_100 304.06 SELL 290.05 SELL
MA_200 295.88 SELL 291.81 SELL

NAHARSPING Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 248.94 OverSold
MACD -1.2 SELL
ADX 19.14 NO or Weak Trend
DMI (+/-) 13.42 / 28.74 Downtrend

NAHARSPING Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 33.37 Neutral
STOCHASTIC_K (Fast) 9.77 Oversold
STOCHASTIC_D (Slow) 11.46 Oversold
CCI -161.76 SELL
PSAR 288.84 SELL
TRUE RANGE 11.5 Neutral
ATR 13.05 Neutral
WILLIAMS R -89.2 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 7.65 Oversold
MOMENTUM -35.1 SELL

NAHARSPING Last 1 Year Trend

Duration Value
1 Year -5.93%
3 Months -21.88%
1 Month -12.45%
1 Week -11.7%

NAHARSPING Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 17%
SELL 83%

Most popular Questions & Answers about NAHARSPING


Nahar Spinning Mills Limited stock last traded price is 238.50. NAHARSPING share price moved Up by 0.46% from its previous close of Rs 237.4.

Nahar Spinning Mills Limited share price trend is Up with a total of 21979 stocks traded till now. It has touched an intraday high of Rs 388.345 and an intraday low of Rs 236.05. The NAHARSPING trading at 238.50, Up by Rs. 1.10, or 0.46 percent which suggests that most of the Traders are anticipating that the price of NAHARSPING share should go Up and the Stop Loss will be around 239.31.

The market cap of Nahar Spinning Mills Limited is ₹2200.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Nahar Spinning Mills Limited as of Nov 22, 2024 is 35.14.

The current price to book ratio for Nahar Spinning Mills Limited as of Nov 22, 2024 is 0.58.

The highest price of Nahar Spinning Mills Limited stock is ₹384.5 in the last 52-week.

The lowest price of Nahar Spinning Mills Limited stock is ₹225 in the last 52-week.

Nahar Spinning Mills Limited share trading at ₹238.50, Up by Rs. 1.10, or 0.46 percent which suggests that most of the traders are anticipating that the price of NAHARSPING share should go Up.

In 2023, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹235.9 on downside and ₹323.6 on upside. Nahar Spinning Mills Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹323.6 on downside and ₹336.5 on upside. Nahar Spinning Mills Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹336.5 on downside and ₹353.3 on upside. Nahar Spinning Mills Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) will be around ₹375 Nahar Spinning Mills Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NAHARSPING.

The price of Nahar Spinning Mills Limited (NAHARSPING) shares moved by 0.46%. The short-term trend for NAHARSPING share price is Up. It implies that the share price of NAHARSPING will stay the same tomorrow and that intraday traders should treat VWAP at 239.31 as a stop loss. Investors with a long-term outlook can track NAHARSPING long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of NAHARSPING stock is Unavailable at this moment. Compared to the current market price of 238.50 INR, the NAHARSPING stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Nahar Spinning Mills Limited (NAHARSPING), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Nahar Spinning Mills Limited book value per share as of today is 410.69. The current price to book ratio for NAHARSPING as of Nov 23, 2024 is 0.58.


NSE:NAHARSPING News & Other Useful Information about NAHARSPING Share Price


Peer Comparison of NSE: NAHARSPING

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Hosiery & Knitwear

Company Price EPS BV
RUPA 242.10 9.21 119.78
NAHARSPING 238.50 0 410.69
TTL 159.92 5.23 20.38
PIONEEREMB 45.47 1.19 51.13
BHANDARI 6.44 0.27 6.15
Updated at: 22 Nov 2024 15:48

Feel free to contact us, in case of any queries.

SITEMAP 3338
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today


ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |