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Nandan Denim Limited
Share Price Target & Analysis

NSE:NDL

4.91

VWAP

0

Open

5.02

Close

4.91

High

4.91

Low

7.35

52 Week High

4.91 ⇩
-0.11 (-2.19%)

NDL

(TEXTILES)
48.4% Momentum

Turnaround Potential

2.62

52 Week Low

0.36

EPS

28.7

PE

1.21

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: NDL Share Price Financial Analysis & Valuation

Nandan Denim Limited (NDL) is broadly categorized in TEXTILES segment industry which deals in Textiles - Denim vertical. It is one of Micro Cap company with Market Capitalization of Rs 708.2 (in Cr). Total number of free float shares are 4.8 (in Lacs). Nandan Denim Limited is listed on NSE with Exchange ID - INE875G01048 and trading code is NSE:NDL with short name Nandan Denim.

In the past 1 year, Nandan Denim Limited has declared an equity dividend of Rs 0 per share. At the current share price of NDL at Rs 4.91, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:NDL, it is clearly understood that NDL is Standard performer in terms of earnings and profit margins with an EPS of 0.36. NSE:NDL book value per share as of today is 4.06. The current price to book ratio for NDL as of Nov 23, 2024 is 1.21.

Valuation of the Stock: The current valuation of NDL stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NDL whether to BUY this stock at current valuation. The delivery percentage of NDL is 41.23% is very crucial parameter which shows that 41.23% investors are anticipating that the price of NDL share should go up with VWAP at 4.91.

Now, the main question is whether to BUY or SELL, NSE:NDL at current valuation.
As per latest Analysis No. #2500:-

⇑ STRONG BUY NDL if All Greens

⇗ BUY NDL (at Lower Levels) if any 2 Greens

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

⇘ SELL NDL if NO Green Indicator

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

(Nandan Denim Limited Daily Analysis on the basis of NDL Intraday Graph & Trend)

Nandan Denim Limited share price moved Down by -2.19% from its previous close of Rs 5.02. NDL stock last traded price is 4.91. NDL share price trend is Down with a total of 765639 stocks traded till now. It has touched an intraday high of Rs 4.91 and an intraday low of Rs 4.91. The NDL trading at 4.91, Down by Rs. -0.11, or -2.19 percent which suggests that most of the Traders are anticipating that the price of NDL share should go Down.

NSE: NDL Share Price Tomorrow Prediction

(Nandan Denim Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NDL)

Nandan Denim Limited share price moved Down by -2.19%. NDL share price short term trend is Down. It suggests that NDL Share Price for Tomorrow remains the same with VWAP at 4.91 will be treated as stop loss for intraday traders. Nandan Denim Limited Long term investors can follow the NDL long term trend as mentiond in future forecast table.

NSE Code

NSE: NDL

NDL Share Price Today

 4.91

NDL Share Price Target Prediction for 2024 ^

 2.7 - 5.3

NDL Share Price Target Prediction for 2025*^

 5.3 - 5.5

NDL Share Price Target Prediction for 2026*^

 5.5 - 5.8

NDL Share Price Target Prediction for 2027*^

 6

NDL Share Price Target Prediction for 2028*^

 6

NDL Share Price Target Prediction for 2030*^

 7
NDL Current Book Value 2023
4

*Nandan Denim Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NDL 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.

NDL Technical Analysis

Candlestick Pattern: @5.35

NDL Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 5.58 SELL 5.56 SELL
MA_12 5.78 SELL 5.67 SELL
MA_20 5.55 SELL 5.7 SELL
MA_32 5.8 SELL 5.73 SELL
MA_50 6.03 SELL 5.69 SELL
MA_100 5.5 SELL 5.46 SELL
MA_200 4.63 BUY 4.75 BUY

NDL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 5.55 Downtrend
MACD -0.02 SELL
ADX 19.66 NO or Weak Trend
DMI (+/-) 24.99 / 37.17 Downtrend

NDL Momentum Oscillators

BUY (2) NEUTRAL (4) SELL (6)
Momentum Oscillators Value Action
RSI 41.36 Neutral
STOCHASTIC_K (Fast) -2.56 Oversold
STOCHASTIC_D (Slow) -3.92 Oversold
CCI -72.75 Neutral
PSAR 6.34 SELL
TRUE RANGE 0.11 BUY
ATR 0.24 BUY
WILLIAMS R -60.12 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.57 SELL

NDL Last 1 Year Trend

Duration Value
1 Year 122.92%
3 Months 14.32%
1 Month -9.63%
1 Week -9.93%

NDL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 17%
SELL 70%

Most popular Questions & Answers about NDL


Nandan Denim Limited stock last traded price is 4.91. NDL share price moved Down by -2.19% from its previous close of Rs 5.02.

Nandan Denim Limited share price trend is Down with a total of 765639 stocks traded till now. It has touched an intraday high of Rs 7.4235 and an intraday low of Rs 4.91. The NDL trading at 4.91, Down by Rs. -0.11, or -2.19 percent which suggests that most of the Traders are anticipating that the price of NDL share should go Down and the Stop Loss will be around 4.91.

The market cap of Nandan Denim Limited is ₹708.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Nandan Denim Limited as of Nov 22, 2024 is 28.7.

The current price to book ratio for Nandan Denim Limited as of Nov 22, 2024 is 1.21.

The highest price of Nandan Denim Limited stock is ₹7.35 in the last 52-week.

The lowest price of Nandan Denim Limited stock is ₹2.62 in the last 52-week.

Nandan Denim Limited share trading at ₹4.91, Down by Rs. -0.11, or -2.19 percent which suggests that most of the traders are anticipating that the price of NDL share should go Down.

In 2023, Stock price target for Nandan Denim Limited (NDL) are ₹2.7 on downside and ₹5.3 on upside. Nandan Denim Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Nandan Denim Limited (NDL) are ₹5.3 on downside and ₹5.5 on upside. Nandan Denim Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Nandan Denim Limited (NDL) are ₹5.5 on downside and ₹5.8 on upside. Nandan Denim 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 Nandan Denim Limited (NDL) will be around ₹6 Nandan Denim Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NDL.

The price of Nandan Denim Limited (NDL) shares moved by -2.19%. The short-term trend for NDL share price is Down. It implies that the share price of NDL will stay the same tomorrow and that intraday traders should treat VWAP at 4.91 as a stop loss. Investors with a long-term outlook can track NDL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of NDL stock is 4.3. Compared to the current market price of 4.91 INR, the NDL stock is Overvalued by 12.4%.

As per the fundamental analysis of Nandan Denim Limited (NDL), it is of Standard quality in terms of earnings and profit margins with an EPS of 0.36. Nandan Denim Limited book value per share as of today is 4.06. The current price to book ratio for NDL as of Nov 23, 2024 is 1.21.


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


Peer Comparison of NSE: NDL

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

Sector: Textiles - Denim

Company Price EPS BV
ARVIND 363.90 8.13 132.83
NDL 4.91 0.36 4.06
AARVEEDEN 69.73 7.59 7.33
Updated at: 22 Nov 2024 15:15

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