Nitin Spinners Limited
Share Price Target & Analysis
NSE:NITINSPIN
VWAP
Open
Close
High
Low
52 Week High
11.00 (3.45%)
NITINSPIN
(TEXTILES)Turnaround Potential
52 Week Low
EPS
PE
PB
Standard
Quality
Steel
Valuation
#Analysis
NSE: NITINSPIN Share Price Financial Analysis & Valuation
Nitin Spinners Limited (NITINSPIN) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Cotton Blended vertical.
It is one of Small Cap company with Market Capitalization of Rs 1681.3 (in Cr). Total number of free float shares are 5.6 (in Lacs).
Nitin Spinners Limited is listed on NSE with Exchange ID - INE229H01012 and trading code is NSE:NITINSPIN with short name Nitin Spinners.
In the past 1 year, Nitin Spinners Limited has declared an equity dividend of Rs 4 per share. At the current share price of NITINSPIN at Rs 330.00, this results in a dividend yield of 1.21 %.
As per the Fundamental Analysis of NSE:NITINSPIN, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NITINSPIN underlying value and future prospects. All of this data is available in NITINSPIN financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:NITINSPIN, it is clearly understood that NITINSPIN is Standard performer in terms of earnings and profit margins with an EPS of 29.92. NSE:NITINSPIN book value per share as of today is 216.59. The current price to book ratio for NITINSPIN as of Apr 02, 2025 is 1.52.
Valuation of the Stock: The current valuation of NITINSPIN stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NITINSPIN whether to BUY this stock at current valuation. The delivery percentage of NITINSPIN is 33.34% is very crucial parameter which shows that 33.34% investors are anticipating that the price of NITINSPIN share should go up with VWAP at 323.67.
Now, the main question is whether to BUY or SELL, NSE:NITINSPIN at current valuation.
As per latest Analysis No. #910:-
⇑ STRONG BUY NITINSPIN if All Greens
⇗ BUY NITINSPIN (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD NITINSPIN (With Stop Loss) if only 1 Green
⇘ SELL NITINSPIN if NO Green Indicator
NSE: NITINSPIN Share Price Today (Apr 02, 2025)
(Nitin Spinners Limited Daily Analysis on the basis of NITINSPIN Intraday Graph & Trend)
Nitin Spinners Limited share price moved Up by 3.45% from its previous close of Rs 319. NITINSPIN stock last traded price is 330.00. NITINSPIN share price trend is Up with a total of 167807 stocks traded till now. It has touched an intraday high of Rs 331 and an intraday low of Rs 317.25. The NITINSPIN trading at 330.00, Up by Rs. 11.00, or 3.45 percent which suggests that most of the Traders are anticipating that the price of NITINSPIN share should go Up.
NSE: NITINSPIN Share Price Tomorrow Prediction
(Nitin Spinners Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NITINSPIN)
Nitin Spinners Limited share price moved Up by 3.45%. NITINSPIN share price short term trend is Up. It suggests that NITINSPIN Share Price for Tomorrow remains the same with VWAP at 323.67 will be treated as stop loss for intraday traders. Nitin Spinners Limited Long term investors can follow the NITINSPIN long term trend as mentiond in future forecast table.
NSE Code |
NSE: NITINSPIN |
NITINSPIN Share Price Today |
330.00 |
NITINSPIN Share Price Target Prediction for 2025 ^ |
304.6 - 416.7 |
NITINSPIN Share Price Target Prediction for 2026*^ |
416.7 - 529.3 |
NITINSPIN Share Price Target Prediction for 2027*^ |
529.3 - 566.4 |
NITINSPIN Share Price Target Prediction for 2028*^ |
595 |
NITINSPIN Share Price Target Prediction for 2029*^ |
612 |
NITINSPIN Share Price Target Prediction for 2030*^ |
667 |
NITINSPIN Current Book Value 2024 |
215.5 |
*Nitin Spinners Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NITINSPIN share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
NITINSPIN Technical Analysis
Candlestick Pattern: @324.3MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 322 | BUY | 326.63 | SELL |
MA_12 | 346.52 | SELL | 343.48 | SELL |
MA_20 | 364.84 | SELL | 355.74 | SELL |
MA_32 | 377.94 | SELL | 372.56 | SELL |
MA_50 | 399.5 | SELL | 383.78 | SELL |
MA_100 | 406.67 | SELL | 394.5 | SELL |
MA_200 | 395.02 | SELL | 388.32 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 364.84 | Downtrend |
MACD | -3.61 | SELL |
ADX | 33.28 | Strong Trend |
DMI (+/-) | 11.14 / 32.63 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 31.15 | Neutral |
STOCHASTIC_K (Fast) | 41.01 | Neutral |
STOCHASTIC_D (Slow) | 36.18 | Neutral |
CCI | -78.47 | Neutral |
PSAR | 375.98 | SELL |
TRUE RANGE | 16.4 | Neutral |
ATR | 17.94 | Neutral |
WILLIAMS R | -87.58 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 94.93 | Overbought |
STOCHASTIC RSI D | 92.27 | Overbought |
MOMENTUM | -45.7 | SELL |
Duration | Value |
---|---|
1 Year | -11.57% |
3 Months | -13.97% |
1 Month | -12.35% |
1 Week | -3.9% |
Action | Overall (%) |
---|---|
BUY | 13% |
NEUTRAL / HOLD | 23% |
SELL | 63% |
Most popular Questions & Answers about NITINSPIN
Nitin Spinners Limited stock last traded price is 330.00. NITINSPIN share price moved Up by 3.45% from its previous close of Rs 319.
Nitin Spinners Limited share price trend is Up with a total of 167807 stocks traded till now. It has touched an intraday high of Rs 499.2935 and an intraday low of Rs 317.25. The NITINSPIN trading at 330.00, Up by Rs. 11.00, or 3.45 percent which suggests that most of the Traders are anticipating that the price of NITINSPIN share should go Up and the Stop Loss will be around 323.67.
The market cap of Nitin Spinners Limited is ₹1681.3 (in Cr) as of Apr 01, 2025.
The current price to earning ratio for Nitin Spinners Limited as of Apr 01, 2025 is 28.44.
The current price to book ratio for Nitin Spinners Limited as of Apr 01, 2025 is 1.52.
The highest price of Nitin Spinners Limited stock is ₹494.35 in the last 52-week.
The lowest price of Nitin Spinners Limited stock is ₹290.5 in the last 52-week.
Nitin Spinners Limited share trading at ₹330.00, Up by Rs. 11.00, or 3.45 percent which suggests that most of the traders are anticipating that the price of NITINSPIN share should go Up.
In 2023, Stock price target for Nitin Spinners Limited (NITINSPIN) are ₹304.6 on downside and ₹416.7 on upside. Nitin Spinners Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Nitin Spinners Limited (NITINSPIN) are ₹416.7 on downside and ₹529.3 on upside. Nitin Spinners Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Nitin Spinners Limited (NITINSPIN) are ₹529.3 on downside and ₹566.4 on upside. Nitin Spinners 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 Nitin Spinners Limited (NITINSPIN) will be around ₹612 Nitin Spinners Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NITINSPIN.
The price of Nitin Spinners Limited (NITINSPIN) shares moved by 3.45%. The short-term trend for NITINSPIN share price is Up. It implies that the share price of NITINSPIN will stay the same tomorrow and that intraday traders should treat VWAP at 323.67 as a stop loss. Investors with a long-term outlook can track NITINSPIN long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of NITINSPIN stock is 358.7. Compared to the current market price of 330.00 INR, the NITINSPIN stock is Undervalued by 8%.
As per the fundamental analysis of Nitin Spinners Limited (NITINSPIN), it is of Standard quality in terms of earnings and profit margins with an EPS of 29.92. Nitin Spinners Limited book value per share as of today is 216.59. The current price to book ratio for NITINSPIN as of Apr 02, 2025 is 1.52.
NSE:NITINSPIN News & Other Useful Information about NITINSPIN Share Price
Peer Comparison of NSE: NITINSPIN
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Textiles - Spinning - Cotton Blended
Company | Price | EPS | BV |
---|---|---|---|
TRIDENT | 25.31 | 0.59 | 8.4 |
VTL | 398.25 | 28.94 | 316.07 |
ICIL | 268.15 | 16.23 | 109.22 |
NITINSPIN | 330.00 | 29.92 | 216.59 |
AMBIKCO | 1308.40 | 115.23 | 1562.44 |
VISHAL | 22.05 | 1.49 | 19.75 |
NAHARPOLY | 200.00 | 8.65 | 209.86 |
DCMNVL | 99.34 | 1.62 | 4.17 |
MARALOVER | 62.69 | 0 | 28.63 |
GINNIFILA | 20.00 | 0 | 22.74 |