Name: Latest research reports of Nandan Denim Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Nandan Denim Ltd.
Rating: 1
Author: Karvy

Nandan Denim Ltd.

NSE: NDL | BSE: 532641 | ISIN: INE875G01048 | Industry: Textiles
| Strong Performer, Under Radar

4.0200 0.02 (0.50%)

NSE Jun 06, 2025 09:57 AM

45.31% Fall from 52W High

Volume: 546.1K

Nandan Denim Ltd.

13 Nov 2018

4.02

0.50%

Nandan Denim Ltd: Demand Outlook Looks Bleak for FY19E

Sell: Nandan Denim Ltd.

Target

Karvy

Demand Outlook Looks Bleak for FY19E: Overcapacity continues to lower margins. Realizations were down ~ 10% in H1FY19on YoY basis as domestic supply demand mismatch continues to impact sales.

Nandan Denim Ltd. is trading below its 150 day SMA of 4.4