NSE: NITINSPIN | BSE: 532698 | ISIN: INE229H01012

INDUSTRY : Textiles

Nitin Spinners Ltd.

Mid-range Performer

39.25 1.50 (3.97%)

45.41% Fall from 52W High

Volume: 94,995

NSEJul 09, 2020 15:58

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Nitin Spinners Ltd.    
22 Jun 2020
39.25
3.97%
Nitin Spinners Ltd. has lost -22.96% in the last 6 Months
Nitin Spinners Ltd.    
29 Jan 2018
39.25
3.97%
Choice India
resulting into a total of 63 machines and a production capacity of 9000TPA. Relative Capital Market Strength NSL has a domestic as well as international clientele which include companies such...
Nitin Spinners Ltd. has gained 32.83% in the last 3 Months
Nitin Spinners Ltd.    
14 Aug 2017
39.25
3.97%
East India Securities Ltd
Revenue: Nitin Spinner sales increased 48.4% YoY Rs 2.8 bn. The utilisation levels continue to remain high at 94-95% in yarns and 85% in fabrics. Sales growth would have been much higher if the business sentiments would not have been impacted due to GST. EBITDA: Raw material cost increased at a much higher rate due to increase in the cotton prices on an YoY basis, manufacturing and employee cost increased 42% and 28% YoY. EBITDA stood at Rs 413 mn with an increase of 33.7% on YoY basis. PAT: Depreciation cost increased due to impact of full commissioning of new plant capacity. Tax rate...
Nitin Spinners Ltd. has lost -22.96% in the last 6 Months