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Nahar Spinning Mills Ltd share price logo

Nahar Spinning Mills Ltd

(NAHARSPING)

₹269.252.66%

as on 04:01PM, 11 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Nahar Spinning Mills Ltd Performance

  • Day's Low

    Day's High

    ₹268.1
    ₹280.75
  • 52 Week's Low

    52 Week's High

    ₹225
    ₹384.5
1 Month Return-2.3 %
3 Month Return-14.51 %
1 Year Return+ 5.41 %
Previous Close₹276.60
Open₹276.60
Volume24.99K
Upper Circuit-
Lower Circuit-
Market Cap₹997.57Cr

Nahar Spinning Mills Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹997.57 Cr
P/B Ratio0.65
EPS0
Dividend Yield0
SectorTextiles
ROE-2.41

Nahar Spinning Mills Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹997.57 Cr89.54%0.72NANA
NA₹23.18 Cr40%0.50NANA
NA₹40.66 Cr22.76%1.22NANA
NA₹144.93 Cr18.41%0.73₹3 Cr₹336 Cr
NA₹13.75 Cr17.2%0.86-₹13 Cr₹9 Cr

Nahar Spinning Mills Ltd Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Manufacturing Fund Direct Growth logoQuant Manufacturing Fund Direct Growth0.54%

About Nahar Spinning Mills Ltd

Nahar Spinning Mills Limited is a Public Limited Company that manufactures cotton yarn/blended and synthetic yarn and hosiery knitwears, with all its units based in Ludhiana, India. It also has its own dyeing unit at Ludhiana. In 1995, it set up an Acrylic Fibre Project of 18000 tons capacity, but due to a falls in share prices, this project was shelved. In 1999, the Company set up a 100 export oriented spinning unit at Jalalpur, and in 2000, it commissioned its MercerisingcumDyeing Plant at Lalru. It then replaced its old machinery with the Ultra Modern Machinery at a cost of Rs.15 crores. In 2006, spinning project of 24000 spindles and 720 rotors was established at Lalru, and the Composite Scheme of Demerger and Arrangement between the Company and two other entities- Nahar Exports Limited and Nahar Capital and Financial Services Limited-stands approved by the Punjab-Haryana High Court, thus separating the Investment Activities from the Textile Business of Nahar Exports Limited.

Share Price: ₹269.25 per share as on 11 Nov, 2024 04:01 PM
Market Capitalisation: ₹997.57Cr as of today
Listing date: 21 Nov, 1994
Chairperson Name: Jawahar Lal Oswal
OrganisationNahar Spinning Mills Ltd
HeadquartersLudhiana
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Nahar Spinning Mills Ltd

  • Nahar Spinning Mills Reports Strong Q1 Results - 14 Aug, 2024

    Nahar Spinning Mills reported a profit of ₹6.64 crore for Q1 FY2024, a significant turnaround from a loss last year. Revenue increased by 9.61% YoY, with strong operating income growth. Despite rising expenses, the company's performance indicates a positive trajectory. The stock has shown mixed returns recently, with a market cap of ₹1139.66 crore.

Insights on Nahar Spinning Mills Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.11% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 67.07% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, K P R Mill Ltd has given 20.8% return, outperforming this stock by 15.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 316.8% return, outperforming this stock by 366.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, NAHARSPING stock has moved down by -49.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 32.23% to 32.08% in Sep 2024 quarter

Nahar Spinning Mills Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹2,203.76Cr (-)₹2,951.38Cr (↑33.92%)₹2,515.89Cr (↓14.76%)₹2,903.61Cr (↑15.41%)
Total Liabilities₹1,305.85Cr (-)₹1,350.82Cr (↑3.44%)₹962.00Cr (↓28.78%)₹1,422.44Cr (↑47.86%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹61.17Cr (-)-₹85.31Cr (↓239.46%)₹261.29Cr (↓406.28%)₹608.85Cr (↑133.02%)-₹394.74Cr (↓164.83%)

Index Inclusions

BSE Small-Cap

₹54,286.41

-1.14 (-627.44%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nahar Spinning Mills Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
67.07%
0.00
Foreign Institutions
0.11%
0.37
Mutual Funds
0.58%
0.00
Retail Investors
32.08%
-0.45
Others
0.15%
2138.24

Nahar Spinning Mills Ltd Key Indicators

Details20202021202220232024
Return On Equity %-6.264.8240.27.02-2.41

Nahar Spinning Mills Ltd Earnings and Dividends

  • Nahar Spinning Mills Ltd Earnings Results

    Nahar Spinning Mills Ltd’s net profit jumped 137.92% since last year same period to ₹6.64Cr in the Q1 2024-2025. On a quarterly growth basis, Nahar Spinning Mills Ltd has generated 1894.59% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Nahar Spinning Mills Ltd Dividends May,2024

    In the quarter ending March 2024, Nahar Spinning Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 0.93%.

    Read More about Dividends

Nahar Spinning Mills Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Nahar Spinning Mills Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Nahar Spinning Mills Ltd

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Nahar Spinning Mills Ltd (NAHARSPING) share price today is ₹269.25

Nahar Spinning Mills Ltd is listed on NSE

Nahar Spinning Mills Ltd is listed on BSE

  • Today’s highest price of Nahar Spinning Mills Ltd is ₹280.75.
  • Today’s lowest price of Nahar Spinning Mills Ltd is ₹268.1.

Today’s traded volume of Nahar Spinning Mills Ltd(NAHARSPING) is 24.99K.

Today’s market capitalisation of Nahar Spinning Mills Ltd(NAHARSPING) is ₹997.57Cr.

Nahar Spinning Mills Ltd(NAHARSPINGPrice
52 Week High
₹384.5
52 Week Low
₹225

Nahar Spinning Mills Ltd(NAHARSPING) share price is ₹269.25. It is down -29.97% from its 52 Week High price of ₹384.5

Nahar Spinning Mills Ltd(NAHARSPING) share price is ₹269.25. It is up 19.67% from its 52 Week Low price of ₹225

Nahar Spinning Mills Ltd(NAHARSPINGReturns
1 Day Returns
-7.35%
1 Month Returns
-2.3%
3 Month Returns
-14.51%
1 Year Returns
5.41%