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Nandan Denim Ltd (NDL)

₹49.461.56%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹48.26
    ₹51.39
  • 52 Week's Low

    52 Week's High

    ₹18.5
    ₹57.54
1 Month Return-1.74 %
3 Month Return+ 14.72 %
1 Year Return+ 158.36 %
Previous Close₹48.70
Open₹48.35
Volume21.99L
Upper Circuit-
Lower Circuit-
Market Cap₹702.00Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹702.00 Cr
P/B Ratio0.42
EPS0

Company Information

Nandan Exim Ltd is an India-based company engaged in the textile industry, specialising in manufacturing grey cotton fabrics, khaki and denim. Established in 1994 as a private limited company, it was converted into a public limited company in 2004 and has since then diversified through production and weaving of fabrics as well as ready-made garments. In 2005, Nandan Exim Ltd forayed into denim manufacturing with an installed capacity of 10 million meters per annum, and within four years increased this capacity to 40 million meters per annum with the commission of a fourth Denim Line. Their range of fabrics include denim, twills, stretch bull denim, broken twills, cotton grey fabric and blended fabrics. The company also manufactures cotton yarn and has a spinning project with a capacity of 14.4 million kgs. Through strategic expansion, Nandan Exim Ltd has become a leader in the Indian textile industry.

Share Price: ₹49.46 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹702.00Cr as of today
Listing date: 29 Dec, 2005
Chairperson Name: Jyotiprasad Chiripal
OrganisationNandan Denim Ltd
HeadquartersAhmedabad
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Nandan Denim Ltd

  • Auditor Resignation and Promoter Group Sell-Off Affect Nandan Denim Stock - 24 Jun, 2024

    Nandan Denim faces challenges as its statutory auditor resigns due to inadequate payment and the promoter group entity Chiriipal Exim sells 25 lakh shares. Additionally, the company's stock price drops by around six percent after a year-long climb of 138 percent.

  • Nandan Denim Shares Surge on Stock Split Approval - 18 Jun, 2024

    Nandan Denim Ltd.'s board has approved a 1:10 stock split to improve equity share liquidity and affordability for small investors. The company reported a steeply higher Q4FY24 profit and saw its shares surge up to 20% to a 52-week high of Rs 52.82/share.

  • Nandan Denim Approves Stock Split - 17 Jun, 2024

    The board of Nandan Denim Ltd. has approved a 1:10 stock split to increase outstanding shares, improve trading liquidity, and make shares more affordable for small retail investors.

  • Nandan Denim Shares Surge Ahead of Stock Split Announcement - 06 Jun, 2024

    Nandan Denim's board is set to consider and approve a stock split proposal, with a meeting scheduled for June 17. The company has seen significant growth in revenue and net profit YoY, and the stock has delivered multibagger returns over various time periods.

  • Nandan Denim Shares Surge 17% Following Impressive Q4 Performance - 28 May, 2024

    Nandan Denim's net profit climbed by 882.25% to ₹27.11 crore in Q4 FY24, and full-year net profit spiked by 8384.91% to ₹44.97 crore. Sales grew by 26.68% in Q4 FY24 compared to the same period last year. Analysts predict positive momentum for the stock with potential to touch 45-46 levels in the near term. Nandan Denim has outperformed BSE 500 in the last 3 years, 1 year, and 3 months.

  • Nandan Denim Q4 Net Profit Rises 882.25% - 27 May, 2024

    Nandan Denim reported a net profit of Rs 27.11 crore in Q4 FY24, up by 882.25% YoY, while sales rose 26.68% to Rs 579.12 crore. For the full year, net profit surged 8384.91% to Rs 44.97 crore, and sales declined 0.82% to Rs 2010.09 crore.

Insights on Nandan Denim Ltd

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.64% to 40.85% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, NDL stock has moved up by 83.4%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.48% to 0.60% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 369.9% return, outperforming this stock by 250.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 193.7% return, outperforming this stock by 35.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 64.87% to 58.47% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,267.41Cr
↓12.16%
Total Liabilities
₹727.05Cr
↓19.58%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹140.96Cr
↑39.01%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
58.47%
-9.87
Foreign Institutions
0.6%
24.87
Mutual Funds
0%
0.00
Retail Investors
40.85%
17.94
Others
0.08%
614.78

Key Indicators

Earnings and Dividends

  • Nandan Denim Ltd Earnings Results

    Nandan Denim Ltd’s net profit jumped 882.25% since last year same period to ₹27.11Cr in the Q4 2023-2024. On a quarterly growth basis, Nandan Denim Ltd has generated 240.58% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Nandan Denim Ltd Dividends May,2019

    In the quarter ending March 2019, Nandan Denim Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.03%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Nandan Denim Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Nandan Denim Ltd (NDL) share price today is ₹49.46

Nandan Denim Ltd is listed on NSE

Nandan Denim Ltd is listed on BSE

  • Today’s highest price of Nandan Denim Ltd is ₹51.39.
  • Today’s lowest price of Nandan Denim Ltd is ₹48.26.

Today’s traded volume of Nandan Denim Ltd(NDL) is 21.99L.

Today’s market capitalisation of Nandan Denim Ltd(NDL) is ₹702Cr.

Nandan Denim Ltd(NDLPrice
52 Week High
₹57.54
52 Week Low
₹18.5

Nandan Denim Ltd(NDL) share price is ₹49.46. It is down -14.04% from its 52 Week High price of ₹57.54

Nandan Denim Ltd(NDL) share price is ₹49.46. It is up 167.35% from its 52 Week Low price of ₹18.5

Nandan Denim Ltd(NDLReturns
1 Day Returns
0.76%
1 Month Returns
-1.74%
3 Month Returns
14.72%
1 Year Returns
158.36%