Nitin Spinners Ltd logo

Nitin Spinners Ltd (NITINSPIN)


Get free price alerts. Set up your Free investment account to get Live Prices. >
Q1 '23 Results
News and Events

Overview of Nitin Spinners Ltd

Key events for Nitin Spinners Ltd

  • Dolly Khanna holds 1.36% stake in Nitin Spinners Ltd - 13 Sep, 2023

    Investor Dolly Khanna holds 7,64,793 shares or a 1.36% stake in Nitin Spinners Ltd, which has a high EPS of 22.79 and its shares were trading at ₹295.25 apiece.

  • Nitin Spinners CEO's Compensation 38% Below Industry Average - 12 Sep, 2023

    The compensation of Nitin Spinners Limited's CEO, Dinesh Nolkha, is reportedly 38% below the industry average. The company's Annual General Meeting is scheduled for September 18th to review results and discuss future strategy.

  • Nitin Spinners declares dividend - 11 Sep, 2023

    Nitin Spinners Ltd has announced a dividend of Rs 2.5 per equity share with a face value of Rs 10.

  • ICICI Direct Maintains 'Buy' Rating on Nitin Spinners - 05 Sep, 2023

    Brokerage firm ICICI Direct has maintained a 'buy' rating on Nitin Spinners with a price target of Rs 360, citing capacity enhancement as a driver for long-term growth. The target suggests an upside potential of 13.6% from the current market price.

  • ICICI Direct Recommends BUY Rating for Nitin Spinners Ltd - 30 Aug, 2023

    ICICI Direct's research report recommends a BUY rating on Nitin Spinners (NSL) with a target price of Rs 360 per share. NSL has invested in capacity building, quadrupled its spinning capacities and forward integrated into knitted and finished woven fabrics.

  • Nitin Spinners' ROCE Falls, Revenue Drops and Capital Employed Increases - 23 Aug, 2023

    Nitin Spinners' returns on capital employed (ROCE) have fallen from 14% to 10% in the last five years, while revenue has dropped and capital employed has increased. Investors may be overvaluing the stock despite concerning fundamentals.

  • Nitin Spinners Reports Decrease in Total Income and Net Profit - 05 Aug, 2023

    Nitin Spinners Ltd has reported a decrease in total income and net profit for the period ended June 30, 2023 compared to the previous quarter. EPS also decreased from Rs. 6.85 to Rs. 5.14.

  • Nitin Spinners Shares Drop 13% in Past Week - 26 Jul, 2023

    Despite a positive three-year return of 481%, Nitin Spinners Ltd shares have dropped by 13% in the past week. The company's EPS growth rate and dividends boosting total shareholder return are discussed, with shareholders gaining a total return of 14% during the year which falls short of market returns.

  • Dolly Khanna Increases Stake in Nitin Spinners - 11 Jul, 2023

    Investor Dolly Khanna has increased her stake in Nitin Spinners to 1.36%, with the stock having surged over 30% in the last year.

Analyst Rating

based on 3 analysts


Based on 3 analysts offering long term price targets for Nitin Spinners Ltd. An average target of ₹355.33

Source: S&P Global Market Intelligence

Nitin Spinners Ltd Performance

  • ₹276.95
    downward going graph



    Day's Volatility:3.52%



    downward going graph
  • ₹182
    downward going graph



    52 Weeks Volatility:53.56%



    downward going graph
1 Month Return-2.01 %
3 Month Return6.67 %
1 Year Return33.2 %
Previous Close₹278.25
Market Cap₹1,564.32Cr

Nitin Spinners Ltd Company Information

Nitin Spinners Ltd is an ISO 9001:2008 certified company and a Government of India recognized Export House. Established in 1992 as a private limited company, Nitin specialized in the textiles business, manufacturing 100% cotton yarns and fabrics. The company has set up their first unit at Hamirgarh Bhilwara Rajasthan in 1993 with two openend spinning machines with 192 Rotors each, providing a total capacity of 384 Rotors. Nitin Spinners Ltd gradually expanded their production capacity to 1080 Rotors through addition of one Autoconer Machine of 216 Rotors from Schlafhorst AG Co. Germany and two Autoconer openend spinning machines of 240 Rotors from Schlafhorst AG Co. Germany. Nitin Spinners Ltd also set up 14112 spindles to produce combed and carded cotton yarns of 20s to 40s count and seven knitting machines. They expanded their Rotor Spinning capacity adding 2000 Rotors, and further increased their capacity to 50400 spindles Knitting Machines and F.O. based Power Plant of 7.66 MW. Additionally, the company also commenced commercial production for a coal/ lignite based thermal power project with installed capacity of 10.50 MW. Through these expansions, Nitin Spinners Ltd aims to provide fabrics in greige form for various textiles products like apparel, terry towels, medical textiles, and more.

Share Price: ₹285.65 per share as on 26 Sep, 2023 05:22 PM
Market Capitalisation: ₹1,564.32Cr as of today
Listing date: 02 Feb, 2006
Chairperson Name: R L Nolkha
OrganisationNitin Spinners Ltd
E-voting on sharesClick here to vote

Fundamentals of Nitin Spinners Ltd

Insights on Nitin Spinners Ltd

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


    Best in 3 Years

    In the last 3 years, NITINSPIN has outperformed top 5 stocks with highest market-cap in Textiles & Leather Goods


    MF Holding Up

    Mutual Funds have increased holdings from 6.30% to 8.44% in Jun 2023 quarter


    Price Rise

    In the last 3 years, NITINSPIN stock has moved up by 613.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    Promoters holdings remained unchanged at 56.41% of holdings in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers

    In the last 1 year, Raymond Ltd has given 75.5% return, outperforming this stock by 42.3%


    FII Holding Down

    Foreign Institutions have decreased holdings from 2.40% to 2.21% in Jun 2023 quarter


    Retail Holding Down

    Retail Investor have decreased holdings from 34.89% to 32.91% in Jun 2023 quarter

Mutual Fund Holdings

Funds Holdings
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan1.07%
Bandhan Emerging Businesses Fund Direct GrowthBandhan Emerging Businesses Fund Direct Growth1.41%
Mahindra Manulife Small Cap Fund Direct GrowthMahindra Manulife Small Cap Fund Direct Growth0.91%
Mahindra Manulife Multi Cap Fund Direct Plan GrowthMahindra Manulife Multi Cap Fund Direct Plan Growth0.63%
Mahindra Manulife Equity Savings Fund Direct GrowthMahindra Manulife Equity Savings Fund Direct Growth0.77%

Nitin Spinners Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Technicals of Nitin Spinners Ltd

News & Events of Nitin Spinners Ltd

Frequently Asked Questions

Nitin Spinners Ltd (NITINSPIN) share price today is ₹285.65

  • Today’s highest price of Nitin Spinners Ltd is ₹287.
  • Today’s lowest price of Nitin Spinners Ltd is ₹276.95.

Today’s traded volume of Nitin Spinners Ltd(NITINSPIN) is 1.89L.

Today’s market capitalisation of Nitin Spinners Ltd(NITINSPIN) is ₹1564.32Cr.

Nitin Spinners Ltd(NITINSPINPrice
52 Week High
52 Week Low

Nitin Spinners Ltd(NITINSPIN) share price is ₹285.65. It is down -14.73% from its 52 Week High price of ₹335

Nitin Spinners Ltd(NITINSPIN) share price is ₹285.65. It is up 56.95% from its 52 Week Low price of ₹182

Nitin Spinners Ltd(NITINSPINReturns
1 Day Returns
1 Month Returns
3 Month Returns
1 Year Returns