53

Nitin Spinners LtdBOM 532698 Stock Report

Last reporting period 31 Mar, 2024

Updated 11 Nov, 2024

Last price

Market cap $B

0.062

Micro

Exchange

XBOM - Bombay Stock Exchange

532698.BO Stock Analysis

53

Avoid

Based on Eyestock quantitative analysis, 532698.BO`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

33/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-62.1 %

Greatly overvalued

Market cap $B

0.062

Dividend yield

1.20 %

Shares outstanding

56.22 B

Nitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. The company employs 5,229 full-time employees The company went IPO on 2006-01-27. The firm is a manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics. Its range of yarns includes cotton ring spun carded yarns from Ne 12 to Ne 50, cotton ring spun yarns from Ne 12 to Ne 30, cotton compact ring spun combed yarns from Ne 12 to Ne 100, cotton compact ring spun carded yarns from Ne 12 to Ne 30, poly/cotton blended ring spun yarns Ne 10 to 50, and core spun yarns, among others. Its range of knitted fabrics includes single jersey, lycra blended fabrics, pique structures, interlock structures, Rib structures, and 3 T Fleece fabrics. The company offers finished and printed fabrics, such as cotton, cotton spandex fabrics, poly/cotton, poly/cotton spandex fabrics, bleached, dyed, print and yarn-dyed fabrics with various special finishes like Teflon, and wrinkle-free, and various weaves -twills, gabardines, broken twill, ripstop, canvas, Mattie’s, ducks, plain and dobby.

View Section: Eyestock Rating