Nahar Spinning Mills Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Jun 04, 2024
0.8
TTM PE Ratio
Negative PE TTM
-19.7
Price to Book Ratio
Below industry Median
0.7
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
60.8
MFI
MFI is mid-range
57.9

Nahar Spinning Mills Ltd shareholding Pattern

Promoter
67%
Foreign Institutions
0.1%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.2%
Promoter
66.7%
Foreign Institutions
0.2%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.5%
Promoter
66.6%
Foreign Institutions
0.2%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.6%
Promoter
66.4%
Foreign Institutions
0.3%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.7%
Promoter
66.4%
Foreign Institutions
0.4%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.6%
Promoter
66.3%
Foreign Institutions
0.4%
Mutual Funds
0.6%
Domestic Institutions
0.6%
Public
32.8%

Nahar Spinning Mills Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
12
Bearish Moving Averages
4
5Day EMA
269.50
10Day EMA
264.50
12Day EMA
263.80
20Day EMA
263.90
26Day EMA
265.20
50Day EMA
271.50
100Day EMA
278.80
200Day EMA
282.10
5Day SMA
268.50
10Day SMA
258.20
20Day SMA
261.00
30Day SMA
264.20
50Day SMA
274.00
100Day SMA
288.70
150Day SMA
288.20
200Day SMA
284.00
Delivery & Volume
Resistance & Support
277.22
Pivot
Resistance
First Resistance
282.83
Second Resistance
286.62
Third Resistance
292.23
Support
First Support
273.43
Second support
267.82
Third Support
264.03
Relative Strength Index
60.77
Money Flow Index
57.93
MACD
-1.38
MACD Signal
-4.80
Average True Range
11.76
Average Directional Index
21.37
Rate of Change (21)
1.92
Rate of Change (125)
-5.18
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Ambika Cotton Mills Ltd.
933.4
1385.65
1885
Indo Rama Synthetics (India) Ltd.
1134.54
36.4
67.1
RSWM Ltd.
883.67
159.05
242.7
Sutlej Textiles & Industries Ltd.
953.15
44.5
73.45
Faze Three Ltd.
-
-
-
Sportking India Ltd.
1037.1
704.55
948.15

Nahar Spinning Mills Ltd Company background

Founded in: 1980
Nahar Spinning Mills Limited incorporated as a Private Limited Company in December, 1980 which became a Public Limited Company in 1983. The Company is engaged in the business of manufacture of cotton yarn/blended and synthetic yarn and hosiery knitwears. The companys units are located at various places in Ludhiana. It has its own dyeing unit, equipped with modern machinery, at Ludhiana. It set up a new spinning unit to manufacture cotton/synthetic yarn at Simrai, Mandideep, Madhya Pradesh.In 1995, it decided to put up an Acrylic Fibre Project of 18000 tons capacity, as a measure of backward integration the total cost of project amounted to Rs 207.43 cr which was financed by Rights issue of Secured Premium Convertible Bonds with warrants. Due to continues fall in share prices resulted into shortfall for funding of the project. The board in Aug97 decided to shleve the project and utilise the balance available money collected for this project in a more profitable venture of spinning and garment industries.During 19992000, the 100% export oriented spinning unit at village Jalalpur, Distt. Patiala, commenced commercial production. The Company has already installed 16128 Spindles and balance 12096 spindles are under erection. The Company is putting up a MercerisingcumDyeing Plant at Village Lalru, Distt. Patiala, Punjab.The 1st phase of the Companys Mercerising cum Dyeing Plant commenced commercial production on 15th September,2000. The second phase of expansion of Mercerising unit was completed and the installed capacity of the unit stands incresed to Approx 4500 Kg per day. During 200203 the company has replaced old machinery with the Ultra Modern Machinery at a cost Rs.15 crores.During the year 2006, spinning project of 24000 spindles and 720 rotors at Village Lalru, Patiala was commissioned. The Honble Punjab Haryana High Court sanctioned the Composite Scheme of Demerger and Arrangement between the Company, Nahar Exports Limited and Nahar Capital and Financial Services Limited, vide its Order dated 21st December, 2006, which was filed on 12th January, 2007 at Jalandhar. Thus as per Scheme, Companys Investment Activities stand demerged and transferred to Nahar Capital and Financial Services Limited and Textile Business of Nahar Exports Limiteds stand demerged and transferred to the company w.e.f. the appointed date i.e. 1st April, 2006.
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Nahar Spinning Mills Ltd FAQs

Nahar Spinning Mills Ltd shares are currently priced at 279.05 on NSE and 277.95 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Nahar Spinning Mills Ltd [NAHARSPING] share was -0.21. The Nahar Spinning Mills Ltd [NAHARSPING] share hit a 1-year low of Rs. 225 and a 1-year high of Rs. 359.6.

The market cap of Nahar Spinning Mills Ltd is Rs. 1006.4 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Nahar Spinning Mills Ltd is 0 as of 6/13/2024 12:00:00 AM.

The PB ratios of Nahar Spinning Mills Ltd is 0.67 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.58% at the end of 6/13/2024 12:00:00 AM.

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