1Y Annualised Return
▼-38.40%
3Y Annualised Return
▲5.61%
5Y Annualised Return
▲24.17%
10Y Annualised Return
▼-5.54%
Nandan Denim Stock Performance
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Nandan Denim Company background
Founded in: 1994
Managing director: Jyotiprasad Chiripal
Nandan Denim Limited was incorporated on August 9, 1994 as a private limited company with the name Nandan Exim Pvt Ltd. On January 16, 2004, the company got converted into public limited company and the name was changed to Nandan Exim Ltd. Then again, Companys name was changed from Nandan Exim Limited to Nandan Denim Limited during the year 201314. Headquartered in Ahmedabad, Nandan Denim Limited (NDL) is a key textile entity within the familyowned Chiripal Group, an emerging conglomerate of India. Founded in 1994 by Mr. Vedprakash Chiripal and Mr. Brijmohan Chiripal, NDL specializes in manufacturing wide range of textiles, of which Denim forms the core of its business and a primary revenue source. The Companys denim portfolio includes knit denim, basic denim, lightweight shirting, classical twill denim, dobby fabrics, are complemented by a diversified portfolio of shirting fabrics in various designs and textures, premium dyed yarns in multiple blends and counts, grey cotton fabrics, and khakis.Initially, the Company operated in the domestic and international cloth commerce sector, but later expanded into the production of denim fabrics. Over the years, it transitioned from an only denim manufacturer to a manufacturer of superior quality shirting and other fabrics.The Company manufactures and distributes denim fabric, yarn/dyed yarn, cotton fabric, and shirting fabric to consumers in different parts of the globe. NDL produces primarily grey cotton fabrics, khakis, and denims. Moreover, it specialise in manufacturing fabrics with a wide range of weaves, colours, textile combinations, and weights. Their product offerings include denim twills, stretch bull denim, and broken twills, among others. Additionally, they provide grey cotton fabric and blend textiles. The Companys inventory primarily comprises cotton fibres, denim fabrics, and readytowear garments.Presently, the Company is engaged in textile industry for manufacturing gray cotton fabrics, khakhis and denims. They also manufacture fabrics of different weaves, dyes, combination of yarns and weights. The range of fabrics include denim, twills, stretch, bull denim, broken twills. Their principal products include cotton grey fabric/ blended fabrics, cotton yarn, denim fabrics and ready made garments.The company was established for manufacturing, trading and export of textile products and was promoted by Vedprakash D Chiripal and Brijmohan Chiripal.Initially, the company was in the business of trading of fabrics in domestic and international markets. During the year 200304, they commenced implementation of Weaving (Grey) project. During the year 200405, the company forayed into manufacturing and weaving by installing imported air jet looms. They commenced implementation of Denim Project. In July 2005, the company further diversified into manufacturing of Denim Fabrics with an installed capacity of 100 lakh meters per annum.In March 2006, the company increased their production capacity of Denim from 100 lakh meters per annum to 200 lakh meters per annum.During the year 200607, the company commenced implementation of spinning project, expansion of denim project and setting up of captive power plant. They commissioned their Third Line of Denim by increasing existing capacity from 20 lakh meters per annum to 30 lakh meters per annum. Also, they commissioned one unit of Spinning Project.During the year 200708, the company increased the production capacity of Denim and Grey Fabrics from 35600000 meters to 42000000 meters. Also, they increased the installed capacity of Spinning from 7200000 kg to 14400000 kg.During the year 200910, the company fully completed expansion project by commissioning their fourth Denim Lines. Thus, the total capacity increased to 40 lakh meters per annum. Also, they commissioned the spinning plant and 15 MW power project.In 2013, the Company increased installed Denim capacity to 71 MMPA also it increased installed Spinning capacity to 54 TPD. In 2014, the Spinning capacity further was increased to 64 TPD Installed yarn Dyed Shirting capacity to 10 MMPA Installed Yarn Dyeing capacity of 6 TPD.In FY 2024, the total installed capacity of the Company included 140.97 units of spinning (TPD).
Nandan Denim Share Price Today
As of 7 Jan 2026, Nandan Denim share price is ₹2.9. The stock opened at ₹3 and had closed at ₹2.9 the previous day. During today’s trading session, Nandan Denim share price moved between ₹2.91 and ₹2.97, with an average price for the day of ₹2.94. Over the last 52 weeks, the stock has recorded a low of ₹2.84 and a high of ₹5.08. In terms of performance, Nandan Denim share price has declined by 23.2% over the past six months and has declined by 38.4% over the last year.
Nandan Denim SIP Return Calculator
₹5,000
Over the past
Total Investment of ₹0
Monthly SIP of ₹5,000 would have become ₹0 in 5 years with a gain of ₹0 (+0.00%)
Nandan Denim Fundamental
Market Cap (in crs)
420.91
Face Value
1
Turnover (in lacs)
24.14
Key Metrics
Qtr Change %
Near 52W Low of ₹2.84
-11
Dividend yield 1yr %
0
Nandan Denim Technical Analysis
Moving Averages Analysis
2.92
Current Price
Bullish Moving Averages
2
Bearish Moving Averages
14
Day EMA5
2.90
Day EMA10
3.00
Day EMA12
3.00
Day EMA20
3.00
Day EMA26
3.00
Day EMA50
3.10
Day EMA100
3.20
Day EMA200
3.50
Delivery & Volume
Loading chart...
Delivery Volume %
Day
56.20%
Week
60.40%
Month
67.50%
Delivery & Volume
Day Rs | 532247 Rs | 946309 Rs |
Week Rs | 874130 Rs | 1447020 Rs |
Month Rs | 1248074 Rs | 1849863 Rs |
Resistance & Support
2.93
Pivot
Resistance
First Resistance
2.96
Second Resistance
2.99
Third Resistance
3.02
Support
First Support
2.90
Second support
2.87
Third Support
2.84
Relative Strength Index
38.26
Money Flow Index
36.46
MACD
-0.04
MACD Signal
-0.05
Average True Range
0.09
Average Directional Index
13.90
Rate of Change (21)
-4.26
Rate of Change (125)
-22.55
Nandan Denim Peer comparison
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