Nandan Denim Ltd

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

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
121.89% Gain from 52W Low
48.7
TTM PE Ratio
Above industry Median
28.3
Price to Book Ratio
Above industry Median
1.1
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.5
RSI
RSI is mid-range
56.7
MFI
MFI is mid-range
67.1

Nandan Denim Ltd shareholding Pattern

Promoter
64.9%
Foreign Institutions
0.5%
Public
34.6%
Promoter
64.9%
Foreign Institutions
0.4%
Public
34.8%
Promoter
64.9%
Foreign Institutions
0.4%
Public
34.8%
Promoter
64.9%
Foreign Institutions
0.6%
Public
34.6%
Promoter
64.9%
Foreign Institutions
0.8%
Public
34.3%
Promoter
64.7%
Foreign Institutions
0.5%
Public
34.8%

Nandan Denim Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
41.90
10Day EMA
41.50
12Day EMA
41.20
20Day EMA
40.00
26Day EMA
39.30
50Day EMA
37.00
100Day EMA
33.80
200Day EMA
30.30
5Day SMA
42.10
10Day SMA
42.90
20Day SMA
39.20
30Day SMA
37.40
50Day SMA
37.00
100Day SMA
33.10
150Day SMA
30.20
200Day SMA
27.80
Delivery & Volume
Resistance & Support
41.52
Pivot
Resistance
First Resistance
42.13
Second Resistance
43.22
Third Resistance
43.83
Support
First Support
40.43
Second support
39.82
Third Support
38.73
Relative Strength Index
56.74
Money Flow Index
67.09
MACD
1.97
MACD Signal
1.92
Average True Range
2.62
Average Directional Index
38.65
Rate of Change (21)
21.09
Rate of Change (125)
87.87
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Donear Industries Ltd.
542.36
85.85
121.9
Nahar Industrial Enterprises Ltd.
562.1
104.5
161.9
Ruby Mills Ltd.
673.15
177
271.6
R&B Denims Ltd.
-
-
-
IRIS Clothings Ltd.
645.63
67.05
110.9
Axita Cotton Ltd.
609.15
18.56
62.25

Nandan Denim Ltd 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. Vedprakash D Chiripal and Brijmohan Chiripal founded the Company with the intent of manufacturing, trading, and exporting textiles.The Company has an integrated denim manufacturing process from spinning to delivering finished fabric. Initially, the Companyoperated 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.
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Nandan Denim Ltd FAQs

Nandan Denim Ltd shares are currently priced at 41.05 on NSE and 41.27 on BSE as of 4/25/2024 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 Nandan Denim Ltd [NDL] share was 89.17. The Nandan Denim Ltd [NDL] share hit a 1-year low of Rs. 18.5 and a 1-year high of Rs. 48.6.

The market cap of Nandan Denim Ltd is Rs. 591.72 Cr. as of 4/25/2024 12:00:00 AM.

The PE ratios of Nandan Denim Ltd is 28.46 as of 4/25/2024 12:00:00 AM.

The PB ratios of Nandan Denim Ltd is 1.08 as of 4/25/2024 12:00:00 AM

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