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Nahar Spinning Mills BSE:500296 Stock Report

Last Price

₹282.20

Market Cap

₹10.2b

7D

-2.2%

1Y

5.2%

Updated

16 Apr, 2024

Data

Company Financials

Nahar Spinning Mills Limited

BSE:500296 Stock Report

Market Cap: ₹10.2b

500296 Stock Overview

Nahar Spinning Mills Limited manufactures and sells yarns and hosiery knitwear products in India.

500296 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Nahar Spinning Mills Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nahar Spinning Mills
Historical stock prices
Current Share Price₹282.20
52 Week High₹361.95
52 Week Low₹233.00
Beta0.90
1 Month Change2.32%
3 Month Change0.089%
1 Year Change5.20%
3 Year Change192.44%
5 Year Change211.48%
Change since IPO378.31%

Recent News & Updates

Recent updates

Shareholder Returns

500296IN LuxuryIN Market
7D-2.2%-2.8%-1.7%
1Y5.2%30.8%45.0%

Return vs Industry: 500296 underperformed the Indian Luxury industry which returned 30.8% over the past year.

Return vs Market: 500296 underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is 500296's price volatile compared to industry and market?
500296 volatility
500296 Average Weekly Movement8.3%
Luxury Industry Average Movement7.0%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: 500296's share price has been volatile over the past 3 months.

Volatility Over Time: 500296's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19809,868Dinesh Oswalwww.owmnahar.com/spinning/about.php

Nahar Spinning Mills Limited manufactures and sells yarns and hosiery knitwear products in India. It offers raw white combed, raw white carded/open end, dyed, organic cotton, fair trade cotton, better cotton initiative, melange, gassed/mercerized, compact spun, blended, synthetic/man-made fiber, and cleaner yarns, as well as grindle, space-dyed, slub, core spun, high twist, reverse twist, and elitwist yarns. The company also provides woolen/cotton hosiery knitwears and woolen textiles; and T-shirts.

Nahar Spinning Mills Limited Fundamentals Summary

How do Nahar Spinning Mills's earnings and revenue compare to its market cap?
500296 fundamental statistics
Market cap₹10.18b
Earnings (TTM)-₹354.35m
Revenue (TTM)₹29.82b

0.3x

P/S Ratio

-28.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
500296 income statement (TTM)
Revenue₹29.82b
Cost of Revenue₹21.18b
Gross Profit₹8.64b
Other Expenses₹9.00b
Earnings-₹354.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-9.83
Gross Margin28.98%
Net Profit Margin-1.19%
Debt/Equity Ratio46.3%

How did 500296 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

5%

Payout Ratio
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