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Nahar Spinning Mills Share Price Target 2024, 2025, 2026 to 2039 With Charts

Nahar Spinning Mills Ltd

Company LogoSymbol: NAHARSPING
Price: ₹237.39
Exchange: NSE
Consumer Cyclical -> Textile Manufacturing
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Nahar Spinning Mills Brief Company Overview

Nahar Spinning Mills Limited: A Leading Provider of Textile Products

Established in 1980, Nahar Spinning Mills Limited is an Indian company that has made its mark in the textile industry.

Key Products and Services:

  • Manufactures and sells a diverse range of yarns
  • Offers hosiery knitwear products, including woolen and cotton T-shirts
  • Exports to various countries worldwide

Reputation and Commitment:

Nahar Spinning Mills Limited has earned a reputation for providing high-quality textile products. The company is committed to sustainability and uses eco-friendly practices in its operations.


Nahar Spinning Mills Financial Performance

MetricValueDescription
Market Capital1,011.45 CroreMarket valuation of Nahar Spinning Mills's shares.
Revenue (TTM)3,136.42 CroreTotal revenue generated by Nahar Spinning Mills over the past twelve months.
Net Income (TTM)-26.93 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin3.6%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin-0.86%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+9.9%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
77.7Company's total debt divided by total shareholder equity.
Total Debt1,151.01 CroreSum of Nahar Spinning Mills's current & long-term financial obligations.
Total Cash1.54 CroreTotal amount of liquid funds available to Nahar Spinning Mills.
Beta0.85Beta is less than 1 indicating that the Nahar Spinning Mills's price is less volatile than the market.

Is Nahar Spinning Mills A Good Buy For Long Term?

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To predict the Nahar Spinning Mills's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Nahar Spinning Mills Share Price Target For 2024

Nahar Spinning Mills Targets For 2024 Chart

The line chart displays the monthly closing prices of Nahar Spinning Mills with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Nahar Spinning Mills shares in 2024, see the table below.

Nahar Spinning Mills Share Price Target Table For 2024

Nahar Spinning Mills's LevelsValueReason/Importance
2024 Target 3244.23 (+2.88%)Fibonacci Extension Level 123.6%
2024 Target 2241.61 (+1.77%)Custom Fibonacci Extension Lvl 64.9%
2024 Target 1238.92 (+0.64%)Custom Fibonacci Extension Lvl 23.6%
Current Price237.39Nahar Spinning Mills's 1 share price as of Thu 21 Nov 2024
Stop Loss 1236.60 (-0.34%)Price Action: Apr 2005 High
Stop Loss 2233.60 (-1.6%)Fibonacci Retracement Extended 40%
Stop Loss 3230.83 (-2.77%)Fibonacci Retracement Extended 82.6%

Summary: Nahar Spinning Mills Share Price Prediction For 2024

In summary, Nahar Spinning Mills has declined by ₹-46.21, recording a notable -16.29% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Nahar Spinning Mills for 2024 predicts an additional rise of 0.64% to 2.88% by the end of 2024 with three potential targets T1: 238.92, T2: 241.61, T3: 244.23. Stop Loss at SL1: 236.60, SL2: 233.60, SL3: 230.83.

Nahar Spinning Mills has a 52-week high of ₹384.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹225.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Nahar Spinning Mills.

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Nahar Spinning Mills Share Price Target For 2025

Nahar Spinning Mills Targets For 2025 Chart

The line chart displays the monthly closing prices of Nahar Spinning Mills with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Nahar Spinning Mills shares in 2025, see the table below.

Nahar Spinning Mills Share Price Target Table For 2025

Nahar Spinning Mills's LevelsValueReason/Importance
2025 Target 3343.38 (+44.64%)Price Action: Chart
2025 Target 2336.98 (+41.95%)Price Action: Chart
2025 Target 1333.64 (+40.54%)Custom Fibonacci Extension Lvl 64.9%
Current Price237.39Nahar Spinning Mills's 1 share price as of Thu 21 Nov 2024
Stop Loss 1215.35 (-9.29%)Price Action: Mar 2023 Low
Stop Loss 2212.50 (-10.49%)Price Action: Dec 2004 Low
Stop Loss 3210.00 (-11.54%)Price Action: Nov 2006 Low

Summary: Nahar Spinning Mills Share Price Prediction For 2025

In summary, Nahar Spinning Mills has declined by ₹-46.21, recording a notable -16.29% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Nahar Spinning Mills for 2025 predicts an additional rise of 40.54% to 44.64% by the end of 2025 with three potential targets T1: 333.64, T2: 336.98, T3: 343.38. Stop Loss at SL1: 215.35, SL2: 212.50, SL3: 210.00.

Nahar Spinning Mills has a All-Time high of ₹690.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹225.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Nahar Spinning Mills, we have created a specific page for that check here: Nahar Spinning Mills Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Nahar Spinning Mills Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Nahar Spinning Mills Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Nahar Spinning Mills share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -2.7% over the next 15 years.

For complete year by year Nahar Spinning Mills long term share price target from 2024, 2025 to 2039 check the below table.

Nahar Spinning Mills Share Price Target Table From 2024, 2025, 2026 to 2039

YearNahar Spinning Mills TargetYoY Change %
2024₹237.39[Current Price]
2024₹287.6121.15%
2025₹276.72-3.79%
2026₹306.510.76%
2027₹299.83-2.18%
2028₹310.953.7%
2029₹261.11-16.03%
2030₹250.74-3.98%
2031₹277.1710.54%
2032₹270.58-2.38%
2033₹280.023.48%
2034₹234.6-16.23%
2035₹224.76-4.2%
2036₹247.8410.26%
2037₹241.34-2.63%
2038₹249.083.2%
2039₹196.02-21.31%

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Nahar Spinning Mills Past Performance

NAHARSPING main
Nahar Spinning Mills has been listed on NSE for more than 31 years.
  • In 1993, Nahar Spinning Mills opening price was ₹315.87
  • As of Thu 21 Nov 2024 the price stands at ₹237.39.
  • This represents a Compound Annual Growth Rate (CAGR) of -0.89%.
  • In 31 years, an investment of 10,000 would have become ₹7,515.43.

As we wrap up, we hope you like our study on Nahar Spinning Mills share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Nahar Spinning Mills Ltd, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter