Nitin Spinners (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Nitin Spinners Limited |
|||
|
Price: ₹468.40 | ||
| 52 Week Low: ₹293.00 52 Week High: ₹494.35 |
|||
| Market Capital: 2,257.77 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Nitin Spinners Share Price Target For 2024
- 1.1.1: Nitin Spinners Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Nitin Spinners Share Price Target For 2025
- 1.2.1: Nitin Spinners Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Nitin Spinners Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Nitin Spinners Brief Company Overview
- 4: Nitin Spinners Financial Performance
- 4.0.1: Is Nitin Spinners A Good Buy For Long Term?
To predict the Nitin Spinners'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
Nitin Spinners Share Price Target For 2024
The line chart displays the monthly closing prices of Nitin Spinners 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 Nitin Spinners shares in 2024, see the table below.
Nitin Spinners Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 499.43 (+6.62%) | Price Action: Chart |
| 2024 Target 2 | 490.12 (+4.63%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 484.5 (+3.43%) | Price Action: 20 Dec 2024 High |
| Current Price | 468.40 | Nitin Spinners's share price as of 23 Dec 2024 |
| Stop Loss 1 | 461.65 (-1.45%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 2 | 456.1 (-2.63%) | Price Action: 04 Dec 2024 High |
| Stop Loss 3 | 448.33 (-4.29%) | Fibonacci Retracement Level 50.00% |
Short-Term Technical Outlook
Current Technical Position: Nitin Spinners is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹435.81 serves as the nearest technical reference point.
Historical Returns: 3-month: +20.05% | 6-month: +28.99% | 1-year: +42.35%
Nitin Spinners Share Price Target For 2025
The line chart displays the monthly closing prices of Nitin Spinners 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 Nitin Spinners shares in 2025, see the table below.
Nitin Spinners Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 613.3 (+30.93%) | Price Action: Chart |
| 2025 Target 2 | 601.86 (+28.49%) | Price Action: Chart |
| 2025 Target 1 | 595.9 (+27.22%) | Fibonacci Extension Level 150.00% |
| Current Price | 468.40 | Nitin Spinners's share price as of 23 Dec 2024 |
| Stop Loss 1 | 433.2 (-7.52%) | Price Action: Nov 2024 High |
| Stop Loss 2 | 428.5 (-8.52%) | Price Action: 01 Nov 2024 High |
| Stop Loss 3 | 419.2 (-10.51%) | Technical Indicator: MA50 |
Long-Term Technical Outlook
52-Week Range Analysis: Nitin Spinners is currently trading near its 52-week high of ₹494.35, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +42.35% | 3-year: +80.98% | 5-year: +844.46%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Nitin Spinners Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹468.40 | ||
| 2024 | ₹381.04 | -18.65% | ₹386.76 |
| 2025 | ₹480.26 | +26.03% | ₹492.25 |
| 2026 | ₹577.08 | +20.15% | ₹585.74 |
| 2027 | ₹616.13 | +6.76% | ₹625.37 |
| 2028 | ₹634.64 | +3% | ₹661.92 |
| 2029 | ₹674.01 | +6.2% | ₹746.75 |
| 2030 | ₹800.29 | +18.73% | ₹831.58 |
| 2031 | ₹916.42 | +14.51% | ₹930.17 |
| 2032 | ₹940.30 | +2.6% | ₹954.40 |
| 2033 | ₹936.76 | -0.37% | ₹981.15 |
| 2034 | ₹966.98 | +3.22% | ₹998.02 |
| 2035 | ₹1,120.33 | +15.85% | ₹1,137.13 |
| 2036 | ₹1,255.75 | +12.08% | ₹1,274.59 |
| 2037 | ₹1,264.47 | +0.69% | ₹1,283.44 |
| 2038 | ₹1,238.88 | -2.02% | ₹1,340.58 |
| 2039 | ₹1,254.09 | +1.22% | ₹1,425.42 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Nitin Spinners Brief Company Overview
Nitin Spinners Limited: A Textile Powerhouse Established in 1992, Nitin Spinners Limited is an esteemed manufacturer and exporter in India's textile industry. Diverse Product Range: Nitin Spinners offers a comprehensive portfolio of cotton and blended yarns, knitted...
and woven fabrics, catering to various sectors including apparel, furnishing, and medical. Commitment: The company is committed to sustainability and quality, with certifications like BCI/TBC and Supima, ensuring ethical and premium products. Global Reach: Nitin Spinners has a strong international presence, exporting to approximately 50 countries.Nitin Spinners Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,257.77 Crore | Market valuation of Nitin Spinners's shares. |
| Revenue (TTM) | 3,176.62 Crore | Total revenue generated by Nitin Spinners over the past twelve months. |
| Net Income (TTM) | +155.19 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +9.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +4.88% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+11.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+33% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
96.89 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,179.83 Crore | Sum of Nitin Spinners's current & long-term financial obligations. |
| Total Cash | 13.36 Crore | Total amount of liquid funds available to Nitin Spinners. |
| Beta | 0.46 | Beta is less than 1 indicating that the Nitin Spinners's price is less volatile than the market. |
Is Nitin Spinners A Good Buy For Long Term?
No valid response content found
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
