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Nitin Spinners Share Price Target 2024, 2025, 2026 to 2039 With Charts
Nitin Spinners Limited | |||
 | Symbol: NITINSPIN | ||
| Price: ₹361.29 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Nitin Spinners Brief Company Overview
- 1.1: Nitin Spinners Limited: A Textile Powerhouse
- 1.2: Nitin Spinners Financial Performance
- 1.2.1: Is Nitin Spinners A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Nitin Spinners Share Price Target For 2024
- 2.1.1: Nitin Spinners Share Price Target Table For 2024
- 2.1.2: Summary: Nitin Spinners Share Price Prediction For 2024
- 2.2: Nitin Spinners Share Price Target For 2025
- 2.2.1: Nitin Spinners Share Price Target Table For 2025
- 2.2.2: Summary: Nitin Spinners Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Nitin Spinners Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Nitin Spinners Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Nitin Spinners Past Performance
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 | 2,228.84 Crore | Market valuation of Nitin Spinners's shares. |
| Revenue (TTM) | 3,091.5 Crore | Total revenue generated by Nitin Spinners over the past twelve months. |
| Net Income (TTM) | +144.73 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 10.22% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 4.68% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +30.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +45.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 116.81 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,339.1 Crore | Sum of Nitin Spinners's current & long-term financial obligations. |
| Total Cash | 40.54 Lakh | 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?
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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
| Nitin Spinners's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 372.62 (+3.13%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 368.65 (+2.03%) | Price Action: Jan 2024 High |
| 2024 Target 1 | 364.00 (+0.75%) | Price Action: Jun 2024 High |
| Current Price | 361.29 | Nitin Spinners's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 360.02 (-0.36%) | Price Action: Chart |
| Stop Loss 2 | 352.58 (-2.42%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 346.72 (-4.04%) | Fibonacci Retracement Extended 61.8% |
Summary: Nitin Spinners Share Price Prediction For 2024
In summary, Nitin Spinners has surged by ₹38.04, achieving a notable +11.77% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Nitin Spinners for 2024 predicts an additional rise of 0.75% to 3.13% by the end of 2024 with three potential targets T1: 364.00, T2: 368.65, T3: 372.62. Stop Loss at SL1: 360.02, SL2: 352.58, SL3: 346.72.
Nitin Spinners has a 52-week high of ₹474.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹293.00, 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 Nitin Spinners.
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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
| Nitin Spinners's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 483.14 (+33.72%) | Price Action: Chart |
| 2025 Target 2 | 474.13 (+31.23%) | Fibonacci Extension Level 123.6% |
| 2025 Target 1 | 465.35 (+28.8%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 361.29 | Nitin Spinners's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 335.00 (-7.28%) | Price Action: Aug 2023 High |
| Stop Loss 2 | 329.50 (-8.8%) | Price Action: May 2024 High |
| Stop Loss 3 | 323.90 (-10.35%) | Price Action: Jan 2022 High |
Summary: Nitin Spinners Share Price Prediction For 2025
In summary, Nitin Spinners has surged by ₹38.04, achieving a notable +11.77% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Nitin Spinners for 2025 predicts an additional rise of 28.8% to 33.72% by the end of 2025 with three potential targets T1: 465.35, T2: 474.13, T3: 483.14. Stop Loss at SL1: 335.00, SL2: 329.50, SL3: 323.90.
Nitin Spinners has a All-Time high of ₹474.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹293.00, 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 Nitin Spinners, we have created a specific page for that check here: Nitin Spinners Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Nitin Spinners Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Nitin Spinners share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 9.69% over the next 15 years.
For complete year by year Nitin Spinners long term share price target from 2024, 2025 to 2039 check the below table.
Nitin Spinners Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Nitin Spinners Target | YoY Change % |
|---|---|---|
| 2024 | ₹361.29 | [Current Price] |
| 2024 | ₹387.04 | 7.12% |
| 2025 | ₹498.01 | 28.67% |
| 2026 | ₹607.78 | 22.04% |
| 2027 | ₹656.8 | 8.06% |
| 2028 | ₹683.12 | 4% |
| 2029 | ₹731.27 | 7.04% |
| 2030 | ₹874.04 | 19.52% |
| 2031 | ₹1,006.49 | 15.15% |
| 2032 | ₹1,037.69 | 3.09% |
| 2033 | ₹1,038.09 | 0.03% |
| 2034 | ₹1,075.5 | 3.6% |
| 2035 | ₹1,250.08 | 16.23% |
| 2036 | ₹1,405.2 | 12.4% |
| 2037 | ₹1,418.58 | 0.95% |
| 2038 | ₹1,393.09 | -1.8% |
| 2039 | ₹1,412.89 | 1.42% |
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Nitin Spinners Past Performance
- In 2006, Nitin Spinners opening price was ₹22
- As of Thu 21 Nov 2024 the price stands at ₹361.29.
- This represents a Compound Annual Growth Rate (CAGR) of 15.87%.
- In 18 years, an investment of 10,000 would have become ₹1.64 Lakh.
As we wrap up, we hope you like our study on Nitin Spinners 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.
- Nitin Spinners Share Price History
- Nitin Spinners Price Target Tomorrow
- Nitin Spinners Dividend History
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.
