Nahar Spinning Mills Ltd
Nahar Spinning | 500296
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About Company
- Nahar Spinning Mills Limited incorporated as a Private Limited Company in December, 1980 which became a Public Limited Company in 1983
- The Company is engaged in the business of manufacture of cotton yarn/blended and synthetic yarn and hosiery knitwears
- The Company's units are located at various places in Ludhiana
- It has its own dyeing unit, equipped with modern machinery, at Ludhiana
- It set up a new spinning unit to manufacture cotton/synthetic yarn at Simrai, Mandideep, Madhya Pradesh
- In 1995, it decided to put up an Acrylic Fibre Project of 18000 tons capacity, as a measure of backward integration the total cost of project amounted to Rs 207
- 43 cr which was financed by Rights issue of Secured Premium Convertible Bonds with warrants
- Due to continues fall in share prices resulted into shortfall for funding of the project
- The board in Aug'97 decided to shleve the project and utilise the balance available money collected for this project in a more profitable venture of spinning and garment industries
- During 1999-2000, the 100% export oriented spinning unit at village Jalalpur, Distt
Ethics: Nahar Spinning Mills Ltd is flagged for
Adequate
The company demonstrates adequate ESG practices with room for improvement.
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Nahar Spinning Mills Ltd?
The current share price of Nahar Spinning Mills Ltd (Nahar Spinning) is ₹253.55. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Nahar Spinning Mills Ltd?
Nahar Spinning Mills Ltd has a 52-week high of ₹349.00 and a 52-week low of ₹149.20. This range shows the stock's price volatility over the past year.
What is the ROE of Nahar Spinning Mills Ltd?
Nahar Spinning Mills Ltd has a Return on Equity (ROE) of 1.24%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
