Nitin Spinners Ltd
Nitin Spinners | 532698
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About Company
- Nitin Spinners Limited was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Private Limited
- On November 15, 1994, the company was converted into Public Limited company and the name was changed to Nitin Spinners Limited
- Nitin Spinners is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton and Blended Yarn, Knitted Fabrics and Woven Fabrics
- The company is engaged in manufacturing of Cotton and Blended Yarn, Knitted Fabrics and Woven Fabrics
- The company's range of products are used to manufacture products, such as apparel and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks
- In the year 1993, the company set up their first unit at Hamirgarh, Bhilwara (Rajasthan) for manufacturing coarse cotton yarns
- They installed two open-end spinning machines with 192 Rotors each aggregating 384 Rotors which were acquired from Elitex, Czechoslovakia under EPCG scheme
- In November 1993, they commenced commercial production
- In the year 1994, the company undertook first expansion project involving installation of one Autoconer Machine of 216 Rotors from Schlafhorst AG & Co
- , Germany and increased the number of Rotors to 600
Ethics: Nitin Spinners Ltd is flagged for
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Nitin Spinners Ltd?
The current share price of Nitin Spinners Ltd (Nitin Spinners) is ₹507.30. 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 Nitin Spinners Ltd?
Nitin Spinners Ltd has a 52-week high of ₹544.95 and a 52-week low of ₹302.20. This range shows the stock's price volatility over the past year.
What is the ROE of Nitin Spinners Ltd?
Nitin Spinners Ltd has a Return on Equity (ROE) of 14.28%. 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.
