The scrip is currently trading at Rs. 30.85, up by 1.50 points or 5.11% from its previous closing of Rs. 29.35 on the BSE.
The scrip opened at Rs. 34.90 and has touched a high and low of Rs. 34.90 and Rs. 23.65 respectively. So far 58675 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 31.10 on 18-Nov-2014 and a 52 week low of Rs. 12.20 on 28-Nov-2013.
Last one week high and low of the scrip stood at Rs. 30.60 and Rs. 27.00 respectively. The current market cap of the company is Rs. 139.56 crore.
The promoters holding in the company stood at 63.78 % while Institutions and Non-Institutions held 0.24 % and 35.98 % respectively.
Credit rating agency, CARE has revised rating of Nitin Spinners’ Long-term Bank Facilities from BBB to BBB+ and Short-term Bank Facilities from A3+ to A2+. The rating agency has also revised rating of company’s Long-term/Short-term Bank Facilities from BBB/A3+ to BBB+/A2+.
Nitin Spinners is engaged in the manufacturing of cotton yarn and cotton knitted fabrics used in the hosiery segment.