Is Nitin Spinners Ltd. a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Nitin Spinners Ltd. and arrived at the following conclusion.

Is the current market price of Nitin Spinners Ltd. a good price to buy it?

The 5-year analysis of Nitin Spinners Ltd.'s performance infers.

What is Nitin Spinners Ltd. share price return in the past 10 years?

We analysed the performance of Nitin Spinners Ltd. share prices over the last 10 years. Here is what we found out:

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Nitin Spinners Ltd.

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

What is CAGR? What does CAGR table indicate for Nitin Spinners Ltd.?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Nitin Spinners informs about resignation of director

Nitin Spinners Ltd. | Textile - Spinning | Textiles & Apparels | BSE: 532698 | NSE: NITINSPIN

24 Oct 2015

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Nitin Spinners has informed that Bhagwan Ram, Independent Director of the Company has resigned from the Directorship of the Company. Hence, Bhagwan Ram ceased to be Director of the Company with effect from October 24, 2015. The Company has requisite number of Independent Directors and therefore does not intent to fill the vacancy caused by the resignation of Bhagwan Ram.

The above information is a part of company’s filings submitted to BSE.

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