The 5-year analysis of Nandan Denim Ltd's performance infers:
We analysed the performance of Nandan Denim Ltd share prices over the last 10 years. Here is what we found out:
Nandan Exim was incorporated in the year 1994 but its actual operations commenced only during the year 1999. Since then, the company is making profit and growing steadily. The name of the company was changed to Nandan Exim with effect from January 16, 2004.
Nandan Exim is housed with one of the most sophisticated weaving plants and other facilities to manufacture superior quality gray cotton fabrics, khakis and denims.
The products manufactured by Nandan Exim are primarily intended for
The products manufactured by Nandan Exim are primarily intended for sufficing the needs of the leading customers of the country and exports to the developed markets of the West and South East Asia, Europe & America.
The products manufactured at Nandan Exim are primarily marketed in International as well as domestic market. Within a short span of one year, the company has been able to supply its products to renowned national players as well as exporters. The marketing efforts are concentrated towards having a presence among various customer groups in the international arena like the garment manufacturers, importers, distributors, etc. and readymade garment exporters, renowned brands, distributors & stockists in the national market.
The ultra-modern plant of the company, located at Ahmedabad in Gujarat, employs the latest technology and has the infrastructure and initial installed capacity to produce 7 million meters of 100% cotton & blended gray cotton fabric. The denim project is equipped with an initial production capacity of 10 million meters of denim per year.
Business area of the company
The plant manufactures 100% cotton piece dyed fabric, blended cotton fabric and denim keeping in tune with the fashion and market trends. Also manufactured are fabrics of different weaves, dyes, combination of yarns, weights etc. These fabrics find applications in various outfits and garments. The range of fabrics include denim, twills, stretch, bull denim, broken twills.
The company received an award by SRTEPC for 124% growth in exports