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Nahar Spinning Mills Limited
Share Price Target & Analysis

NSE:NAHARSPING

271.05

VWAP

270.70

Open

267.15

Close

272.75

High

270.65

Low

359.60

52 Week High

271.40 ⇧
2.15 (0.80%)

NAHARSPING

(TEXTILES)
30.9% Momentum

Turnaround Potential

232.00

52 Week Low

-

EPS

33.15

PE

0.63

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: NAHARSPING Share Price Financial Analysis & Valuation

Nahar Spinning Mills Limited (NAHARSPING) is broadly categorized in TEXTILES segment industry which deals in Textiles - Hosiery & Knitwear vertical. It is one of Small Cap company with Market Capitalization of Rs 2200.3 (in Cr). Total number of free float shares are 3.6 (in Lacs). Nahar Spinning Mills Limited is listed on NSE with Exchange ID - INE290A01027 and trading code is NSE:NAHARSPING with short name Nahar Spinning.

In the past 1 year, Nahar Spinning Mills Limited has declared an equity dividend of Rs 3.5 per share. At the current share price of NAHARSPING at Rs 271.40, this results in a dividend yield of 1.29 %.

As per the Fundamental Analysis of NSE:NAHARSPING, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NAHARSPING underlying value and future prospects. All of this data is available in NAHARSPING financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NAHARSPING, it is clearly understood that NAHARSPING is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:NAHARSPING book value per share as of today is 430.85. The current price to book ratio for NAHARSPING as of May 15, 2024 is 0.63.

Valuation of the Stock: The current valuation of NAHARSPING stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NAHARSPING whether to BUY this stock at current valuation. The delivery percentage of NAHARSPING is 48.72% is very crucial parameter which shows that 48.72% investors are anticipating that the price of NAHARSPING share should go up with VWAP at 271.05.

Now, the main question is whether to BUY or SELL, NSE:NAHARSPING at current valuation.
As per latest Analysis No. #1356:-

⇑ STRONG BUY NAHARSPING if All Greens

⇗ BUY NAHARSPING (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD NAHARSPING (With Stop Loss) if only 1 Green

⇘ SELL NAHARSPING if NO Green Indicator

NSE: NAHARSPING Share Price Today (May 15, 2024)

(Nahar Spinning Mills Limited Daily Analysis on the basis of NAHARSPING Intraday Graph & Trend)

Nahar Spinning Mills Limited share price moved Up by 0.80% from its previous close of Rs 267.15. NAHARSPING stock last traded price is 271.40. NAHARSPING share price trend is Up with a total of 718 stocks traded till now. It has touched an intraday high of Rs 272.75 and an intraday low of Rs 270.65. The NAHARSPING trading at 271.40, Up by Rs. 2.15, or 0.80 percent which suggests that most of the Traders are anticipating that the price of NAHARSPING share should go Up.

NSE: NAHARSPING Share Price Tomorrow Prediction

(Nahar Spinning Mills Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NAHARSPING)

Nahar Spinning Mills Limited share price moved Up by 0.80%. NAHARSPING share price short term trend is Up. It suggests that NAHARSPING Share Price for Tomorrow remains the same with VWAP at 271.05 will be treated as stop loss for intraday traders. Nahar Spinning Mills Limited Long term investors can follow the NAHARSPING long term trend as mentiond in future forecast table.

NSE Code

NSE: NAHARSPING

NAHARSPING Share Price Today

 271.40

NAHARSPING Share Price Target Prediction for 2024 ^

 243.2 - 313.9

NAHARSPING Share Price Target Prediction for 2025*^

 313.9 - 326.5

NAHARSPING Share Price Target Prediction for 2026*^

 326.5 - 342.8

NAHARSPING Share Price Target Prediction for 2027*^

 360

NAHARSPING Share Price Target Prediction for 2028*^

 363

NAHARSPING Share Price Target Prediction for 2030*^

 393
NAHARSPING Current Book Value 2023
428.7

*Nahar Spinning Mills Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NAHARSPING share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

NAHARSPING Technical Analysis

Candlestick Pattern: @287.4

NAHARSPING Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 289.22 SELL 287.72 SELL
MA_12 287.79 SELL 287.79 SELL
MA_20 288.79 SELL 288.28 SELL
MA_32 286.53 BUY 290.25 SELL
MA_50 295.48 SELL 291.94 SELL
MA_100 296.14 SELL 292.21 SELL
MA_200 282.43 BUY 288.8 SELL

NAHARSPING Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 288.79 Downtrend
MACD 0.56 BUY
ADX 15.17 NO or Weak Trend
DMI (+/-) 14.55 / 20.33 Downtrend

NAHARSPING Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 48.34 Neutral
STOCHASTIC_K (Fast) 33.68 Neutral
STOCHASTIC_D (Slow) 52.59 Neutral
CCI -5.84 Neutral
PSAR 296.15 SELL
TRUE RANGE 8 BUY
ATR 11.79 BUY
WILLIAMS R -50.58 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 28.79 Neutral
STOCHASTIC RSI D 42.51 Neutral
MOMENTUM 12.75 BUY

NAHARSPING Last 1 Year Trend

Duration Value
1 Year -0.07%
3 Months -4.9%
1 Month 4.64%
1 Week 0.93%

NAHARSPING Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 30%
SELL 50%

Most popular Questions & Answers about NAHARSPING


Nahar Spinning Mills Limited stock last traded price is 271.40. NAHARSPING share price moved Up by 0.80% from its previous close of Rs 267.15.

Nahar Spinning Mills Limited share price trend is Up with a total of 718 stocks traded till now. It has touched an intraday high of Rs 363.196 and an intraday low of Rs 270.65. The NAHARSPING trading at 271.40, Up by Rs. 2.15, or 0.80 percent which suggests that most of the Traders are anticipating that the price of NAHARSPING share should go Up and the Stop Loss will be around 271.05.

The market cap of Nahar Spinning Mills Limited is ₹2200.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Nahar Spinning Mills Limited as of May 14, 2024 is 33.15.

The current price to book ratio for Nahar Spinning Mills Limited as of May 14, 2024 is 0.63.

The highest price of Nahar Spinning Mills Limited stock is ₹359.60 in the last 52-week.

The lowest price of Nahar Spinning Mills Limited stock is ₹232.00 in the last 52-week.

Nahar Spinning Mills Limited share trading at ₹271.40, Up by Rs. 2.15, or 0.80 percent which suggests that most of the traders are anticipating that the price of NAHARSPING share should go Up.

In 2023, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹243.2 on downside and ₹313.9 on upside. Nahar Spinning Mills Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹313.9 on downside and ₹326.5 on upside. Nahar Spinning Mills Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) are ₹326.5 on downside and ₹342.8 on upside. Nahar Spinning Mills Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Nahar Spinning Mills Limited (NAHARSPING) will be around ₹363 Nahar Spinning Mills Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NAHARSPING.

As per the fundamental analysis of Nahar Spinning Mills Limited (NAHARSPING), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Nahar Spinning Mills Limited book value per share as of today is 430.85. The current price to book ratio for NAHARSPING as of May 15, 2024 is 0.63.


NSE:NAHARSPING News & Other Useful Information about NAHARSPING Share Price


Peer Comparison of NSE: NAHARSPING

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Hosiery & Knitwear

Company Price EPS BV
RUPA 260.20 8.02 114.05
NAHARSPING 271.40 0 430.85
TTL 110.10 0 18.22
PIONEEREMB 41.30 0.9 43.63
BHANDARI 7.90 0.4 5.8
Updated at: 14 May 2024 15:49

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