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Nahar Spinning Mills Ltd

NAHARSPING | NSE

234.41

INR

-7.44

-3.08%

NAHARSPING | NSE
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About Nahar Spinning Mills Ltd

Sector

Consumer Cyclical

Industry

Textile Manufacturing

Earnings date

31/03/2024

As of date

24/04/2026

Close

234.41

Open

244.50

High

244.50

Low

232.90

Nahar Spinning Mills Limited manufactures and sells yarns and knitted garments in India. It offers raw white combed raw white carded/open end dyed organic cotton fair trade cotton better cotton initiative melange gassed/mercerized compact spun blended synthetic/man-made fiber and cleaner yarns as well as grindle space-dyed slub core spun high twist reverse twist and elitwist yarns. The company also provides woolen/cotton hosiery knitwears and woolen textiles; and T-shirts. It exports its products primarily to the United States the United Kingdom France Brazil Bangladesh Mauritius Honduras Argentina Colombia Peru Chile the Netherlands Japan Canada Korea Taiwan Hong Kong Singapore Egypt and Russia. The company was incorporated in 1980 and is based in Ludhiana India.

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NAHARSPING | NSE

Risk
48.9
Sharpe
-0.03
Luna's Score
39/100
Recommendation
Sell

Luna says (NAHARSPING | NSE)

What's Working

Value Stock (Price to Book < 3)

What's not Working

Price Below SMA10D

Microcap (<300M USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

43.4%

1 month

48.9%

3 months

55.0%

6 months

43.7%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

0.69

Debt to equity

0.78

Debt to assets

0.40

Ent. to EBITDA

23.48

Ent. to rev.

0.73

PEG

-

Other Fundamentals

EBITDA

1.35B

MarketCap

8.49B

MarketCap(USD)

87.70M

Div. yield

0.37

Op. margin

3.61

Erngs. growth

-86.00

Rev. growth

9.90

Ret. on equity

-3.37

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

43.18

Range1M

64.56

Range3M

110.78

Volumes: Market Activity

Volume Averages

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Rel. volume

0.22

Price X volume

1.99M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA23.4825.23Par
Ent. to Revenue0.7310.83Cheaper
PE Ratio-29.68-
Price to Book0.692.88Cheaper
Dividend Yield0.370.85Poor
Std. Deviation (3M)54.9551.12Par
Debt to Equity0.780.49Expensive
Debt to Assets0.400.37Par
Market Cap8.49B24.39BEmerging
  • 1

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