Nitin Spinners (NITINSPIN) Share Price Near Record High as Stock Traded at Rs 653.8
- October 16, 2026
- Posted by: Chaitanya Auti
- Category: News
Nitin Spinners Share Price traded at Rs 653.8 on 16 October 2026 at 1:23:28 PM IST, up 5.4% from the previous close of Rs 620.3, while market capitalisation stood at Rs 3,487.33 crore. The move left Nitin Spinners Share Price near its all-time high and kept Nitin Spinners Share Price Today in focus across Stock Market Today and Stocks in News screens. According to latest Univest data, the price event is clear; it does not establish a company-specific catalyst. The latest Nitin Spinners Stock News therefore centers on verified price action, valuation context and the textile industry comparison that frames the move.
Nitin Spinners Share Price also matters because the stock moved above its recent reference points and stayed close to the top of its longer-term range. The latest Univest figures show a day low of Rs 626.8, a day high of Rs 666 and an opening level of Rs 649. For readers tracking Nitin Spinners Share Price Today, this is a straightforward market update rather than a story built around an unverified trigger. Nitin Spinners Share News now sits at the intersection of price, valuation and sector benchmarking.
Nitin Spinners Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 653.8 |
| Previous Close | Rs 620.3 |
| Today's Move | +Rs 33.5 (+5.4%) |
| Open | Rs 649 |
| High | Rs 666 |
| Low | Rs 626.8 |
| Market Capitalisation | Rs 3,487.33 crore |
Nitin Spinners Ltd. (NITINSPIN) traded at Rs 653.8 versus the previous close of Rs 620.3, a rise of 5.4%. The stock opened at Rs 649, reached a high of Rs 666 and touched a low of Rs 626.8.
Nitin Spinners Share Price today showed a clear upward move from the previous close, with the stock at Rs 653.8 after adding Rs 33.5 or 5.4%. The day opened at Rs 649, moved between Rs 626.8 and Rs 666, and stayed close to its all-time high zone through the period covered by the latest Univest data. For investors scanning Nitin Spinners Share Price Live, the key facts are the gap versus the prior session, the intraday range and the position near the top of the stock’s wider history. Nitin Spinners Share Price Today also places the counter among the notable names in Textile Stock News and Share Market Today screens. As a near-all-time-high event, the price action is factual in itself, while the reason for the move is not established by the available record. That is why Nitin Spinners Share Price Update should be read as a verified market event first and a narrative second.
The current Nitin Spinners Share Price suggests the stock is being tracked closely by readers following Nitin Spinners NSE and Nitin Spinners BSE updates. Nitin Spinners Stock Performance is therefore best understood through the day’s numbers, the market cap and the record-level proximity. Nitin Spinners Share Price also features prominently in 52 Week High Stocks searches because the move keeps the name in the all-time high conversation. For that reason, the next section of Nitin Spinners Stock Analysis shifts to fundamentals rather than unsupported explanations.
Nitin Spinners Ltd. (NITINSPIN) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 3,487.33 crore |
| P/E Ratio | 16.46x |
| P/B Ratio | 2.26x |
| ROE | 12.76% |
| ROCE | 12.21% |
| EPS | Rs 37.68 |
| Book Value Per Share | Rs 274.99 |
| Dividend Yield | 0.48% |
Nitin Spinners Ltd. (NITINSPIN) fundamental metrics show P/E 16.46x, P/B 2.26x, ROE 12.76%, ROCE 12.21%. These figures provide context only and are not a buy or sell signal.
Nitin Spinners Ltd. has a market capitalisation of Rs 3,487.33 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 16.46x, P/B at 2.26x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 12.76% and ROCE of 12.21%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 37.68, book value per share of Rs 274.99, dividend yield of 0.48%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 13.84x, median ROE of 1.88%, median ROCE of 6.3%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Industry | Textile – Spinning |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.46x |
| Benchmark Median P/E | 13.84x |
| Benchmark Average P/E | 33.12x |
| Benchmark P/E Range | 1.46x to 365.65x |
| Company P/B Ratio | 2.26x |
| Benchmark Median P/B | 0.74x |
| Company ROE | 12.76% |
| Benchmark Median ROE | 1.88% |
| Company ROCE | 12.21% |
| Benchmark Median ROCE | 6.3% |
| Company Market Capitalisation | Rs 3,487.33 crore |
| Benchmark Median Market Cap | Rs 64.68 crore |
Nitin Spinners Ltd. (NITINSPIN) is classified under sector: Textile and industry: Textile – Spinning.
Nitin Spinners Ltd. (NITINSPIN) has a P/E ratio of 16.46x, which is above the benchmark median of 13.84x, a difference of +18.93%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Nitin Spinners Ltd. (NITINSPIN) has a ROE of 12.76%, which is above the benchmark median of 1.88%, a difference of +578.72%. Nitin Spinners Ltd. (NITINSPIN) has a ROCE of 12.21%, which is above the benchmark median of 6.3%, a difference of +93.81%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Trident Ltd. | TRIDENT | 11,369.08 | 28.53 | 2.29 | 8.03 | 9.95 |
| Filatex India Ltd. | FILATEX | 4,969.01 | 24.8 | 3.06 | 12.95 | 17.15 |
| SANATHAN TEXTILES LIMITED | SANATHAN | 4,625.34 | 76.13 | 2.44 | 4.21 | 7.09 |
| GHCL Textiles Ltd. | GHCLTEXTIL | 1,237.84 | 12.87 | 0.8 | 4.79 | 6.3 |
| Pashupati Cotspin Ltd. | PASHUPATI | 1,214.11 | 81.85 | 7.48 | 6.54 | 10.04 |
Nitin Spinners Ltd. (NITINSPIN) has a P/E ratio of 16.46x compared with the displayed peer median of 28.53x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 12.76% compares with a peer median of 6.54% across the companies shown in the table. ROCE stood at 12.21% versus the displayed peer median of 9.95%, providing a capital-efficiency comparison. Nitin Spinners Ltd. (NITINSPIN) has a market capitalisation of Rs 3,487.33 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Nitin Spinners
- Nitin Spinners Share Price traded at Rs 653.8, up 5.4% from the previous close of Rs 620.3.
- Nitin Spinners Share Price remained near its all-time high while the day high reached Rs 666.
- Nitin Spinners Share Price shows a P/E of 16.46 and a P/B of 2.26.
- Nitin Spinners Share Price sits with ROE of 12.76% and ROCE of 12.21%.
- Nitin Spinners Share Price is backed by a market capitalisation of Rs 3,487.33 crore.
About Nitin Spinners
Nitin Spinners Ltd. operates in the Textile sector and the Textile – Spinning industry. That classification places Nitin Spinners Share Price within a business segment that is commonly tracked with sector-level valuation, profitability and market-cap comparisons. Nitin Spinners Share Price Today therefore belongs in Textile Stock News, Nitin Spinners Company News and broader Indian Stock Market coverage because the company is part of a benchmarked industry group. Readers following Nitin Spinners Latest News can use the company’s sector and industry classification as the starting point for further analysis.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
Why is Nitin Spinners Share Price in focus today?
Ans. Nitin Spinners Share Price is in focus because it traded at Rs 653.8, rose 5.4% from the previous close and stayed near its all-time high. The latest Univest data confirms the price event but not a company-specific trigger.
What is Nitin Spinners Share Price today?
Ans. Nitin Spinners Share Price was Rs 653.8 at 1:23:28 PM IST on 16 October 2026. It moved up from Rs 620.3 previously and stayed within the day’s range of Rs 626.8 to Rs 666.
Is Nitin Spinners Share Price near its all-time high?
Ans. Yes, Nitin Spinners Share Price is near its all-time high based on the event classification. The stock traded at Rs 653.8, which keeps it close to the top of its longer-term price zone.
What are the key valuation metrics for Nitin Spinners?
Ans. Nitin Spinners Share Price is accompanied by a P/E of 16.46 and a P/B of 2.26. EPS is Rs 37.68, book value is Rs 274.99 and dividend yield is 0.48%.
How does Nitin Spinners compare with its industry benchmark?
Ans. Nitin Spinners Share Price sits above the same-industry median P/E of 13.84 and well above the median P/B of 0.74. Its ROE of 12.76% and ROCE of 12.21% are also above benchmark medians.
What is the market capitalisation of Nitin Spinners?
Ans. Nitin Spinners Share Price is linked to a market capitalisation of Rs 3,487.33 crore. That figure is above the industry median market cap of Rs 64.68 crore and above the industry average of Rs 521.84 crore.
Which peers are relevant for Nitin Spinners Share Price comparison?
Ans. Nitin Spinners Share Price can be compared with Trident, Filatex India, Sanathan Textiles, GHCL Textiles, Pashupati Cotspin, Nahar Spinning Mills, Ambika Cotton Mills, Sumeet Industries and Precot within the same industry set.
Should investors track Nitin Spinners Share Price on Univest?
Ans. Yes, Univest provides a useful way to track Nitin Spinners Share Price, including live price, market cap, ratios, industry context and all-time levels. It helps readers follow Nitin Spinners Share Price Today in one place.
Track Nitin Spinners Share Price on Univest
Use Nitin Spinners Ltd. (NITINSPIN) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Track Nitin Spinners Share Price on Univest for live price updates, key ratios, market capitalisation, all-time levels, sector context and company fundamentals. Univest also helps readers follow Nitin Spinners Share Price Today alongside Nitin Spinners Stock News, Nitin Spinners Fundamental Analysis and Nitin Spinners Stock Performance in one place.