Nitin Spinners Ltd. (NITINSPIN) Share Price Hits New 52-Week High
- August 4, 2026
- Posted by: Harsh Piplani
- Category: News
Nitin Spinners Ltd. Share Price hits a new 52-week high at Rs 583.95, marking a 2.34% rise today with a market cap of Rs 3,205.38 crore.
Nitin Spinners Ltd. Share Price has reached a new 52-week high of Rs 583.95, reflecting a 2.34% increase from the previous close of Rs 570.15. The stock opened at Rs 579.85 and fluctuated between a low of Rs 575.3 and the high of Rs 583.95 during the trading session. With a current market capitalisation of Rs 3,205.38 crore, the company is drawing attention in the textile sector. This fresh 52-week high underscores the stock’s upward momentum, although the data does not specify a company-specific catalyst for this rise.
Nitin Spinners Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 583.5 |
| Previous Close | Rs 570.15 |
| Today's Change | +Rs 13.35 (+2.34%) |
| Day Open | Rs 579.85 |
| Fresh 52-Week High | Rs 583.95 |
| Day Low | Rs 575.3 |
| Current Volume | 1,325 |
| Turnover | Rs 0.08 crore |
| Market Capitalisation | Rs 3,205.38 crore |
Nitin Spinners Ltd. (NITINSPIN) traded at Rs 583.5. versus the previous close of Rs 570.15, a rise of 2.34%. The stock opened at Rs 579.85, reached Rs 583.95, touched Rs 575.3. Reported volume was 1,325.
Today, Nitin Spinners Ltd. Share Price opened at Rs 579.85 and quickly climbed to a fresh 52-week high of Rs 583.95. The stock closed at Rs 583.5, up by Rs 13.35 or 2.34% from the previous close of Rs 570.15. The day’s trading saw a low of Rs 575.3, with a turnover of Rs 0.08 crore and a volume of 1,325 shares, indicating moderate trading activity. This price action highlights the stock’s strong performance, setting a new yearly high.
Nitin Spinners Ltd. (NITINSPIN) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 3,205.38 crore |
| P/E Ratio | 25.17x |
| P/B Ratio | 2.74x |
| ROE | 22.64% |
| ROCE | 18.82% |
Nitin Spinners Ltd. was valued at a P/E ratio of 25.17x, a P/B ratio of 2.74x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 22.64% and ROCE of 18.82%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Benchmark Scope | same sector |
| Company P/E Ratio | 25.17x |
| Benchmark Median P/E | 12.61x |
| Benchmark Average P/E | 49.78x |
| Benchmark P/E Range | 0x to 1,896.78x |
| Company P/B Ratio | 2.74x |
| Benchmark Median P/B | 1.13x |
| Company ROE | 22.64% |
| Benchmark Median ROE | 3.28% |
| Company ROCE | 18.82% |
| Benchmark Median ROCE | 7.11% |
| Company Market Capitalisation | Rs 3,205.38 crore |
| Benchmark Median Market Cap | Rs 81.31 crore |
Nitin Spinners Ltd. (NITINSPIN) is classified under sector: Textile.
Nitin Spinners Ltd. (NITINSPIN) has a P/E ratio of 25.17x, which is above the benchmark median of 12.61x, a difference of +99.6%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Nitin Spinners Ltd. (NITINSPIN) has a ROE of 22.64%, which is above the benchmark median of 3.28%, a difference of +590.24%. Nitin Spinners Ltd. (NITINSPIN) has a ROCE of 18.82%, which is above the benchmark median of 7.11%, a difference of +164.7%.
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 (%) |
|---|---|---|---|---|---|---|
| Sangam (India) Ltd. | SANGAMIND | 3,062.03 | 25.17 | 2.74 | 22.64 | 18.82 |
| Kewal Kiran Clothing Ltd. | KKCL | 3,060.92 | 23.73 | 3.39 | 4.51 | 5.8 |
| Sportking India Ltd. | SPORTKING | 2,925.2 | 18.1 | 2.45 | 27.77 | 18.56 |
| Kitex Garments Ltd. | KITEX | 2,912.7 | 51.24 | 2.53 | 8.12 | 11.37 |
| Siyaram Silk Mills Ltd. | SIYSIL | 2,734.91 | 12.01 | 1.94 | 25.43 | 30.45 |
Nitin Spinners Ltd. (NITINSPIN) has a P/E ratio of 25.17x compared with the displayed peer median of 23.73x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 22.64% compares with a peer median of 22.64% across the companies shown in the table. ROCE stood at 18.82% versus the displayed peer median of 18.56%, providing a capital-efficiency comparison. Nitin Spinners Ltd. (NITINSPIN) has a market capitalisation of Rs 3,205.38 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Nitin Spinners Ltd.
- Share Price reached a new 52-week high of Rs 583.95.
- Strong fundamental metrics with high ROE and ROCE.
- Competitive positioning within the textile sector.
- Market cap significantly above sector median.
About Nitin Spinners Ltd.
Nitin Spinners Ltd. is a prominent player in the textile industry, focusing on the production of yarns and fabrics. The company operates in the textile sector, leveraging its expertise to deliver high-quality products. With a strong market presence and robust financial performance, Nitin Spinners Ltd. continues to be a key contributor to the textile industry.
Track Nitin Spinners Ltd. 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.
Investors can track the live share price of Nitin Spinners Ltd., along with technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market insights on Univest.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the current share price of Nitin Spinners Ltd.?
Ans. The current share price of Nitin Spinners Ltd. is Rs 583.5, marking a 2.34% increase from the previous close. The stock moved 2.34% during the session. The intraday range extended from Rs 575.3 to Rs 583.95.
What is the 52-week high of Nitin Spinners Ltd.?
Ans. Nitin Spinners Ltd. has reached a 52-week high of Rs 583.95, reflecting strong market performance. The stock moved 2.34% during the session. The intraday range extended from Rs 575.3 to Rs 583.95.
How does Nitin Spinners Ltd.'s P/E ratio compare to the sector?
Ans. Nitin Spinners Ltd.'s P/E ratio of 25.17 is above the sector median of 12.61, indicating a higher valuation relative to peers. The company trades at a P/E ratio of 25.17x.
What is the market capitalisation of Nitin Spinners Ltd.?
Ans. The market capitalisation of Nitin Spinners Ltd. is Rs 3,205.38 crore, positioning it as a significant player in the textile sector. The company operates in the Textile sector. Its P/E ratio is 25.17x.
How does Nitin Spinners Ltd.'s ROE compare to the sector?
Ans. Nitin Spinners Ltd.'s ROE of 22.64% is significantly higher than the sector median of 3.28%, showcasing strong profitability. ROE stands at 22.64%. ROCE stands at 18.82%. The relevant peer median ROE is 3.28%.
What is the P/B ratio of Nitin Spinners Ltd.?
Ans. The P/B ratio of Nitin Spinners Ltd. is 2.74, which is above the sector median of 1.13, indicating a higher valuation. The company trades at a P/E ratio of 25.17x.
Who are Nitin Spinners Ltd.'s peers in the textile sector?
Ans. Peers include Sangam (India) Ltd., Kewal Kiran Clothing Ltd., Sportking India Ltd., Kitex Garments Ltd., and Siyaram Silk Mills Ltd. The stock belongs to the Textile sector. Comparable listed companies include Sangam (India) Ltd., Kewal Kiran Clothing Ltd., Sportking India.
What is the ROCE of Nitin Spinners Ltd.?
Ans. Nitin Spinners Ltd. has a ROCE of 18.82%, which is above the sector median of 7.11%, indicating efficient capital use. ROE stands at 22.64%. ROCE stands at 18.82%. The relevant peer median ROE is 3.28%.
How does Nitin Spinners Ltd. compare to Sportking India Ltd.?
Ans. Nitin Spinners Ltd. has a similar P/E ratio to Sportking India Ltd. but a lower ROE, with a higher market cap. Comparable listed companies include Sangam (India) Ltd., Kewal Kiran Clothing Ltd., Sportking India Ltd.
