
Nandan Denim Faces Profit Decline Amid Shifting Market Sentiment and Technical Indicators
2025-04-02 08:00:33Nandan Denim, a microcap textile company, has experienced a recent evaluation adjustment reflecting changes in its technical trends. The firm reported flat quarterly performance with a decline in profit after tax and a low operating profit to net sales ratio, raising concerns about profitability and long-term strength.
Read MoreNandan Denim Faces Technical Trend Shifts Amid Mixed Performance Indicators
2025-03-27 08:00:19Nandan Denim, a microcap player in the textile industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 3.86, slightly down from its previous close of 3.96. Over the past year, Nandan Denim has shown a return of 14.44%, outperforming the Sensex, which recorded a return of 6.65% in the same period. However, the year-to-date performance indicates a decline of 20.58%, contrasting with the Sensex's modest drop of 1.09%. In terms of technical indicators, the weekly MACD and KST are both bearish, while the monthly readings show a mildly bearish trend. The Bollinger Bands and moving averages also reflect a bearish sentiment on a daily basis. Despite these indicators, the On-Balance Volume (OBV) shows a mildly bullish trend on both weekly and monthly scales, suggesting some underlying strength. The company's performance over longer periods is...
Read MoreNandan Denim Experiences Surge in Trading Activity and Notable Gains in Textile Sector
2025-03-25 10:00:05Nandan Denim Ltd (NDL), a microcap player in the textile industry, has emerged as one of the most active equities today, with a total traded volume of 5,953,061 shares and a total traded value of Rs 2.47 crore. The stock opened at Rs 4.14, reached a day high of Rs 4.30, and is currently trading at Rs 4.16, reflecting a 2.46% increase for the day. Notably, Nandan Denim has outperformed its sector by 2.23%, while the broader market, represented by the Sensex, has seen a modest gain of 0.55%. The stock has shown a strong upward trend, gaining for six consecutive days and delivering a remarkable 30.28% return over this period. Its performance metrics indicate that the stock is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Additionally, investor participation has surged, with delivery volume on March 24 reaching 1.57 crore, a si...
Read MoreNandan Denim Experiences Technical Trend Shifts Amidst Market Volatility and Performance Variability
2025-03-25 08:00:47Nandan Denim, a microcap player in the textile industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company's stock price has shown notable fluctuations, with a current price of 4.07, up from a previous close of 3.60. Over the past year, Nandan Denim has reached a high of 7.33 and a low of 2.96, indicating significant volatility. In terms of technical indicators, the MACD suggests a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. The Bollinger Bands indicate a mildly bearish trend weekly, contrasting with a bullish stance on a monthly basis. Moving averages also reflect a mildly bearish sentiment, while the Dow Theory presents a mildly bullish view on a weekly basis. When comparing the company's performance to the Sensex, Nandan Denim has delivered a stock return of 29.62% over the past week, significantly outperforming the Sense...
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Nandan Denim Faces Mixed Financial Performance Amid Evaluation Adjustment and Market Challenges
2025-03-25 08:00:34Nandan Denim, a microcap textile company, has experienced a recent evaluation adjustment reflecting changes in its market outlook. Despite a strong one-year return of 19.01%, the company faces challenges with long-term fundamentals, including a decline in profit and high debt levels, while still maintaining an attractive valuation relative to peers.
Read MoreNandan Denim Ltd Sees Surge in Trading Activity and Performance Metrics
2025-03-24 12:00:04Nandan Denim Ltd (NDL), a microcap player in the textile industry, has emerged as one of the most active equities today, with a total traded volume of 17,739,838 shares and a total traded value of approximately Rs 713.14 lakhs. The stock opened at Rs 3.80 and reached a day high of Rs 4.16, closing at Rs 4.09, reflecting a notable 11.70% return for the day. Over the past five days, Nandan Denim has shown a strong performance, gaining 27.44% and outperforming its sector by 11.89%. The stock's performance is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Investor participation has also seen a significant uptick, with a delivery volume of 1.23 crore shares on March 21, marking a 211.62% increase compared to the 5-day average. The liquidity of the stock is adequate, with trading sizes supported by 2% of the 5-day average trade...
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Nandan Denim Faces Sustained Bearish Trend Amid Broader Textile Sector Challenges
2025-03-03 10:05:27Nandan Denim, a microcap textile company, has faced notable volatility, recently nearing a 52-week low. The stock has declined for nine consecutive days, dropping 22.64% during this period. It is trading below all key moving averages and has underperformed compared to the broader market over the past year.
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Nandan Denim Faces Profit Decline Amidst Market Evaluation Adjustments and Debt Concerns
2025-02-19 18:55:12Nandan Denim, a microcap textile company, has recently experienced an evaluation adjustment amid flat financial performance for the quarter ending December 2024. The company reported a decline in profit after tax and faced challenges in maintaining profitability, highlighted by a low operating profit to net sales ratio.
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Nandan Denim Reports Record Sales Amid Declining Profitability Metrics for Q4 2024
2025-01-28 15:45:50Nandan Denim has reported its financial results for the quarter ending December 2024, showcasing record quarterly net sales of Rs 926.15 crore. However, the company faces challenges with declines in profit before tax, profit after tax, and operating profit margin, indicating a mixed financial performance.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
09-Apr-2025 | Source : BSECertificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended March 31 2025
Closure of Trading Window
26-Mar-2025 | Source : BSEIntimation for Closure of Trading Window under the SEBI (Prohibition of Insider Trading) Regulation 2015.
Announcement under Regulation 30 (LODR)-Newspaper Publication
29-Jan-2025 | Source : BSENewspaper publication of Unaudited Financial Results for the Quarter and Nine months ended December 31 2024
Corporate Actions
No Upcoming Board Meetings
Nandan Denim Ltd has declared 5% dividend, ex-date: 05 Sep 19
Nandan Denim Ltd has announced 1:10 stock split, ex-date: 19 Sep 24
Nandan Denim Ltd has announced 2:1 bonus issue, ex-date: 24 Mar 22
Nandan Denim Ltd has announced 1:2 rights issue, ex-date: 12 Dec 07