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Nitin Spinners Ltd
NSE:NITINSPIN

Watchlist Manager
Nitin Spinners Ltd
NSE:NITINSPIN
Watchlist
Price: 370.95 INR 1.32%
Updated: May 6, 2024

Wall Street
Price Targets

NITINSPIN Price Targets Summary
Nitin Spinners Ltd

Wall Street analysts forecast NITINSPIN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NITINSPIN is 524.28 INR with a low forecast of 519.14 INR and a high forecast of 539.7 INR.

Lowest
Price Target
519.14 INR
40% Upside
Average
Price Target
524.28 INR
41% Upside
Highest
Price Target
539.7 INR
45% Upside
Nitin Spinners Ltd Competitors:
Price Targets
000050
Kyungbang Ltd
225% Upside
000158
Shijiazhuang ChangShan BeiMing Technology Co Ltd
83% Upside
300218
Anhui Anli Material Technology Co Ltd
26% Upside
002516
Kuangda Technology Group Co Ltd
83% Upside
603306
Hmt Xiamen New Technical Materials Co Ltd
137% Upside

Revenue
Forecast

Revenue Estimate
Nitin Spinners Ltd

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's revenue is 18%. The projected CAGR for the next 2 years is 33%.

18%
Past Growth
33%
Estimated Growth
Estimates Accuracy
1%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Nitin Spinners Ltd

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's operating income is 13%. The projected CAGR for the next 2 years is 61%.

13%
Past Growth
61%
Estimated Growth
Estimates Accuracy
-15%
Average Miss

Net Income
Forecast

Net Income Estimate
Nitin Spinners Ltd

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's net income is 19%. The projected CAGR for the next 2 years is 27%.

19%
Past Growth
27%
Estimated Growth
Estimates Accuracy
-14%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NITINSPIN's stock price target?
Price Target
524.28 INR

According to Wall Street analysts, the average 1-year price target for NITINSPIN is 524.28 INR with a low forecast of 519.14 INR and a high forecast of 539.7 INR.

What is Nitin Spinners Ltd's Revenue forecast?
Projected CAGR
33%

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's revenue is 18%. The projected CAGR for the next 2 years is 33%.

What is Nitin Spinners Ltd's Operating Income forecast?
Projected CAGR
61%

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's operating income is 13%. The projected CAGR for the next 2 years is 61%.

What is Nitin Spinners Ltd's Net Income forecast?
Projected CAGR
27%

For the last 8 years the compound annual growth rate for Nitin Spinners Ltd's net income is 19%. The projected CAGR for the next 2 years is 27%.