8 months ago
Nandan Denim Share Price Rises Despite Market Weakness
Nandan Denim is a textile company whose share price went up a little bit on Tuesday, even though the overall market was not doing well.
A company called Infomerics Ratings said that Nandan Denim is still a good company to lend money to, which means they are stable.
This is good news because it shows that the company can pay back its loans.
In the last three months of the year, the company made a bit less money than last year, but they also spent less money.
This means they made a small profit, which is good.
Even though the share price has gone down a lot in the last year, it has gone up a lot in the last five years, so people who invested a long time ago have made a lot of money.
Nandan Denim's share price rose nearly 1% to ₹2.94 apiece on Tuesday.
Infomerics Ratings reaffirmed the company's credit ratings on bank facilities aggregating ₹339.74 crore.
Long-term borrowings of ₹279.74 crore were rated IVR BBB with a Stable outlook, and short-term facilities of ₹60 crore were rated IVR A3+.
The company reported a 7.70% decline in income from operations to ₹786.51 crore in Q2 2025, but expenses also declined, leading to a 7.64% increase in profit to ₹9.44 crore.
The share price has lost over 6% in a month and 24% in six months, but has delivered 220% returns in the last five years.
- Who
- Nandan Denim, a textile company
- What
- Share price increase and credit rating reaffirmation
- Where
- Indian stock market (BSE and NSE)
- When
- Tuesday's trading session
- Why
- Infomerics Ratings reaffirmed credit ratings on the company’s bank facilities
Key facts
- Company
- Nandan Denim
- Share Price
- ₹2.94
- Credit Rating
- IVR BBB/Stable (Long-term), IVR A3+ (Short-term)
- Bank Facilities
- ₹339.74 crore
- Q2 Income
- ₹786.51 crore
- Q2 Profit
- ₹9.44 crore
- 52-Week High
- ₹5.18
- 52-Week Low
- ₹2.85





