SSelectStock

NDLNandan Denim Limited

Consumer Durable · Textile Manufacturing · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Nandan Denim Limited manufactures and sells denim, shirting materials, yarn, and various fabrics in India. The company offers denim products, such as core classics, reinvented classics, novelty, structured, knit, light weight, blends, feather touch, stretch tech, and prints denims; shirting products, including plain weaves, twill, dobby, chambray, fil-à-fil, herringbone, basket weave, and pinpoint oxford; and dyed yarns in multiple blends and counts, grey cotton fabrics, and khakis. It also exports its products. The company offers its products to fabric re-sellers, garment converters, distributors, wholesalers, dealers, brand owners, and exporters. The company was formerly known as Nandan Exim Limited and changed its name to Nandan Denim Limited in November 2013. Nandan Denim Limited was incorporated in 1994 and is headquartered in Ahmedabad, India.

2.86
1.38%
56Decent

Mkt Cap
₹412 Cr
P/E
P/B
0.6
Div Yield
0.00%
52W High
₹3.75
52W Low
₹1.80

Price & Volume

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Key Ratios

Market Cap (₹ cr)412.30
P/E
P/B0.63
PEG
ROE %5.10
ROCE %5.90
Debt / Equity0.18
EPS-0.45
Revenue Growth %-40.60
Profit Growth %25.00
Dividend Yield %0.00
Promoter Holding %52.67
FII Holding %0.00
DII Holding %
Beta1.02

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on NDL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 58%

The picture

  • Profit growth: 25.0% YoY
  • Debt/Equity: 0.18
  • Promoter holding: 52.7%
  • RSI: 58
  • Price vs EMA21: above
  • Price vs SMA50: above

Bull case

  • Profit growth: 25.0% YoY
  • Debt/Equity: 0.18
  • Promoter holding: 52.7%
  • RSI: 58

Bear case

  • Revenue growth: -40.6% YoY
  • ROE: 5.1%
  • MACD: bearish
  • Golden cross setup: SMA50 below SMA200

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -40.6% YoY
  • ROE: 5.1%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹2.86
Stop Loss
₹2.53
risk 11.4%
Target 1 (1.5R)
₹3.35
+17.1%
Target 2 (3R)
₹3.84
+34.3%
Support (20d)
₹2.24
Resistance (52w)
₹3.75
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.33/share
ATR (volatility)
₹0.13
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.13). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental43
Technical61
Momentum78
Risk (safety)32

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