Analysis: Nandan Denim Limited

NSE:NDL Textiles - Denim Fabric Market cap: ₹411 cr

Research report

companyname: Nandan Denim Limited ticker: NDL sector: Textiles - Denim and Shirting Fabrics Nandan Denim Limited is a textile manufacturer that runs a composite mill in Gujarat. Composite means it spins yarn and weaves fabric under one roof, rather than buying both from third parties. The company completed a large expansion in Q3 FY2017 (December 2016) that added spinning capacity, making it more backward-integrated. The business has three revenue streams. Denim fabric is the core product. In...

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RS rating: 86 Stage: Stage 2

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