If you invest in the stock market, you must know the Nandan Denim share price target for 2026, 2027, 2028, 2029, and 2030. Here, you will get detailed information regarding all your queries, such as its financial performance, future predictions, and more.
About Nandan Denim Ltd
Nandan Denim Limited is one of India’s leading textile companies, known for making high-quality denim fabrics, shirting, and yarn. Based in Ahmedabad, Gujarat, the company is a trusted name in the clothing industry and supplies its products to top fashion brands in India and overseas. Nandan Denim is part of the Chiripal Group and is famous for its strong production capacity, modern technology, and focus on style and comfort. With a wide range of fabrics, creative designs, and reliable quality, the company plays a big role in meeting the growing demand for fashionable denim wear in both domestic and global markets.
Fundamental Analysis of Nandan Denim
| Market Cap. | ₹452.62 Cr. |
| ROE | 5.56% |
| ROCE | 9.27% |
| P/E | 11.96 |
| P/B | 0.71 |
| Dividend Yield | 0% |
| Book Value | ₹4.44 |
| Face Value | ₹1 |
| 52-Week High | ₹6.05 |
| 52-Week Low | ₹2.96 |
Nandan Denim Share Price Target 2026
After analysing past price trends and market performance, it is estimated that the Nandan Denim stock price could reach a minimum of ₹4 and potentially achieve a maximum target of ₹5 in the year 2026.
| Year 2026 | Target Price |
|---|---|
| Minimum Price | ₹4 |
| Maximum Price | ₹5 |
Nandan Denim Share Price Target 2027
After analysing past price trends and market performance, it is estimated that the Nandan Denim stock price could reach a minimum of ₹6 and potentially achieve a maximum target of ₹7 in the year 2027.
| Year 2027 | Target Price |
|---|---|
| Minimum Price | ₹6 |
| Maximum Price | ₹7 |
Nandan Denim Share Price Target 2028
After analysing past price trends and market performance, it is estimated that the Nandan Denim stock price could reach a minimum of ₹8 and potentially achieve a maximum target of ₹9 in the year 2028.
| Year 2028 | Target Price |
|---|---|
| Minimum Price | ₹8 |
| Maximum Price | ₹9 |
Nandan Denim Share Price Target 2029
After analysing past price trends and market performance, it is estimated that the Nandan Denim stock price could reach a minimum of ₹11 and potentially achieve a maximum target of ₹12 in the year 2029.
| Year 2029 | Target Price |
|---|---|
| Minimum Price | ₹11 |
| Maximum Price | ₹12 |
Nandan Denim Share Price Target 2030
After analysing past price trends and market performance, it is estimated that the Nandan Denim stock price could reach a minimum of ₹14 and potentially achieve a maximum target of ₹15 in the year 2030.
| Year 2030 | Target Price |
|---|---|
| Minimum Price | ₹14 |
| Maximum Price | ₹15 |
Shareholding Pattern of Nandan Denim
| Retail & Others | 46.34% |
| Promoters | 51.01% |
| Foreign Institutions | 1.4% |
| Mutual Funds | NA |
| Other Domestic Institutions | 1.25% |
Should You Invest in Nandan Denim Stock?
| Year | Target Price (₹) |
|---|---|
| 2026 | 4–5 |
| 2027 | 6–7 |
| 2028 | 8–9 |
| 2029 | 11–12 |
| 2030 | 14–15 |
Whether you should invest or not depends on many factors. Let us know the risks and opportunities to invest in Nandan Denim stock.
Opportunities
- Nandan Denim is one of India’s largest denim fabric manufacturers, giving it a strong presence in the textile market and steady demand for its products.
- The increasing popularity of denim clothing in India and abroad creates more business opportunities for the company to expand its sales.
- Nandan Denim exports to multiple countries, which helps it earn in foreign currency and reduces dependency on the Indian market alone.
- Various government schemes and incentives for the textile sector can help the company lower costs and improve profitability.
- The company’s efforts to introduce new fabric styles, improve production capacity, and explore new markets can boost long-term growth.
Risks
- Many strong players in denim manufacturing can affect Nandan Denim’s market share and pricing power.
- Changes in cotton and dye prices can increase production costs and reduce profit margins.
- Denim demand depends on changing fashion trends; a drop in popularity can impact sales.
- In times of weak economic growth, people may spend less on clothing, affecting the company’s revenue.
- Since the company exports globally, sudden currency value changes can affect earnings from international sales.
Key Competitors of Nandan Denim
Key competitors or peer companies of Nandan Denim Limited are Raymond, Bombay Dyeing and Manufacturing Company, Vardhman Textiles, Welspun India, Suryalakshmi Cotton Mills, Sangam India, KPR Mill, Ginni Filaments, Siyaram Silk Mills, Page Industries, Kitex Garments, Himatsingka Seide, Trident, Arvind Limited, and Indo Count Industries.
Disclaimer: All the information provided in this article is for educational purposes only. DateUpdateGo always advises seeking guidance from a certified financial advisor before making any investment-related decisions.
