Nitin Spinners

May 8 (Reuters) - Nitin Spinners Ltd NISP.NS:

• MARCH-QUARTER PROFIT FROM CONTINUING OPERATIONS 573.6 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 8.60 BILLION RUPEES

• RECOMMENDS DIVIDEND OF 3 RUPEES PER SHARE

Source text: [ID:]

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March 27 (Reuters) - Nitin Spinners Ltd NISP.NS:

• NITIN SPINNERS LTD - APPROVES POWER SUPPLY AND SHARE PURCHASE AGREEMENT WITH CGE II HYBRID ENERGY

Source text: ID:nBSE1WCsFb

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Nov 4 (Reuters) - Nitin Spinners Ltd NISP.NS:

• SEPT-QUARTER PROFIT FROM CONTINUING OPERATIONS 347.9 MILLION RUPEES

• SEPT-QUARTER REVENUE FROM OPERATIONS 7.6 BILLION RUPEES

Further company coverage: NISP.NS

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** Textile stocks gain between 4% and 9%; Vardhman Textiles VART.NS, with presence in more than 75 countries, top gainer, soaring 8.9%

** Arvind ARVN.NS rises 4.3%, KPR Mill KPRM.NS advances 6.5%, Nitin Spinners NISP.NS jumps 4.45% and Gokaldas Exports gains 8.16%

** Donald Trump's 26% reciprocal tariffs on India lower than those on competitors like Bangladesh (37%), Vietnam (46%) and Cambodia (49%)

** Ajay Sahai, Director General at Federation of Indian Export Organizations, says, "We will be looking for some diversion of business from other countries to India"

** "For India, the advantage is a potential bilateral trade agreement with the U.S."

** Tiruppur Exporters' Association, seeking certain quantity of duty-free cotton exports to the U.S., says it is in talks with ministries

(Reporting by Ananta Agarwal in Bengaluru and Praveen Paramasivam in Chennai)

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Jan 27 (Reuters) - Nitin Spinners Ltd NISP.NS:

• NITIN SPINNERS LTD - APPROVES CAPITAL EXPENDITURE OF 11 BILLION RUPEES ON EXPANSION PROJECT

Source text: ID:nNSE8GMJvJ

Further company coverage: NISP.NS

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Nov 7 (Reuters) - Nitin Spinners Ltd NISP.NS:

• SEPT-QUARTER PROFIT FROM CONTINUING OPERATIONS 421.6 MILLION RUPEES

• SEPT-QUARTER REVENUE FROM OPERATIONS 8.23 BILLION RUPEES

Source text: ID:nBSE2shjd0

Further company coverage: NISP.NS

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** Shares of Nitin Spinners NISP.NS rise as much as 14.4% to hit record high at 442.85 rupees

** Textile manufacturer reports 45.7% Y/Y rise in Q1 profit from continuing operations while rev from ops rose 30.1% Y/Y

** Stock is witnessing its most active trading session since Nov. 22, 2023

** More than 2.9 mln shares change hands, 13.3x of 30-day avg

** Stock last up 9.8%, bumping YTD gains to 31.5%

(Reporting by Ashish Chandra in Bengaluru)

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May 9 (Reuters) - Nitin Spinners Ltd NISP.NS:

• DIVIDEND 2.5 RUPEES PER SHARE

• MARCH-QUARTER PROFIT FROM CONTINUING OPERATIONS 391.7 MILLION RUPEES VERSUS PROFIT 385.4 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 8 BILLION RUPEES VERSUS 6.55 BILLION RUPEES

Source text for Eikon: ID:nBSEbgw3Zt

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Jan 29 (Reuters) - Nitin Spinners Ltd NISP.NS:

• DEC-QUARTER PROFIT FROM CONTINUING OPERATIONS 317.5 MILLION RUPEES VERSUS 315.8 MILLION RUPEES YEAR AGO

• DEC-QUARTER REVENUE FROM OPERATIONS 7.5 BILLION RUPEES VERSUS 5.37 BILLION RUPEES YEAR AGO

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Nov 30 (Reuters) - Nitin Spinners Ltd NISP.NS:

• COMMERCIAL PRODUCTION IN RING SPINNING UNIT OF32640 COMPACT SPINDLES AT BEGUN UNIT STARTED ON NOV 30

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Nov 9 (Reuters) - Nitin Spinners Ltd NISP.NS:

• INSTALLATION OF ROOFTOP SOLAR POWER PLANT OF 3.90 MW AT COST OF 160 MILLION RUPEES

• INDIA'S NITIN SPINNERS SEPT-QUARTER PROFIT FROM CONTINUING OPERATIONS 317 MILLION RUPEES VERSUS PROFIT 291.1 MILLION RUPEES

• NITIN SPINNERS LTD SEPT-QUARTER REVENUE FROM OPERATIONS 7.37 BILLION RUPEES VERSUS 5.06 BILLION RUPEES

Source text for Eikon: ID:nBSE9XmQgb

Further company coverage: NISP.NS

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Sept 28 (Reuters) - Nitin Spinners Ltd NISP.NS:

• COMMERCIAL PRODUCTION AT 2 UNITS COMMENCE ON 28TH SEPT

Further company coverage: NISP.NS

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** Shares of Nitin Spinners NISP.NS rise as much as 6.51% to 285.80 rupees, an 18-month high

** About 185,682 shares of textile manufacturer traded in a block at an average price of 280.50 rupees, as of 1:37 p.m. IST - Refinitiv data

** Stock most active in over seven months since Jan. 6, with a trading volume of 818,055 shares as of 1:42 p.m. IST, more than five times the 30-day avg - Refinitiv data

** Relative strength index rises above 70, suggesting stock may be overbought

** NISP up ~40% in 2023 so far, including today's gains

(Reporting by Bharath Rajeswaran in Bengaluru)

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