Bhilwara Spinners Limited announced that at its Extra - Ordinary General Meeting of the company held on 16 December, 2023, approved the appointment of Chitra Naraniwal as an Independent Director of.
Shares of Nitin Spinners have come down around 40 per cent off its 52-week high of Rs 345.At Friday s closing, the shares traded at Rs 215 per share.The company deals in textile and is one of the leading manufacturers of cotton and blended .
Shares in textile business have witnessed a consistent uptick in the recent months due to various policy measures and on hopes of a firm outlook for the sector going ahead.Besides, the GST council s recent move to defer rate hike on textiles .