Nitin Spinners gains 4%, hits record high on hopes of strong earnings

Shares of Nitin Spinners hit a record high of Rs 303, up 4 per cent on the BSE in Friday’s intra-day trade. The stock has gained 10 per cent in the last two trading sessions on expectation of strong earnings.

The stock of the textiles company crossed its previous high level of Rs 295 touched on November 10, 2021. Currently, the stock is traded under the T Group, which represents securities that are settled on a trade-to-trade basis as a surveillance measure. At 10:41 am; Nitin Spinners was quoted 3 per cent higher at Rs 300, when compared with