Nitin Spinners Limited
Bandhan Mutual Fund increased its stake in Nitin Spinners from 5.25% to 5.30%, buying 30,000 shares. The value of its holding is ₹16.15 crore at a share price of ₹541.55.
A leading manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics, Nitin Spinners operates from its base in Bhilwara, Rajasthan. Founded in 1992, the company serves both domestic and international markets through vertically integrated textile production capabilities. Its distinctive approach combines spinning, knitting, and fabric finishing operations within a single integrated framework, enabling end-to-end control of quality and production.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.