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Bannari Amman Share Price Target 2024, 2025, 2026 to 2039 With Charts

Bannari Amman Spinning Mills Ltd

Company LogoSymbol: BASML
Price: ₹47.25
Exchange: NSE
Consumer Cyclical -> Textile Manufacturing
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Bannari Amman Brief Company Overview

Bannari Amman Spinning Mills Ltd: A Staple in the Textile Industry

Bannari Amman Spinning Mills Ltd stands as a leading textile manufacturer in India and beyond. Since its inception in 1989, the company has carved a niche for itself in the industry. Headquartered in Coimbatore, India, Bannari Amman Spinning Mills boasts a global presence and a strong domestic market position.

The company's extensive product portfolio encompasses various textile offerings, including cotton yarns, woven and knitted fabrics, home textiles, and knitted garments. Additionally, it caters to the retail sector with its BITZ brand, specializing in inner and active wear for all ages.

Bannari Amman Spinning Mills Ltd's commitment to quality and customer satisfaction has earned it a reputation of excellence in the textile industry. The company's diverse product range, global reach, and unwavering dedication position it as a formidable player in the market.


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Bannari Amman Financial Performance

MetricValueDescription
Market Capital326.47 CroreMarket valuation of Bannari Amman's shares.
Revenue (TTM)923.51 CroreTotal revenue generated by Bannari Amman over the past twelve months.
Net Income (TTM)-29.98 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin-6.67%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin-2.38%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-34.7%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-98.52%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
112.35Company's total debt divided by total shareholder equity.
Total Debt507.1 CroreSum of Bannari Amman's current & long-term financial obligations.
Total Cash8 CroreTotal amount of liquid funds available to Bannari Amman.
Beta0.85Beta is less than 1 indicating that the Bannari Amman's price is less volatile than the market.

Is Bannari Amman A Good Buy For Long Term?

Bannari Amman is a small-cap stock with a high debt-to-equity ratio, indicating a significant financial risk. While revenue has been relatively strong, the company's recent performance is concerning, with a sharp decline in earnings and a negative profit margin. Despite some positive returns in the past, the overall trend over the last five years shows a significant decline. Given these factors, Bannari Amman is not a good buy for the long term.

To predict the Bannari Amman's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Bannari Amman Share Price Target For 2024

 Bannari Amman Targets For 2024 Chart

The line chart displays the monthly closing prices of Bannari Amman with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Bannari Amman shares in 2024, see the table below.

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Bannari Amman Share Price Target Table For 2024

Bannari Amman's LevelsValueReason/Importance
2024 Target 350.85 (+7.61%)Price Action: Nov 2007 High
2024 Target 250.21 (+6.26%)Price Action: Jul 2014 High
2024 Target 149.70 (+5.18%)Price Action: 19 Jun 2024 High
Current Price47.25 Bannari Amman's 1 share price as of Mon 01 Jul 2024
Stop Loss 146.05 (-2.54%)Price Action: Dec 2023 Low
Stop Loss 245.50 (-3.71%)Price Action: 07 Jun 2024 High
Stop Loss 345.00 (-4.77%)Price Action: Nov 2022 Low

Summary: Bannari Amman Share Price Prediction For 2024

In summary, Bannari Amman has declined by ₹-0.30, recording a notable -0.63% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Bannari Amman for 2024 predicts an additional rise of 5.18% to 7.61% by the end of 2024 with three potential targets T1: 49.70, T2: 50.21, T3: 50.85. Stop Loss at SL1: 46.05, SL2: 45.50, SL3: 45.00.

Bannari Amman has a 52-week high of ₹59.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹37.50, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Bannari Amman.

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Bannari Amman Share Price Target For 2025

 Bannari Amman Targets For 2025 Chart

The line chart displays the monthly closing prices of Bannari Amman with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Bannari Amman shares in 2025, see the table below.

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Bannari Amman Share Price Target Table For 2025

Bannari Amman's LevelsValueReason/Importance
2025 Target 365.48 (+38.58%)Fibonacci Extension Level 123.6%
2025 Target 264.34 (+36.16%)Price Action: Chart
2025 Target 163.70 (+34.81%)Custom Fibonacci Extension Lvl 64.9%
Current Price47.25 Bannari Amman's 1 share price as of Mon 01 Jul 2024
Stop Loss 143.45 (-8.05%)Price Action: Dec 2009 High
Stop Loss 243.00 (-9%)Price Action: May 2024 Low
Stop Loss 342.26 (-10.57%)Price Action: Sep 2010 Low

Summary: Bannari Amman Share Price Prediction For 2025

In summary, Bannari Amman has declined by ₹-0.30, recording a notable -0.63% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Bannari Amman for 2025 predicts an additional rise of 34.81% to 38.58% by the end of 2025 with three potential targets T1: 63.70, T2: 64.34, T3: 65.48. Stop Loss at SL1: 43.45, SL2: 43.00, SL3: 42.26.

Bannari Amman has a All-Time high of ₹202.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹37.50, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Bannari Amman, we have created a specific page for that check here: Bannari Amman Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Bannari Amman Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Bannari Amman Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Bannari Amman share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -0.71% over the next 15 years.

For complete year by year Bannari Amman long term share price target from 2024, 2025 to 2039 check the below table.

Bannari Amman Share Price Target Table From 2024, 2025, 2026 to 2039

Year Bannari Amman TargetYoY Change %
2024₹47.25[Current Price]
2024₹47.480.48%
2025₹47.971.03%
2026₹47.24-1.53%
2027₹46.9-0.72%
2028₹46.26-1.37%
2029₹45.8-1%
2030₹46.250.98%
2031₹45.54-1.54%
2032₹45.2-0.75%
2033₹44.57-1.4%
2034₹44.11-1.04%
2035₹44.530.95%
2036₹43.84-1.55%
2037₹43.5-0.78%
2038₹42.88-1.43%
2039₹42.990.25%

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Bannari Amman Past Performance

BASML main
Bannari Amman has been listed on NSE for more than 19 years.
  • In 2005, Bannari Amman opening price was ₹38.4
  • As of Mon 01 Jul 2024 the price stands at ₹47.25.
  • This represents a Compound Annual Growth Rate (CAGR) of 1.04%.
  • In 19 years, an investment of 10,000 would have become ₹12,304.68.

As we wrap up, we hope you like our study on Bannari Amman share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Bannari Amman Spinning Mills Ltd, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter