NIFTY 23907.25 BANK 51135.40

Bannari Amman Spinning Mills Limited
Share Price Target & Analysis

NSE:BASML

51.31

VWAP

0

Open

51.4

Close

51.4

High

51.25

Low

71.71

52 Week High

51.30 ⇩
-0.10 (-0.19%)

BASML

(Miscellaneous)
40.3% Momentum

Turnaround Potential

37.5

52 Week Low

2.78

EPS

51.01

PE

0.88

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: BASML Share Price Financial Analysis & Valuation

Bannari Amman Spinning Mills Limited (BASML) is broadly categorized in Miscellaneous segment industry which deals in Textiles - General vertical. It is one of Micro Cap company with Market Capitalization of Rs 553.7 (in Cr). Total number of free float shares are 1.6 (in Lacs). Bannari Amman Spinning Mills Limited is listed on NSE with Exchange ID - INE186H01022 and trading code is NSE:BASML with short name Bannari A Spg.

In the past 1 year, Bannari Amman Spinning Mills Limited has declared an equity dividend of Rs 0.6 per share. At the current share price of BASML at Rs 51.30, this results in a dividend yield of 1.17 %.

As per the Fundamental Analysis of NSE:BASML, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BASML underlying value and future prospects. All of this data is available in BASML financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BASML, it is clearly understood that BASML is Standard performer in terms of earnings and profit margins with an EPS of 2.78. NSE:BASML book value per share as of today is 58.55. The current price to book ratio for BASML as of Nov 23, 2024 is 0.88.

Valuation of the Stock: The current valuation of BASML stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BASML whether to BUY this stock at current valuation. The delivery percentage of BASML is 57.16% is very crucial parameter which shows that 57.16% investors are anticipating that the price of BASML share should go up with VWAP at 51.31.

Now, the main question is whether to BUY or SELL, NSE:BASML at current valuation.
As per latest Analysis No. #686:-

⇑ STRONG BUY BASML if All Greens

⇗ BUY BASML (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BASML (With Stop Loss) if only 1 Green

⇘ SELL BASML if NO Green Indicator

NSE: BASML Share Price Today (Nov 23, 2024)

(Bannari Amman Spinning Mills Limited Daily Analysis on the basis of BASML Intraday Graph & Trend)

Bannari Amman Spinning Mills Limited share price moved Down by -0.19% from its previous close of Rs 51.4. BASML stock last traded price is 51.30. BASML share price trend is Down with a total of 19833 stocks traded till now. It has touched an intraday high of Rs 51.4 and an intraday low of Rs 51.25. The BASML trading at 51.30, Down by Rs. -0.10, or -0.19 percent which suggests that most of the Traders are anticipating that the price of BASML share should go Down.

NSE: BASML Share Price Tomorrow Prediction

(Bannari Amman Spinning Mills Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BASML)

Bannari Amman Spinning Mills Limited share price moved Down by -0.19%. BASML share price short term trend is Down. It suggests that BASML Share Price for Tomorrow remains the same with VWAP at 51.31 will be treated as stop loss for intraday traders. Bannari Amman Spinning Mills Limited Long term investors can follow the BASML long term trend as mentiond in future forecast table.

NSE Code

NSE: BASML

BASML Share Price Today

 51.30

BASML Share Price Target Prediction for 2024 ^

 39.3 - 58

BASML Share Price Target Prediction for 2025*^

 58 - 76.8

BASML Share Price Target Prediction for 2026*^

 76.8 - 82.2

BASML Share Price Target Prediction for 2027*^

 86

BASML Share Price Target Prediction for 2028*^

 89

BASML Share Price Target Prediction for 2030*^

 97
BASML Current Book Value 2023
58.3

*Bannari Amman Spinning Mills Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^BASML share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BASML Technical Analysis

Candlestick Pattern: @54.08

BASML Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 56.34 SELL 55.86 SELL
MA_12 56.18 SELL 56.18 SELL
MA_20 55.17 SELL 56.22 SELL
MA_32 56.22 SELL 56.62 SELL
MA_50 58.59 SELL 56.77 SELL
MA_100 57.16 SELL 55.96 SELL
MA_200 51.48 BUY 53.2 BUY

BASML Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 55.17 Downtrend
MACD 0.14 BUY
ADX 20.11 NO or Weak Trend
DMI (+/-) 21.55 / 31.07 Downtrend

BASML Momentum Oscillators

BUY (2) NEUTRAL (4) SELL (6)
Momentum Oscillators Value Action
RSI 42.43 Neutral
STOCHASTIC_K (Fast) -4.93 Oversold
STOCHASTIC_D (Slow) -1.13 Oversold
CCI -46.1 Neutral
PSAR 61.2 SELL
TRUE RANGE 1.11 BUY
ATR 2.16 BUY
WILLIAMS R -59.58 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -1.27 SELL

BASML Last 1 Year Trend

Duration Value
1 Year 20.31%
3 Months 0.3%
1 Month -2.29%
1 Week -9.64%

BASML Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 17%
SELL 67%

Most popular Questions & Answers about BASML


Bannari Amman Spinning Mills Limited stock last traded price is 51.30. BASML share price moved Down by -0.19% from its previous close of Rs 51.4.

Bannari Amman Spinning Mills Limited share price trend is Down with a total of 19833 stocks traded till now. It has touched an intraday high of Rs 72.4271 and an intraday low of Rs 51.25. The BASML trading at 51.30, Down by Rs. -0.10, or -0.19 percent which suggests that most of the Traders are anticipating that the price of BASML share should go Down and the Stop Loss will be around 51.31.

The market cap of Bannari Amman Spinning Mills Limited is ₹553.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Bannari Amman Spinning Mills Limited as of Nov 22, 2024 is 51.01.

The current price to book ratio for Bannari Amman Spinning Mills Limited as of Nov 22, 2024 is 0.88.

The highest price of Bannari Amman Spinning Mills Limited stock is ₹71.71 in the last 52-week.

The lowest price of Bannari Amman Spinning Mills Limited stock is ₹37.5 in the last 52-week.

Bannari Amman Spinning Mills Limited share trading at ₹51.30, Down by Rs. -0.10, or -0.19 percent which suggests that most of the traders are anticipating that the price of BASML share should go Down.

In 2023, Stock price target for Bannari Amman Spinning Mills Limited (BASML) are ₹39.3 on downside and ₹58 on upside. Bannari Amman Spinning Mills Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bannari Amman Spinning Mills Limited (BASML) are ₹58 on downside and ₹76.8 on upside. Bannari Amman Spinning Mills Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bannari Amman Spinning Mills Limited (BASML) are ₹76.8 on downside and ₹82.2 on upside. Bannari Amman Spinning Mills Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Bannari Amman Spinning Mills Limited (BASML) will be around ₹89 Bannari Amman Spinning Mills Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BASML.

The price of Bannari Amman Spinning Mills Limited (BASML) shares moved by -0.19%. The short-term trend for BASML share price is Down. It implies that the share price of BASML will stay the same tomorrow and that intraday traders should treat VWAP at 51.31 as a stop loss. Investors with a long-term outlook can track BASML long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of BASML stock is 33.3. Compared to the current market price of 51.30 INR, the BASML stock is Overvalued by 35.1%.

As per the fundamental analysis of Bannari Amman Spinning Mills Limited (BASML), it is of Standard quality in terms of earnings and profit margins with an EPS of 2.78. Bannari Amman Spinning Mills Limited book value per share as of today is 58.55. The current price to book ratio for BASML as of Nov 23, 2024 is 0.88.


NSE:BASML News & Other Useful Information about BASML Share Price


Peer Comparison of NSE: BASML

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - General

Company Price EPS BV
PDSL 512.65 8.7 18.97
JINDWORLD 323.00 3.95 35.43
GARFIBRES 4600.55 113.46 620.07
TCNSBRANDS 583.95 0 47.91
PDSMFL 512.65 8.7 18.97
SUTLEJTEX 57.43 0 59.59
SPAL 819.95 35.82 310.45
BASML 51.30 2.78 58.55
BRFL 2.00 0 -24.03
GLOBE 4.13 0.26 3.46
Updated at: 22 Nov 2024 15:15

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