Bannari Amman Spinning Mills Ltd

NSE
BASML •
BUY

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Start SIP in Bannari Amman Spinning Mills Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
37.48% Gain from 52W Low
-9.5
TTM PE Ratio
Negative PE TTM
-15.7
Price to Book Ratio
Below industry Median
0.7
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-12.1
RSI
RSI is mid-range
36.3
MFI
MFI is mid-range
45.6

Bannari Amman Spinning Mills Ltd Key Financials

*All values are in ₹ Cr.

Bannari Amman Spinning Mills Ltd shareholding Pattern

Promoter
55.3%
Foreign Institutions
0.1%
Public
44.6%

Bannari Amman Spinning Mills Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
49.10
10Day EMA
49.90
12Day EMA
50.20
20Day EMA
50.80
26Day EMA
51.00
50Day EMA
50.90
100Day EMA
50.00
200Day EMA
49.30
Delivery & Volume
Resistance & Support
47.85
Pivot
Resistance
First Resistance
48.95
Second Resistance
50.95
Third Resistance
52.05
Support
First Support
45.85
Second support
44.75
Third Support
42.75
Relative Strength Index
36.31
Money Flow Index
45.55
MACD
-0.82
MACD Signal
-0.41
Average True Range
2.83
Average Directional Index
13.96
Rate of Change (21)
-18.06
Rate of Change (125)
-7.67

Bannari Amman Spinning Mills Ltd Company background

Founded in: 1989
Bannari Amman Spinning Mills Ltd, a part of Coimbatore based Bannari Amman Group, is engaged in manufacture of cotton yarn, woven and coated fabrics. The company is also engaged in wind power generation. They are having two spinning units near Dindigul, Tamilnadu with installed capacity of 1,37,232 spindles, Weaving Division near Palladam, Tamilnadu with installed capacity of 135 Looms, and Processing Technical Textiles near Annur, Tamilnadu with capacity to produce 24 lakh meters of coated fabric per year. The company has 4 windmills of 1250 KVA each totaling 5 MW in Radhapuram Taluk, Tirunelveli District, Tamilnadu and 23 Nos Windmills, each of 800 KW capacity totaling 18.40 MW capacity in Dharapuram Taluk, Tiruppur District and Palani Taluk, Dindigul District, Tamilnadu. The total installed capacity of Windmills is 23.40 MW. The whole of the power generated is captively consumed by the spinning units. The companys product range includes Ne 20/1, Ne 24/1, Ne 34/1 Ne 40/1 combed and carded knitting cotton yarn and caters to Tiruppur, Calcutta Kanpur markets. The mill exports 24% of the production to Israel, Mauritius, Egypt, Taiwan and South Korea. The spinning Mill has a manufacturer unit for bed linen, Mattress protector, Pillow protector and more products.Bannari Amman Spinning Mills Ltd was incorporated on July 10, 1989 with the name Shiva Textiles (CBT) Ltd. In September 14, 1986, the company commenced their commercial operations. In October 11, 1991, the name of the company was changed from Shiva Textiles (CBT) Ltd to Bannari Amman Spinning Mills Ltd. In January 1997, the company received their first export order. In October 2001, the company received the ISO 9001:2000 certifications from Det Norske Veritas. In the May 2002, the company was awarded a Certificate of Recognition as an Export House by the Joint Director General of Foreign Trade. In December 2004, the company set up their weaving division with an installed capacity of 28 looms. Also, they invested in captive power generation to meet their internal power requirements.During the year 200506, the company came out with a maiden public issue of 70,03,019 equity shares of Rs 10 each at a price of Rs 135 for cash at a premium aggregating to Rs 94.50 crore. The company shares were listed on the Bombay Stock Exchange and National Stock Exchange. During the year 200607, the company along with their associates, Shiva Texyarn Ltd entered into a joint venture agreement with Jacob Apparel Ltd and formed a new company, namely Bannari Amman Apparel Pvt Ltd to implement apparel project pursuant to the joint venture agreement. During the year 200708, the company completed the expansion project of an installed capacity of 108,000 spindles in the spinning division. They installed a coating unit with a capacity to produce 200,000 metres of coated fabric per month. They also installed a state of the art reactive polyurethane lamination system and is producing breathablewaterproof fabrics used in a variety of applications. They launched a retail product called Quick Dry for adult and child incontinence in domestic market.During the year 200809, the company increased the production capacity of Fabric from 128 looms to 135 looms. Also, they increased the production capacity of Wind Energy from 16200 KW to 23400 KW. The company installed 9 Windmills each of 800 KW capacity totaling 7.20 MW capacity near Pushpathur, Dindigul District, Tamilnadu. The company is installing 2 Nos of Enercon make windmills with a capacity of 800 KW each, aggregating 1.60 MW near Chinnapudur, Dharapuram Taluk and 3 Nos of Vestas make windmills with capacity of 1650 KW aggregating 4.95 MW in Kongalnagaram, Udumalpet Taluk, Tiruppur District, in order to meet the increased power requirements of Spinning Divisions.
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Bannari Amman Spinning Mills Ltd FAQs

Bannari Amman Spinning Mills Ltd shares are currently priced at 46.95 on NSE and 47.12 on BSE as of 2/27/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Bannari Amman Spinning Mills Ltd [BASML] share was 21.47. The Bannari Amman Spinning Mills Ltd [BASML] share hit a 1-year low of Rs. 34.15 and a 1-year high of Rs. 59.5.

The market cap of Bannari Amman Spinning Mills Ltd is Rs. 304.43 Cr. as of 2/27/2024 12:00:00 AM.

The PE ratios of Bannari Amman Spinning Mills Ltd is 0 as of 2/27/2024 12:00:00 AM.

The PB ratios of Bannari Amman Spinning Mills Ltd is 0.77 as of 2/27/2024 12:00:00 AM

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