Bannari Amman Spinning Mills Ltd

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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 %
29.89% Gain from 52W Low
20.6
TTM PE Ratio
Negative PE TTM
-44.7
Price to Book Ratio
Below industry Median
0.7
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-0.6
RSI
RSI is mid-range
57.5
MFI
MFI is mid-range
60.5

Bannari Amman Spinning Mills Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Bannari Amman Spinning Mills Ltd shareholding Pattern

Promoter
55.3%
Public
44.6%
Promoter
55.3%
Foreign Institutions
0.1%
Public
44.6%
Promoter
55.3%
Foreign Institutions
0.2%
Public
44.5%
Promoter
55.3%
Foreign Institutions
0.1%
Public
44.6%
Promoter
55.3%
Foreign Institutions
0.1%
Public
44.6%
Promoter
55.3%
Foreign Institutions
0.1%
Public
44.5%

Bannari Amman Spinning Mills Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
15
Bearish Moving Averages
1
5Day EMA
48.30
10Day EMA
47.20
12Day EMA
46.90
20Day EMA
46.50
26Day EMA
46.50
50Day EMA
46.40
100Day EMA
46.70
200Day EMA
47.30
5Day SMA
48.70
10Day SMA
46.30
20Day SMA
45.40
30Day SMA
46.80
50Day SMA
46.60
100Day SMA
46.70
150Day SMA
47.90
200Day SMA
47.70
Delivery & Volume
Resistance & Support
49.01
Pivot
Resistance
First Resistance
49.60
Second Resistance
50.48
Third Resistance
51.07
Support
First Support
48.13
Second support
47.54
Third Support
46.66
Relative Strength Index
57.47
Money Flow Index
60.53
MACD
0.43
MACD Signal
-0.26
Average True Range
2.48
Average Directional Index
23.24
Rate of Change (21)
-0.59
Rate of Change (125)
3.97
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Lakshmi Mills Company Ltd.
-
-
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Maral Overseas Ltd.
302.82
44.8
102
Shri Dinesh Mills Ltd.
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-
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Bhilwara Technical Textiles Ltd.
-
-
-
Manomay Tex India Ltd.
-
-
-
Le Merite Exports Ltd.
-
-
-

Bannari Amman Spinning Mills Ltd Company background

Founded in: 1989
Managing director: S V Arumugam
Bannari Amman Spinning Mills Limited was incorporated on July 10, 1989 with the name Shiva Textiles (CBT) Limited . On October 11, 1991, the name of the company was changed from Shiva Textiles (CBT) Ltd to Bannari Amman Spinning Mills Limited. 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. The Companys principal line of business is manufacturing and marketing of Cotton Yarn, Woven and Knitted fabrics, Home Textiles, Knitted Garments and Processing of fabrics. The Company has 2 spinning units near Dindigul, Tamil Nadu with an installed capacity of 145440 spindles, Weaving and Home Textiles units at Karanampettai near Palladam with an installed capacity of 153 looms, Processingunit at SIPCOT, Perundurai with an installed capacity to process 5400 tonnes of fabric per annum, Knitting unit at Karanampettai near Palladam with installed capacity to produce 7200 tonnes of knitted fabric per annum, Garment units at Palladam Hitech weaving park and 27 Windmills with an installed capacity of 23.40 MW green power which is entirely used for captive consumption. 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 and Weaving Unit.In September 14, 1986, the company commenced their commercial operations. 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 meters 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. In 201011, the Company installed 9 Windmills each of 800 KW capacity totaling 7.20 MW capacity near Pushpathur, Dindigul District, Tamil Nadu and made them operational in 201112. In 201516, a new Garments project near Palladam, Tirupur District, Tamil Nadu became operational. In 201617, the Retail division of the Company set up under the brand name BITZ commenced operations.
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Bannari Amman Spinning Mills Ltd FAQs

The past 1-year return of Bannari Amman Spinning Mills Ltd [BASML] share was 2.62. The Bannari Amman Spinning Mills Ltd [BASML] share hit a 1-year low of Rs. 37.09 and a 1-year high of Rs. 59.87.

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