Bannari Amman Spinning Mills Ltd (BASML) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 662332,
    "name": "Bannari Amm Spg.",
    "stock_name": "Bannari Amm Spg.",
    "full_name": "Bannari Amman Spinning Mills Ltd",
    "name_url": "stocks-analysis/bannari-amm-spg",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "26.65",
    "chg": -0.3,
    "chgp": "-1.11%",
    "dir": -1,
    "prev_price": "26.95",
    "mcapval": "219.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 532674,
    "symbol": "BASML",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "sector_id": 32,
    "indexname": "India SENSEX",
    "isin": "INE186H01022",
    "curr_date": "Jul 17, 03:30 PM",
    "curr_time": "10:25 AM",
    "last_traded_at": "Jul 17, 03:30 PM IST",
    "bse_nse_vol": "24.29 k",
    "exc_status": "Active",
    "traded_date": "Jul 17, 2026",
    "traded_date_str": "2026 07 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Bannari Amman Spinning Mills Ltd Downgraded to Sell Amid Weak Fundamentals and Mixed Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-downgraded-to-sell-amid-weak-fundamentals-and-mixed-technicals-4100233",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/BannariAmmanSpi_mojoScore_4100233.png",
        "date": "2026-07-14 08:31:58",
        "description": "Bannari Amman Spinning Mills Ltd, a micro-cap player in the Garments & Apparels sector, has seen its investment rating downgraded from Hold to Sell as of 13 July 2026. This change reflects a combination of deteriorating financial trends, subdued quality metrics, and a shift in technical indicators, despite some valuation appeal. The company’s Mojo Score now stands at 47.0, signalling caution for investors amid ongoing challenges."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd Upgraded to Hold on Technical Improvements and Valuation Appeal",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-upgraded-to-hold-on-technical-improvements-and-valuation-appeal-4094575",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/BannariAmmanSpi_mojoScore_4094575.png",
        "date": "2026-07-09 08:15:53",
        "description": "Bannari Amman Spinning Mills Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a nuanced improvement across technical indicators and valuation metrics despite ongoing challenges in financial trends and long-term fundamentals. The upgrade, effective from 08 Jul 2026, is primarily driven by a bullish shift in technicals and attractive valuation ratios, signalling cautious optimism for investors in this micro-cap garment and apparel stock."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd Forms Golden Cross Amid Mixed Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bannari-amman-spinning-mills-ltd-forms-golden-cross-signalling-potential-bullish-breakout-4092561",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/BannariAmmanSpi_goldencross_4092561.png",
        "date": "2026-07-07 18:00:24",
        "description": "The 50-day moving average for Bannari Amman Spinning Mills Ltd has crossed above the 200-day moving average, creating a golden cross on 7 Jul 2026. Yet, the broader technical and fundamental picture presents a nuanced scenario that tempers the enthusiasm such a crossover might typically inspire."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-4092202",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/BannariAmmanSpi_mojoScore_4092202.png",
        "date": "2026-07-07 10:10:40",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 07 July 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and overall outlook."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bannari-amman-spinning-mills-ltd-hits-lower-circuit-amid-heavy-selling-pressure-4084934",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/BannariAmmanSpi_stocks_hitting_lower_circuit_4084934.png",
        "date": "2026-07-02 11:00:15",
        "description": "At Rs 25.92, sellers were still queuing — but there were no buyers willing to take the other side. Bannari Amman Spinning Mills Ltd locked at its lower circuit of 4.99% on 2 Jul 2026, with unfilled sell orders and a frozen price, signalling a pronounced imbalance in supply and demand."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-4074081",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BannariAmmanSpi_mojoScore_4074081.png",
        "date": "2026-06-26 10:10:03",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 26 June 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-4054074",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BannariAmmanSpi_mojoScore_4054074.png",
        "date": "2026-06-15 10:11:14",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 15 June 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-4035806",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BannariAmmanSpi_mojoScore_4035806.png",
        "date": "2026-06-04 10:10:48",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 04 June 2026, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Are Bannari Amman Spinning Mills Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-bannari-amman-spinning-mills-ltd-latest-results-good-or-bad-4023817",
        "imagepath": "",
        "date": "2026-05-30 19:45:18",
        "description": "Bannari Amman Spinning Mills Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported consolidated net sales of ₹220.71 crores, reflecting an 8.24% sequential recovery after two quarters of decline. However, this figure still indicates a 2.13% decrease compared to the same quarter last year. The revenue growth suggests some stabilization in demand conditions, but it contrasts sharply with the company's profitability metrics.\n\nThe consolidated net profit for the quarter was ₹1.38 crores, which marks a significant decline of 38.94% from the previous quarter and a 25.00% decrease year-on-year. This represents the lowest quarterly profit in recent periods, raising concerns about the company's operational efficiency and cost management. The profit before tax also fell substantially, highlighting ongoing challenges in maintaining profitability.\n\nAdditio..."
      }
    ],
    "total": 164,
    "sid": "662332",
    "stock_news_url": "https://www.marketsmojo.com/news/bannari-amman-spinning-mills-662332"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "15-Jul-2026",
      "details": "Advertisement in Newspaper - Notice of AGM and E-Voting.",
      "source": "BSE"
    },
    {
      "caption": "Record Date Is Fixed For The Purpose Of Dividend As The Same Is Not Mentioned In Current Outcome Of The Board Meeting.",
      "datetime": "15-Jul-2026",
      "details": "Record date is fixed for the purpose of Dividend as the same is not mentioned in current outcome of the Board Meeting.",
      "source": "BSE"
    },
    {
      "caption": "Intimation Of Annual General Meeting Book Closure And Cut-Off Date For Remote E-Voting.",
      "datetime": "14-Jul-2026",
      "details": "Book Closure date for Annual General Meeting.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has declared <strong>12%</strong> dividend, ex-date: 16 Sep 22",
          "dt": "2022-09-16",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has announced <strong>5:10</strong> stock split, ex-date: 12 Feb 21",
          "dt": "2021-02-12",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has announced <strong>10:43</strong> rights issue, ex-date: 30 Apr 25",
          "dt": "2025-04-30",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Bannari Amman Spinning Mills Ltd Downgraded to Sell Amid Weak Fundamentals and Mixed Technicals

2026-07-14 08:31:58

Bannari Amman Spinning Mills Ltd, a micro-cap player in the Garments & Apparels sector, has seen its investment rating downgraded from Hold to Sell as of 13 July 2026. This change reflects a combination of deteriorating financial trends, subdued quality metrics, and a shift in technical indicators, despite some valuation appeal. The company’s Mojo Score now stands at 47.0, signalling caution for investors amid ongoing challenges.

Read full news article

Bannari Amman Spinning Mills Ltd Upgraded to Hold on Technical Improvements and Valuation Appeal

2026-07-09 08:15:53

Bannari Amman Spinning Mills Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a nuanced improvement across technical indicators and valuation metrics despite ongoing challenges in financial trends and long-term fundamentals. The upgrade, effective from 08 Jul 2026, is primarily driven by a bullish shift in technicals and attractive valuation ratios, signalling cautious optimism for investors in this micro-cap garment and apparel stock.

Read full news article

Bannari Amman Spinning Mills Ltd Forms Golden Cross Amid Mixed Technical Signals

2026-07-07 18:00:24

The 50-day moving average for Bannari Amman Spinning Mills Ltd has crossed above the 200-day moving average, creating a golden cross on 7 Jul 2026. Yet, the broader technical and fundamental picture presents a nuanced scenario that tempers the enthusiasm such a crossover might typically inspire.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-07-07 10:10:40

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 07 July 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and overall outlook.

Read full news article

Bannari Amman Spinning Mills Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight

2026-07-02 11:00:15

At Rs 25.92, sellers were still queuing — but there were no buyers willing to take the other side. Bannari Amman Spinning Mills Ltd locked at its lower circuit of 4.99% on 2 Jul 2026, with unfilled sell orders and a frozen price, signalling a pronounced imbalance in supply and demand.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-06-26 10:10:03

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 26 June 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-06-15 10:11:14

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 15 June 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-06-04 10:10:48

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 04 June 2026, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Are Bannari Amman Spinning Mills Ltd latest results good or bad?

2026-05-30 19:45:18

Bannari Amman Spinning Mills Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported consolidated net sales of ₹220.71 crores, reflecting an 8.24% sequential recovery after two quarters of decline. However, this figure still indicates a 2.13% decrease compared to the same quarter last year. The revenue growth suggests some stabilization in demand conditions, but it contrasts sharply with the company's profitability metrics. The consolidated net profit for the quarter was ₹1.38 crores, which marks a significant decline of 38.94% from the previous quarter and a 25.00% decrease year-on-year. This represents the lowest quarterly profit in recent periods, raising concerns about the company's operational efficiency and cost management. The profit before tax also fell substantially, highlighting ongoing challenges in maintaining profitability. Additio...

Read full news article

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