Bannari Amman Spinning Mills (BASML) Share Price falls 10.26% as BASML trades at Rs 20.30
- October 8, 2026
- Posted by: Kunal Singla
- Category: News
Bannari Amman Spinning Mills Share Price is under pressure in latest trade, with BASML last traded at Rs 20.30, down 10.26% from the previous close of Rs 22.62. The company’s market capitalisation stands at Rs 183.82 crore, placing it in the Micro Cap category. According to latest Univest figures, the move is relevant because the stock has shifted sharply in a single session, while the latest Univest data also shows a compact valuation profile relative to parts of the textile universe. Bannari Amman Spinning Mills Share Price today is therefore being tracked not only for the decline itself, but also for how its fundamentals and sector comparison frame the move. In this BASML Share Price update, the immediate question is what the numbers show and what investors should watch next.
According to Univest data, the price event is confirmed, but no company-specific catalyst is established.
Bannari Amman Spinning Mills (BASML) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 20.3 |
| Previous Close | Rs 22.62 |
| Today's Move | -Rs 2.32 (-10.26%) |
| Open | Rs 22.62 |
| High | Rs 22.62 |
| Low | Rs 20 |
| Market Capitalisation | Rs 183.82 crore |
| Market Cap Category | Micro Cap |
Bannari Amman Spinning Mills Share Price opened at Rs 22.62, matched the day’s high at Rs 22.62, and then moved down to a low of Rs 20.00 before last trading at Rs 20.30. The fall of Rs 2.32, or 10.26%, was visible against a previous close of Rs 22.62 and reflects the full intraday range seen so far. Bannari Amman Spinning Mills Share Price today therefore shows a clear gap between the opening level and the latest trade, with the lower end of the range already tested. The market capitalisation of Rs 183.82 crore keeps BASML in the Micro Cap category, which is important context for a share price fall of this size. For readers following BASML Share Price Live updates, the key point is the extent of the move rather than any interpretation beyond the numbers.
For Bannari Amman Spinning Mills Share Price, the session structure is straightforward: the stock started at the previous close, stayed flat at the opening print, then eased to Rs 20.30. That is the factual price action picture available at this time. The next section of Bannari Amman Spinning Mills Share Price analysis looks at whether fundamentals and valuation add context to the decline.
Bannari Amman Spinning Mills (BASML) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 183.82 crore |
| P/E Ratio | 7.9x |
| P/B Ratio | 0.38x |
| ROE | 3.44% |
| ROCE | 7.4% |
| EPS | Rs 2.86 |
| Book Value Per Share | Rs 59.69 |
| Dividend Yield | 1.11% |
Bannari Amman Spinning Mills (BASML) fundamental metrics show P/E 7.9x, P/B 0.38x, ROE 3.44%, ROCE 7.4%. These figures provide context only and are not a buy or sell signal.
Bannari Amman Spinning Mills has a market capitalisation of Rs 183.82 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 7.9x, P/B at 0.38x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 3.44% and ROCE of 7.4%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 2.86, book value per share of Rs 59.69, dividend yield of 1.11%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 13.66x, median ROE of 1.6%, median ROCE of 5.45%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Textile |
| Industry | Textile – Spinning |
| Benchmark Scope | same industry |
| Company P/E Ratio | 7.9x |
| Benchmark Median P/E | 13.66x |
| Benchmark Average P/E | 32.76x |
| Benchmark P/E Range | 1.48x to 336.78x |
| Company P/B Ratio | 0.38x |
| Benchmark Median P/B | 0.78x |
| Benchmark Average P/B | 1.67x |
| Company ROE | 3.44% |
| Benchmark Median ROE | 1.6% |
| Benchmark Average ROE | 0.64% |
| Company ROCE | 7.4% |
| Benchmark Median ROCE | 5.45% |
| Benchmark Average ROCE | 7.39% |
| Company Market Capitalisation | Rs 183.82 crore |
| Benchmark Median Market Cap | Rs 67.58 crore |
| Benchmark Average Market Cap | Rs 520.72 crore |
Bannari Amman Spinning Mills (BASML) operates in the Textile sector, within the Textile – Spinning industry.
Bannari Amman Spinning Mills (BASML) has a P/E ratio of 7.9x, which is below the benchmark median of 13.66x, a difference of -42.17%. On its own, the P/E gap is a valuation reference point, not a trading call.
Bannari Amman Spinning Mills (BASML) has a ROE of 3.44%, which is above the benchmark median of 1.6%, a difference of +115%. Bannari Amman Spinning Mills (BASML) has a ROCE of 7.4%, which is above the benchmark median of 5.45%, a difference of +35.78%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Trident | TRIDENT | 11,496.48 | 28.77 | 2.31 | 8.03 | 9.95 |
| Filatex India | FILATEX | 4,929.05 | 25.9 | 3.19 | 12.95 | 17.15 |
| SANATHAN TEXTILES | SANATHAN | 4,449.36 | 72.51 | 2.33 | 4.21 | 7.09 |
| Nitin Spinners | NITINSPIN | 3,459.78 | 16.33 | 2.24 | 12.76 | 12.21 |
| GHCL Textiles | GHCLTEXTIL | 1,243.57 | 12.93 | 0.81 | 4.79 | 6.3 |
Bannari Amman Spinning Mills (BASML) has a P/E ratio of 7.9x compared with the displayed peer median of 25.9x. This peer read is a relative benchmark rather than a trading signal. Its ROE of 3.44% compares with a peer median of 8.03% across the companies shown in the table. ROCE stood at 7.4% versus the displayed peer median of 9.95%, providing a capital-efficiency comparison. Bannari Amman Spinning Mills (BASML) has a market capitalisation of Rs 183.82 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Bannari Amman Spinning Mills
- Bannari Amman Spinning Mills Share Price fell 10.26% and last traded at Rs 20.30, making the session move the first item on the checklist.
- The stock opened at Rs 22.62, touched a low of Rs 20.00 and stayed within that intraday range throughout the current trade window.
- The P/E ratio of 7.9 and P/B ratio of 0.38 keep Bannari Amman Spinning Mills Share Price on a low-multiple footing versus many textile peers.
- ROE of 3.44% and ROCE of 7.4% give a measured fundamental backdrop for BASML Share Price analysis.
- Sector comparison shows the company below the industry median on P/E and P/B, while remaining a micro cap with Rs 183.82 crore market capitalisation.
About Bannari Amman Spinning Mills
Bannari Amman Spinning Mills operates in the Textile sector and the Textile – Spinning industry. The business profile places it among listed spinning companies that are commonly compared on earnings multiples, book value and return ratios. Bannari Amman Spinning Mills Share Price is therefore watched alongside other textile names for how the market values the business relative to its earnings base and accounting net worth. On the latest Univest figures, the company’s identity in the market is defined more by its niche scale and sector positioning than by size alone. That is why BASML Share Price analysis typically combines price action with valuation and peer context.
Track Bannari Amman Spinning Mills Share Price on Univest
Use Bannari Amman Spinning Mills (BASML) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
You can track Bannari Amman Spinning Mills Share Price on Univest for live price updates, key fundamental ratios, 52-week levels and market insights in one place. Univest also helps readers compare BASML with textile peers, monitor valuation changes and follow company news in a structured format. For Bannari Amman Spinning Mills Share Price today, that makes it easier to place a single-day move beside longer-term financial context.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Bannari Amman Spinning Mills Share Price today?
Ans. Bannari Amman Spinning Mills Share Price last traded at Rs 20.30, down 10.26% from the previous close of Rs 22.62. The move came after the stock opened at the same level as the prior close and then moved lower during.
What was the day’s range for BASML Share Price?
Ans. BASML Share Price opened at Rs 22.62, touched a high of Rs 22.62 and a low of Rs 20.00, before last trading at Rs 20.30. That gives a clear picture of where Bannari Amman Spinning Mills Share Price traded within.
Is Bannari Amman Spinning Mills a Micro Cap stock?
Ans. Yes. Bannari Amman Spinning Mills has a market capitalisation of Rs 183.82 crore, and the market-cap category is Micro Cap. That size context is relevant when reading a double-digit Bannari Amman Spinning Mills Share Price fall.
What is Bannari Amman Spinning Mills Share Price valuation?
Ans. Bannari Amman Spinning Mills Share Price is supported by a P/E of 7.9 and a P/B of 0.38. EPS is Rs 2.86 and book value is Rs 59.69 per share, which provides basic valuation context.
How does BASML compare with textile peers?
Ans. BASML trades below the industry median on P/E and P/B, while its ROE of 3.44% and ROCE of 7.4% are within the peer set’s broad range. Peer names include Trident, Filatex India, Nitin Spinners and GHCL Textiles.
What does ROE and ROCE show for Bannari Amman Spinning Mills?
Ans. Bannari Amman Spinning Mills has ROE of 3.44% and ROCE of 7.4%. ROE reflects shareholder return on equity, while ROCE shows return generated on capital employed, both useful for Bannari Amman Spinning Mills Share Price analysis.
Does Bannari Amman Spinning Mills pay a dividend?
Ans. The dividend yield is 1.11%, which is the historical payout measure relative to the current price. For Bannari Amman Spinning Mills Share Price, that adds another layer to the valuation picture alongside EPS and book value.
Where can I track Bannari Amman Spinning Mills Share Price live?
Ans. Univest tracks Bannari Amman Spinning Mills Share Price with live updates, ratio snapshots, 52-week levels and peer context. It brings the current trade, company valuation and textile-sector comparison into one place for quicker review.
