Algo version: 0.98b
Bannari Amman Spinning is listed at the NSE Exchange
Bannari Amman Spinning [BASML.NS]
NSE Sector: Consumer Cyclical Industry:Textile Manufacturing

Is Bannari Amman Spinning stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Bannari Amman Spinning pays dividends. Last time was Tuesday 25th of October 2022 where the investors holding the stock on Friday 16th of September 2022 were paid INR0.6 per share. Over the last 15 times between 2006 and 2022, Bannari Amman Spinning has paid INR15.748 with an average of INR1.05 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Bannari Amman Spinning 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR57.88, you would have made a profit of INR4.82 per share or 8.32%

Yes, the average daily trading liquidity for Bannari Amman Spinning is INR624 774 thousand. You should therefore be able to get in and out of your positions relatively fast.

Bannari Amman Spinning has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.14, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Bannari Amman Spinning to be medium [0.6 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.