Bannari Amman Sugars Ltd (BANARISUG) Share Price Target 2024, 2025, upto 2030

BANARISUG belongs to the Consumer Defensive sector and operates within the Confectioners industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore BANARISUG share price targets for 2024, 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.

To forecast the price of BANARISUG up to the year 2030, we will use a machine learning approach where the forecasted data is trained on the past performance. Bannari Amman Sugars Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss BANARISUG's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.

BANARISUG’s Performance Overview

Current Performance

Today 2024-12-23 shares of BANARISUG closed at ₹3658.9 which is ₹31.45 lower than its previous close of ₹3690.35. The company has been in mixed trend for the past one week.

Historical Performance

BANARISUG for Tomorrow

Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming year 2025 or even long-term targets up to 2030.

BANARISUG Share Price Target 2024

In the next 2 months, BANARISUG is expected to potentially reach ₹3,549.12, if the overall market performs well.

BANARISUG Share Price Target 2025

The share price of BANARISUG is expected to reach a value of Rs. 3312 by January 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Bannari Amman Sugars Ltd reach Rs 4386.47 by December 2025.

Summary of BANARISUG Share Price Forecast for 2025

• The initial price target for Bannari Amman Sugars Ltd in 2025 is projected to be ₹3,312.00.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹3,873.17.
• By the end of 2025, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹4,386.47, considering bullish market trends.

BANARISUG Share Price Target 2026

As per technical data, The minimum share price target of BANARISUG is expected to reach Rs. 4093.42 and the maximum value that shares of BANARISUG can reach is Rs. 5421.39.

Summary of BANARISUG Share Price Forecast for 2026

• The initial price target for Bannari Amman Sugars Ltd in 2026 is projected to be ₹4,093.42.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹4,786.98.
• By the end of 2026, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹5,421.39, considering bullish market trends.

BANARISUG Share Price Target 2027

Using Fibonacci projections, the estimated price target forecast for Bannari Amman Sugars Ltd (BANARISUG) in the first half of the year 2027 will be between ₹5059.19 - ₹5916.39. By the second half of 2027, the share price of BANARISUG may reach a maximum value of ₹6700.48.

Summary of BANARISUG Share Price Forecast for 2027

• The initial price target for Bannari Amman Sugars Ltd in 2027 is projected to be ₹5,059.19.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹5,916.39.
• By the end of 2027, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹6,700.48, considering bullish market trends.

BANARISUG Share Price Target 2028

Summary of BANARISUG Share Price Forecast for 2028

• The initial price target for Bannari Amman Sugars Ltd in 2028 is projected to be ₹6,252.82.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹7,312.27.
• By the end of 2028, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹8,281.35, considering bullish market trends.

BANARISUG Share Price Target 2029

Summary of BANARISUG Share Price Forecast for 2029

• The initial price target for Bannari Amman Sugars Ltd in 2029 is projected to be ₹7,728.08.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹9,037.48.
• By the end of 2029, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹10,235.20, considering bullish market trends.

BANARISUG Share Price Target 2030

Summary of BANARISUG Share Price Forecast for 2030

• The initial price target for Bannari Amman Sugars Ltd in 2030 is projected to be ₹9,551.39.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹11,169.73.
• By the end of 2030, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹12,650.03, considering bullish market trends.

BANARISUG Share Price Target 2031

Summary of BANARISUG Share Price Forecast for 2031

• The initial price target for Bannari Amman Sugars Ltd in 2031 is projected to be ₹11,804.89.
• With favorable market conditions, the mid-year price target for Bannari Amman Sugars Ltd could reach ₹13,805.05.
• By the end of 2031, the price target for Bannari Amman Sugars Ltd is expected to potentially reach ₹15,495.33, considering bullish market trends.

Key Takeaways from Forecasted Price for BANARISUG from 2024 to 2030

• In the next 2 months, BANARISUG is expected to potentially reach ₹3,549.12, if the overall market performs well.
• For Bannari Amman Sugars Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹3,873.17, followed by a steady climb to ₹4,386.47.
• In 2026, a temporary decline in early months for Bannari Amman Sugars Ltd is possible, with a recovery expected by mid-year, aiming for ₹4,786.98.
• Anticipating mixed trends for Bannari Amman Sugars Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹6,700.48.
• For 2028 and 2029, Bannari Amman Sugars Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
• By 2030, the cumulative impact of market dynamics could lead Bannari Amman Sugars Ltd to a substantial year-end target, surpassing previous expectations.

Final Words on Bannari Amman Sugars Ltd (BANARISUG) Share Price Target up to 2030

To summarize, we have presented BANARISUG share price target 2024, 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.

It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.

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