Bannari Amman Sugars Ltd (BANARISUG) Share Price Target 2026, 2027 upto 2030

04 Jan 2024 1 min read
BANARISUG share price target 2026 to 2030 summary with latest price and 2030 base target

Bannari Amman Sugars Ltd (BANARISUG) belongs to the Consumer Defensive sector and operates in the Confectioners industry. The stock closed at Rs. 3,500.00 on 09 July 2026. In this updated report, we will explore BANARISUG share price target for 2026, 2027, 2028, 2029 and 2030 using monthly target data, year-end target ranges, and current technical trends.

For long-term BANARISUG share price forecast up to 2030, we use multiple ML-based models instead of a single fixed projection. The forecast combines LightGBM quantile regression and ExtraTrees quantile forest to produce bear, base and bull ranges. BANARISUG's recent data shows a -2.78% one-month move, a -3.10% three-month move, and a -10.97% drawdown from its 12-month high area. Because recent volatility is low and model confidence is high, these targets are best read as a forecast range rather than a single fixed price.

BANARISUG Share Price Target 2026 to 2030: Quick View

Based on the latest forecast model, BANARISUG's 2030 consensus base target is Rs. 7,687.09. The bear case stands near Rs. 3,310.60, while the bull case extends up to Rs. 12,483.95. For 2026, the year-end consensus base target is Rs. 3,958.03, with a forecast range of Rs. 3,650.54 to Rs. 4,607.27.

YearBear TargetBase TargetBull TargetBase Return From Latest Close
2026Rs. 3,650.54Rs. 3,958.03Rs. 4,607.2713.09%
2027Rs. 3,475.41Rs. 4,678.60Rs. 5,499.1233.67%
2028Rs. 3,395.28Rs. 5,520.75Rs. 7,227.2357.74%
2029Rs. 3,341.09Rs. 6,514.48Rs. 9,498.5686.13%
2030Rs. 3,310.60Rs. 7,687.09Rs. 12,483.95119.63%
Updated using price context available up to 2026-07-09. The target values are model-generated bear, base and bull ranges, not a recommendation to buy, sell or hold BANARISUG.
Cautious setup

BANARISUG Forecast Verdict

Current trend
weak recent trend
below its 200-day average
2030 base target
Rs. 7,687.09
+119.63% from latest close
Model agreement
tight
2030 model gap: 0.00%

BANARISUG is currently classified as a cautious setup because the recent trend is weak recent trend, the stock is on the middle part of its 12-month range, and the 2030 forecast range is wide.

BANARISUG Current Performance and 52-Week Position

Latest close
Rs. 3,500.00
Previous close: Rs. 3,476.00
Daily change
0.69%
Price context as of 2026-07-09
12-month position
47.80%
middle part of its 12-month range
RSI 14
45.55
neutral momentum

BANARISUG Price Recovery Tracker

MetricValueRead
12-month highRs. 3,931.10Reference high used for drawdown
12-month lowRs. 3,105.20Reference low used for range position
Drawdown from high-10.97%moderate drawdown
Move needed to regain 12-month high+12.32%Recovery required from latest close to previous high area
Move to 2026 base target+13.09%Near-term base case compared with latest close
Move to 2030 base target+119.63%Long-term consensus base case compared with latest close
Move to 2030 bear case-5.41%Downside scenario used in the long-term forecast range
SMA 50 status-2.18%below its 50-day average
SMA 200 status-2.49%below its 200-day average

Recent Closing Prices of BANARISUG

DateCloseVolume
2026-07-09Rs. 3,500.00118
2026-07-08Rs. 3,475.0052
2026-07-07Rs. 3,475.0051
2026-07-06Rs. 3,475.0043
2026-07-03Rs. 3,499.90253
2026-07-02Rs. 3,490.50138
2026-07-01Rs. 3,475.00673

BANARISUG Share Price Target 2026

BANARISUG share price target for 2026 is shown below with bear, base and bull scenarios for each month.

MonthBear TargetBase TargetBull Target
January 2026 actual close for BANARISUGRs. 3,596.80Rs. 3,596.80Rs. 3,596.80
February 2026 actual close for BANARISUGRs. 3,610.00Rs. 3,610.00Rs. 3,610.00
March 2026 actual close for BANARISUGRs. 3,582.00Rs. 3,582.00Rs. 3,582.00
April 2026 actual close for BANARISUGRs. 3,725.40Rs. 3,725.40Rs. 3,725.40
May 2026 actual close for BANARISUGRs. 3,600.00Rs. 3,600.00Rs. 3,600.00
June 2026 actual close for BANARISUGRs. 3,650.00Rs. 3,650.00Rs. 3,650.00
July 2026 target for BANARISUGRs. 3,562.11Rs. 3,660.93Rs. 3,792.95
August 2026 target for BANARISUGRs. 3,588.85Rs. 3,718.27Rs. 3,932.18
September 2026 target for BANARISUGRs. 3,558.28Rs. 3,752.39Rs. 4,073.28
October 2026 target for BANARISUGRs. 3,650.36Rs. 3,855.36Rs. 4,288.18
November 2026 target for BANARISUGRs. 3,650.45Rs. 3,906.70Rs. 4,447.73
December 2026 target for BANARISUGRs. 3,650.54Rs. 3,958.03Rs. 4,607.27

Summary of BANARISUG Share Price Forecast for 2026

  • The initial price target for Bannari Amman Sugars Ltd in 2026 is projected near Rs. 3,660.93, with the forecast range starting from the first available model month. This starts the forecast above the latest close, so the model assumes early follow-through.
  • The mid-year price target for Bannari Amman Sugars Ltd could reach Rs. 3,855.36 in the base case. The first-half movement is steady, with no sharp jump between the opening and mid-year targets.
  • By the end of 2026, the price target for Bannari Amman Sugars Ltd is projected near Rs. 3,958.03 in the base case, while the bear-to-bull range stands between Rs. 3,650.54 and Rs. 4,607.27. This points to a moderate upward base case rather than an aggressive one-way forecast.

BANARISUG Share Price Target 2027

BANARISUG share price target for 2027 is shown below with bear, base and bull scenarios for each month.

MonthBear TargetBase TargetBull Target
January 2027 target for BANARISUGRs. 3,655.22Rs. 4,195.34Rs. 5,052.60
February 2027 target for BANARISUGRs. 3,655.97Rs. 4,273.24Rs. 5,252.97
March 2027 target for BANARISUGRs. 3,656.72Rs. 4,351.14Rs. 5,453.34
April 2027 target for BANARISUGRs. 3,657.47Rs. 4,429.05Rs. 5,653.71
May 2027 target for BANARISUGRs. 3,658.21Rs. 4,506.95Rs. 5,854.07
June 2027 target for BANARISUGRs. 3,658.95Rs. 4,584.86Rs. 6,054.45
July 2027 target for BANARISUGRs. 3,517.06Rs. 4,366.82Rs. 4,907.35
August 2027 target for BANARISUGRs. 3,508.32Rs. 4,427.47Rs. 5,020.38
September 2027 target for BANARISUGRs. 3,499.80Rs. 4,488.96Rs. 5,136.01
October 2027 target for BANARISUGRs. 3,491.47Rs. 4,551.30Rs. 5,254.30
November 2027 target for BANARISUGRs. 3,483.34Rs. 4,614.51Rs. 5,375.32
December 2027 target for BANARISUGRs. 3,475.41Rs. 4,678.60Rs. 5,499.12

Summary of BANARISUG Share Price Forecast for 2027

  • The initial price target for Bannari Amman Sugars Ltd in 2027 is projected near Rs. 4,195.34, with the forecast range starting from the first available model month. This opens above the previous year-end base target, showing continuation in the consensus path.
  • The mid-year price target for Bannari Amman Sugars Ltd could reach Rs. 4,584.86 in the base case. The first-half movement is steady, with no sharp jump between the opening and mid-year targets.
  • By the end of 2027, the price target for Bannari Amman Sugars Ltd is projected near Rs. 4,678.60 in the base case, while the bear-to-bull range stands between Rs. 3,475.41 and Rs. 5,499.12. This points to a moderate upward base case rather than an aggressive one-way forecast.

How Much Could Your BANARISUG Investment Be Worth?

Enter how much you have invested in Bannari Amman Sugars Ltd; the default value is Rs. 1,00,000, and the calculator estimates what that amount could become under the bear, base and bull forecast scenarios.

Estimated quantity at latest close: -- shares. Change the amount or year to compare possible return ranges.

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This is a scenario calculator based on forecast targets, not a promise of return.

BANARISUG Share Price Target 2028

BANARISUG share price target for 2028 is shown below with bear, base and bull scenarios for each month.

MonthBear TargetBase TargetBull Target
January 2028 target for BANARISUGRs. 3,467.68Rs. 4,743.58Rs. 5,625.78
February 2028 target for BANARISUGRs. 3,460.15Rs. 4,809.46Rs. 5,755.36
March 2028 target for BANARISUGRs. 3,452.82Rs. 4,876.25Rs. 5,887.93
April 2028 target for BANARISUGRs. 3,445.66Rs. 4,943.98Rs. 6,023.55
May 2028 target for BANARISUGRs. 3,438.72Rs. 5,012.64Rs. 6,162.28
June 2028 target for BANARISUGRs. 3,431.95Rs. 5,082.26Rs. 6,304.22
July 2028 target for BANARISUGRs. 3,425.38Rs. 5,152.84Rs. 6,449.43
August 2028 target for BANARISUGRs. 3,418.99Rs. 5,224.41Rs. 6,597.98
September 2028 target for BANARISUGRs. 3,412.78Rs. 5,296.97Rs. 6,749.96
October 2028 target for BANARISUGRs. 3,406.77Rs. 5,370.53Rs. 6,905.43
November 2028 target for BANARISUGRs. 3,400.94Rs. 5,445.12Rs. 7,064.50
December 2028 target for BANARISUGRs. 3,395.28Rs. 5,520.75Rs. 7,227.23

Summary of BANARISUG Share Price Forecast for 2028

  • The initial price target for Bannari Amman Sugars Ltd in 2028 is projected near Rs. 4,743.58, with the forecast range starting from the first available model month. This opens above the previous year-end base target, showing continuation in the consensus path.
  • The mid-year price target for Bannari Amman Sugars Ltd could reach Rs. 5,082.26 in the base case. The first-half movement is steady, with no sharp jump between the opening and mid-year targets.
  • By the end of 2028, the price target for Bannari Amman Sugars Ltd is projected near Rs. 5,520.75 in the base case, while the bear-to-bull range stands between Rs. 3,395.28 and Rs. 7,227.23. This points to a moderate upward base case rather than an aggressive one-way forecast.

BANARISUG Share Price Target 2029

BANARISUG share price target for 2029 is shown below with bear, base and bull scenarios for each month.

MonthBear TargetBase TargetBull Target
January 2029 target for BANARISUGRs. 3,389.81Rs. 5,597.42Rs. 7,393.69
February 2029 target for BANARISUGRs. 3,384.51Rs. 5,675.16Rs. 7,564.01
March 2029 target for BANARISUGRs. 3,379.39Rs. 5,753.98Rs. 7,738.24
April 2029 target for BANARISUGRs. 3,374.45Rs. 5,833.89Rs. 7,916.49
May 2029 target for BANARISUGRs. 3,369.68Rs. 5,914.92Rs. 8,098.84
June 2029 target for BANARISUGRs. 3,365.09Rs. 5,997.07Rs. 8,285.40
July 2029 target for BANARISUGRs. 3,360.66Rs. 6,080.36Rs. 8,476.26
August 2029 target for BANARISUGRs. 3,356.41Rs. 6,164.80Rs. 8,671.51
September 2029 target for BANARISUGRs. 3,352.33Rs. 6,250.42Rs. 8,871.26
October 2029 target for BANARISUGRs. 3,348.41Rs. 6,337.23Rs. 9,075.61
November 2029 target for BANARISUGRs. 3,344.66Rs. 6,425.25Rs. 9,284.67
December 2029 target for BANARISUGRs. 3,341.09Rs. 6,514.48Rs. 9,498.56

Summary of BANARISUG Share Price Forecast for 2029

  • The initial price target for Bannari Amman Sugars Ltd in 2029 is projected near Rs. 5,597.42, with the forecast range starting from the first available model month. This opens above the previous year-end base target, showing continuation in the consensus path.
  • The mid-year price target for Bannari Amman Sugars Ltd could reach Rs. 5,997.07 in the base case. The range is wide by mid-year, so the base target should be read with the lower and upper scenarios.
  • By the end of 2029, the price target for Bannari Amman Sugars Ltd is projected near Rs. 6,514.48 in the base case, while the bear-to-bull range stands between Rs. 3,341.09 and Rs. 9,498.56. This points to a moderate upward base case rather than an aggressive one-way forecast.

BANARISUG Share Price Target 2030

BANARISUG share price target for 2030 is shown below with bear, base and bull scenarios for each month.

MonthBear TargetBase TargetBull Target
January 2030 target for BANARISUGRs. 3,337.67Rs. 6,604.96Rs. 9,717.36
February 2030 target for BANARISUGRs. 3,334.41Rs. 6,696.69Rs. 9,941.22
March 2030 target for BANARISUGRs. 3,331.32Rs. 6,789.70Rs. 10,170.22
April 2030 target for BANARISUGRs. 3,328.39Rs. 6,884.00Rs. 10,404.51
May 2030 target for BANARISUGRs. 3,325.62Rs. 6,979.60Rs. 10,644.19
June 2030 target for BANARISUGRs. 3,323.01Rs. 7,076.54Rs. 10,889.40
July 2030 target for BANARISUGRs. 3,320.55Rs. 7,174.82Rs. 11,140.26
August 2030 target for BANARISUGRs. 3,318.24Rs. 7,274.47Rs. 11,396.89
September 2030 target for BANARISUGRs. 3,316.10Rs. 7,375.50Rs. 11,659.44
October 2030 target for BANARISUGRs. 3,314.11Rs. 7,477.93Rs. 11,928.05
November 2030 target for BANARISUGRs. 3,312.28Rs. 7,581.79Rs. 12,202.83
December 2030 target for BANARISUGRs. 3,310.60Rs. 7,687.09Rs. 12,483.95

Summary of BANARISUG Share Price Forecast for 2030

  • The initial price target for Bannari Amman Sugars Ltd in 2030 is projected near Rs. 6,604.96, with the forecast range starting from the first available model month. This opens above the previous year-end base target, showing continuation in the consensus path.
  • The mid-year price target for Bannari Amman Sugars Ltd could reach Rs. 7,076.54 in the base case. The range is wide by mid-year, so the base target should be read with the lower and upper scenarios.
  • By the end of 2030, the price target for Bannari Amman Sugars Ltd is projected near Rs. 7,687.09 in the base case, while the bear-to-bull range stands between Rs. 3,310.60 and Rs. 12,483.95. For 2030, the full range is more important than the single base number because long-horizon model uncertainty is higher.

BANARISUG Historical Price and Possible Forecast Path

The chart below combines BANARISUG's available monthly closing history with possible bear, base and bull forecast paths up to 2030. Once the latest page data is regenerated, the history section can show up to five years of month-end closes. The shaded area marks the forecast period, so the future section should be read as scenario data, not a confirmed price path.

BANARISUG forecast range from 2026 to 2030 showing bear base and bull case targets

Model Comparison for BANARISUG Forecast

YearLightGBM BaseExtraTrees BaseConsensus BaseModel Gap
2026Rs. 3,703.44Rs. 4,212.63Rs. 3,958.0312.86% moderate
2027Rs. 4,678.60Rs. 4,678.60Rs. 4,678.600.00% tight
2028Rs. 5,520.75Rs. 5,520.75Rs. 5,520.750.00% tight
2029Rs. 6,514.48Rs. 6,514.48Rs. 6,514.480.00% tight
2030Rs. 7,687.09Rs. 7,687.09Rs. 7,687.090.00% tight

BANARISUG Bear, Base and Bull Case Explained

Bear case

BANARISUG bear case target is Rs. 3,310.60, which implies -5.41% from the latest close. This scenario matters more when trend recovery is slow or volatility remains low.

Base case

BANARISUG base case target is Rs. 7,687.09, implying +119.63% from the latest close. This is the main consensus path between the conservative and optimistic ranges.

Bull case

BANARISUG bull case target is Rs. 12,483.95, implying +256.68% from the latest close. This scenario needs stronger price follow-through and better market conditions than the base case.

How Strong Is the BANARISUG Forecast Agreement?

For 2030, the model gap between LightGBM and ExtraTrees is 0.00%, which is classified as tight agreement. A tight gap means both models are reading the long-term setup similarly, while a wide gap means the final target should be read with more caution.

Key Takeaways from Forecasted Price for BANARISUG from 2026 to 2030

  • 2026: The base target moves from Rs. 3,660.93 to Rs. 3,958.03, while the year-end range is Rs. 3,650.54 to Rs. 4,607.27.
  • 2027: The base target moves from Rs. 4,195.34 to Rs. 4,678.60, while the year-end range is Rs. 3,475.41 to Rs. 5,499.12.
  • 2028: The base target moves from Rs. 4,743.58 to Rs. 5,520.75, while the year-end range is Rs. 3,395.28 to Rs. 7,227.23.
  • 2029: The base target moves from Rs. 5,597.42 to Rs. 6,514.48, while the year-end range is Rs. 3,341.09 to Rs. 9,498.56.
  • 2030: The base target moves from Rs. 6,604.96 to Rs. 7,687.09, while the year-end range is Rs. 3,310.60 to Rs. 12,483.95.

What Is Driving the BANARISUG Share Price Forecast?

  • Momentum: BANARISUG has moved -2.78% over 1 month and -3.10% over 3 months, which makes the recent trend state weak recent trend.
  • Volatility: The volatility reading is 16.34%, so the forecast range is read with low volatility.
  • Price position: The stock is in the middle part of its 12-month range, with a -10.97% drawdown from the recent high.
  • Model agreement: The model comparison table shows whether LightGBM and ExtraTrees are close or wide for the long-term base target.

What Can Change the BANARISUG Forecast?

  • If BANARISUG moves back above its 200-day average, the long-term setup can improve because the current SMA 200 status is below its 200-day average.
  • If the stock fails to recover from the middle part of its 12-month range, the bear case becomes more relevant than the base case.
  • If volatility stays low, the forecast range can remain wide even when the base target moves higher.
  • If future model batches reduce the 0.00% 2030 model gap, the long-term target range may become easier to interpret.

Risks and Uncertainty in BANARISUG Long-Term Target

The main uncertainty in the BANARISUG share price target comes from the wide 2030 range, low volatility, and tight model agreement. Long-term forecasts can change materially when new price history, trend data or volatility data is added to the model.

Methodology

The forecast on this page is generated from historical price and technical data. The first model uses LightGBM quantile regression to estimate bear, base and bull return ranges. The second model uses an ExtraTrees quantile-forest style approach, where the distribution of tree predictions is converted into bear, base and bull scenarios. The consensus target is the blended output of both approaches.

The model uses features such as 1-month, 3-month, 6-month and 12-month returns, volatility, drawdown, position in the recent price range, volume behaviour, RSI and moving-average distance. The output should be read as a scenario range. Long-term values become less certain as the forecast moves further from the latest price date.

FAQs on BANARISUG Share Price Target

What is BANARISUG share price target for 2030?

BANARISUG share price target for 2030 has a consensus base case of Rs. 7,687.09. The bear case is Rs. 3,310.60, while the bull case is Rs. 12,483.95.

What is BANARISUG share price target for 2026?

BANARISUG share price target for 2026 has a year-end base target of Rs. 3,958.03, with a forecast range of Rs. 3,650.54 to Rs. 4,607.27.

Is the BANARISUG forecast based on machine learning?

Yes. The forecast uses LightGBM quantile regression and ExtraTrees quantile forest, then shows a consensus range.

Can BANARISUG reach Rs. 7,687.09 by 2030?

The 2030 base case shows Rs. 7,687.09, which is +119.63% from the latest close. This is a possible model scenario, not a guaranteed target.

What is the bear case target for BANARISUG in 2030?

The bear case target for BANARISUG in 2030 is Rs. 3,310.60, implying -5.41% from the latest close.

What is the bull case target for BANARISUG in 2030?

The bull case target for BANARISUG in 2030 is Rs. 12,483.95, implying +256.68% from the latest close.

Why does the BANARISUG forecast range matter?

The forecast range matters because the 2030 range is wide and the model agreement is tight. A wider range means the long-term estimate has more uncertainty.

Is this BANARISUG target a buy or sell recommendation?

No. These targets are scenario-based forecasts generated from price and technical data. They should not be treated as a buy, sell or hold recommendation.

About the author

Pranay

Senior Researcher and Editor

Pranay is the co-founder of DailyBulls.in, a trader-focused market research and learning platform, and OIHelper.com, a platform focused on open interest analysis. He has 5+ years of experience following Indian markets, with core interests in technical analysis, stock screeners, open interest analysis, and structured research workflows.He is also a coder and spends much of his time building custom stock screeners, research tools, and AI-assisted workflows that help organize market data, improve research efficiency, and make technical learning more practical for traders and market learners. Through DailyBulls.in, he shares educational content, research-driven articles, and workflow ideas built around technical analysis, market behavior, and data-backed learning.His work has also been referenced in academic publishing, including an MDPI-published paper in the Journal of Risk and Financial Management.

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