Bannari Amman Spinning Mills Ltd (BASML) Share Price Target 2026, 2027 upto 2030

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

Bannari Amman Spinning Mills Ltd. (BASML) belongs to the Consumer Cyclical sector and operates in the Textile Manufacturing industry. The stock closed at Rs. 25.75 on 08 July 2026. In this updated report, we will explore BASML 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 BASML 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. BASML's recent data shows a 5.10% one-month move, a 16.99% three-month move, and a -25.36% drawdown from its 12-month high area. Because recent volatility is high and model confidence is medium, these targets are best read as a forecast range rather than a single fixed price.

BASML Share Price Target 2026 to 2030: Quick View

Based on the latest forecast model, BASML's 2030 consensus base target is Rs. 52.12. The bear case stands near Rs. 26.46, while the bull case extends up to Rs. 86.33. For 2026, the year-end consensus base target is Rs. 30.70, with a forecast range of Rs. 24.53 to Rs. 38.65.

YearBear TargetBase TargetBull TargetBase Return From Latest Close
2026Rs. 24.53Rs. 30.70Rs. 38.6519.22%
2027Rs. 25.23Rs. 31.72Rs. 37.5323.18%
2028Rs. 25.60Rs. 37.44Rs. 49.5545.40%
2029Rs. 26.01Rs. 44.17Rs. 65.4071.53%
2030Rs. 26.46Rs. 52.12Rs. 86.33102.41%
Updated using price context available up to 2026-07-08. The target values are model-generated bear, base and bull ranges, not a recommendation to buy, sell or hold BASML.
Positive setup

BASML Forecast Verdict

Current trend
positive recent trend
above its 200-day average
2030 base target
Rs. 52.12
+102.41% from latest close
Model agreement
tight
2030 model gap: 0.00%

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

BASML Current Performance and 52-Week Position

Latest close
Rs. 25.75
Previous close: Rs. 26.02
Daily change
-1.04%
Price context as of 2026-07-08
12-month position
49.83%
middle part of its 12-month range
RSI 14
49.83
neutral momentum

BASML Price Recovery Tracker

MetricValueRead
12-month highRs. 34.50Reference high used for drawdown
12-month lowRs. 17.06Reference low used for range position
Drawdown from high-25.36%moderate drawdown
Move needed to regain 12-month high+33.98%Recovery required from latest close to previous high area
Move to 2026 base target+19.22%Near-term base case compared with latest close
Move to 2030 base target+102.41%Long-term consensus base case compared with latest close
Move to 2030 bear case+2.76%Downside scenario used in the long-term forecast range
SMA 50 status3.00%above its 50-day average
SMA 200 status2.59%above its 200-day average

Recent Closing Prices of BASML

DateCloseVolume
2026-07-08Rs. 25.75155,915
2026-07-07Rs. 26.1622,772
2026-07-06Rs. 26.7033,175
2026-07-03Rs. 26.2557,653
2026-07-02Rs. 25.92225,912
2026-07-01Rs. 27.35511,845
2026-06-30Rs. 28.05394,560

BASML Share Price Target 2026

BASML 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 BASMLRs. 24.37Rs. 24.37Rs. 24.37
February 2026 actual close for BASMLRs. 23.00Rs. 23.00Rs. 23.00
March 2026 actual close for BASMLRs. 17.07Rs. 17.07Rs. 17.07
April 2026 actual close for BASMLRs. 24.60Rs. 24.60Rs. 24.60
May 2026 actual close for BASMLRs. 25.37Rs. 25.37Rs. 25.37
June 2026 actual close for BASMLRs. 24.75Rs. 24.75Rs. 24.75
July 2026 target for BASMLRs. 23.43Rs. 25.09Rs. 27.27
August 2026 target for BASMLRs. 23.77Rs. 25.71Rs. 28.29
September 2026 target for BASMLRs. 23.27Rs. 26.19Rs. 30.05
October 2026 target for BASMLRs. 24.61Rs. 28.72Rs. 34.02
November 2026 target for BASMLRs. 24.57Rs. 29.71Rs. 36.33
December 2026 target for BASMLRs. 24.53Rs. 30.70Rs. 38.65

Summary of BASML Share Price Forecast for 2026

  • The initial price target for Bannari Amman Spinning Mills Ltd. in 2026 is projected near Rs. 25.09, with the forecast range starting from the first available model month. This starts below the latest close, keeping the early setup cautious.
  • The mid-year price target for Bannari Amman Spinning Mills Ltd. could reach Rs. 28.72 in the base case. The first-half move is stronger than the full-year average path, so this year is front-loaded in the forecast.
  • By the end of 2026, the price target for Bannari Amman Spinning Mills Ltd. is projected near Rs. 30.70 in the base case, while the bear-to-bull range stands between Rs. 24.53 and Rs. 38.65. The base path remains clearly positive, and the range is not unusually wide for this year.

BASML Share Price Target 2027

BASML 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 BASMLRs. 28.59Rs. 36.13Rs. 46.91
February 2027 target for BASMLRs. 29.13Rs. 37.75Rs. 50.08
March 2027 target for BASMLRs. 29.69Rs. 39.38Rs. 53.25
April 2027 target for BASMLRs. 30.23Rs. 41.00Rs. 56.41
May 2027 target for BASMLRs. 30.78Rs. 42.63Rs. 59.58
June 2027 target for BASMLRs. 31.33Rs. 44.25Rs. 62.74
July 2027 target for BASMLRs. 25.09Rs. 29.61Rs. 33.43
August 2027 target for BASMLRs. 25.12Rs. 30.02Rs. 34.22
September 2027 target for BASMLRs. 25.14Rs. 30.44Rs. 35.02
October 2027 target for BASMLRs. 25.17Rs. 30.86Rs. 35.84
November 2027 target for BASMLRs. 25.20Rs. 31.29Rs. 36.68
December 2027 target for BASMLRs. 25.23Rs. 31.72Rs. 37.53

Summary of BASML Share Price Forecast for 2027

  • The initial price target for Bannari Amman Spinning Mills Ltd. in 2027 is projected near Rs. 36.13, 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 Spinning Mills Ltd. could reach Rs. 44.25 in the base case. The first-half move is stronger than the full-year average path, so this year is front-loaded in the forecast.
  • By the end of 2027, the price target for Bannari Amman Spinning Mills Ltd. is projected near Rs. 31.72 in the base case, while the bear-to-bull range stands between Rs. 25.23 and Rs. 37.53. This makes the year cautious in the base case, with the bear scenario carrying more weight than usual.

How Much Could Your BASML Investment Be Worth?

Enter how much you have invested in Bannari Amman Spinning Mills 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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Base case value
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Bull case value
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This is a scenario calculator based on forecast targets, not a promise of return.

BASML Share Price Target 2028

BASML 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 BASMLRs. 25.26Rs. 32.17Rs. 38.41
February 2028 target for BASMLRs. 25.29Rs. 32.61Rs. 39.31
March 2028 target for BASMLRs. 25.32Rs. 33.07Rs. 40.23
April 2028 target for BASMLRs. 25.35Rs. 33.52Rs. 41.17
May 2028 target for BASMLRs. 25.38Rs. 33.99Rs. 42.14
June 2028 target for BASMLRs. 25.41Rs. 34.46Rs. 43.12
July 2028 target for BASMLRs. 25.44Rs. 34.94Rs. 44.13
August 2028 target for BASMLRs. 25.47Rs. 35.43Rs. 45.17
September 2028 target for BASMLRs. 25.50Rs. 35.92Rs. 46.22
October 2028 target for BASMLRs. 25.53Rs. 36.42Rs. 47.31
November 2028 target for BASMLRs. 25.57Rs. 36.92Rs. 48.41
December 2028 target for BASMLRs. 25.60Rs. 37.44Rs. 49.55

Summary of BASML Share Price Forecast for 2028

  • The initial price target for Bannari Amman Spinning Mills Ltd. in 2028 is projected near Rs. 32.17, 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 Spinning Mills Ltd. could reach Rs. 34.46 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 Spinning Mills Ltd. is projected near Rs. 37.44 in the base case, while the bear-to-bull range stands between Rs. 25.60 and Rs. 49.55. This points to a moderate upward base case rather than an aggressive one-way forecast.

BASML Share Price Target 2029

BASML 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 BASMLRs. 25.63Rs. 37.96Rs. 50.71
February 2029 target for BASMLRs. 25.66Rs. 38.48Rs. 51.89
March 2029 target for BASMLRs. 25.70Rs. 39.02Rs. 53.11
April 2029 target for BASMLRs. 25.73Rs. 39.56Rs. 54.35
May 2029 target for BASMLRs. 25.76Rs. 40.11Rs. 55.62
June 2029 target for BASMLRs. 25.80Rs. 40.67Rs. 56.92
July 2029 target for BASMLRs. 25.84Rs. 41.23Rs. 58.26
August 2029 target for BASMLRs. 25.87Rs. 41.80Rs. 59.62
September 2029 target for BASMLRs. 25.90Rs. 42.38Rs. 61.02
October 2029 target for BASMLRs. 25.94Rs. 42.97Rs. 62.44
November 2029 target for BASMLRs. 25.97Rs. 43.57Rs. 63.91
December 2029 target for BASMLRs. 26.01Rs. 44.17Rs. 65.40

Summary of BASML Share Price Forecast for 2029

  • The initial price target for Bannari Amman Spinning Mills Ltd. in 2029 is projected near Rs. 37.96, 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 Spinning Mills Ltd. could reach Rs. 40.67 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 Spinning Mills Ltd. is projected near Rs. 44.17 in the base case, while the bear-to-bull range stands between Rs. 26.01 and Rs. 65.40. This points to a moderate upward base case rather than an aggressive one-way forecast.

BASML Share Price Target 2030

BASML 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 BASMLRs. 26.05Rs. 44.79Rs. 66.93
February 2030 target for BASMLRs. 26.08Rs. 45.41Rs. 68.50
March 2030 target for BASMLRs. 26.12Rs. 46.04Rs. 70.10
April 2030 target for BASMLRs. 26.16Rs. 46.68Rs. 71.74
May 2030 target for BASMLRs. 26.19Rs. 47.33Rs. 73.42
June 2030 target for BASMLRs. 26.23Rs. 47.98Rs. 75.14
July 2030 target for BASMLRs. 26.27Rs. 48.65Rs. 76.90
August 2030 target for BASMLRs. 26.30Rs. 49.33Rs. 78.70
September 2030 target for BASMLRs. 26.34Rs. 50.01Rs. 80.54
October 2030 target for BASMLRs. 26.38Rs. 50.71Rs. 82.43
November 2030 target for BASMLRs. 26.42Rs. 51.41Rs. 84.35
December 2030 target for BASMLRs. 26.46Rs. 52.12Rs. 86.33

Summary of BASML Share Price Forecast for 2030

  • The initial price target for Bannari Amman Spinning Mills Ltd. in 2030 is projected near Rs. 44.79, 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 Spinning Mills Ltd. could reach Rs. 47.98 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 Spinning Mills Ltd. is projected near Rs. 52.12 in the base case, while the bear-to-bull range stands between Rs. 26.46 and Rs. 86.33. For 2030, the full range is more important than the single base number because long-horizon model uncertainty is higher.

BASML Historical Price and Possible Forecast Path

The chart below combines BASML'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.

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

Model Comparison for BASML Forecast

YearLightGBM BaseExtraTrees BaseConsensus BaseModel Gap
2026Rs. 29.16Rs. 32.25Rs. 30.7010.07% moderate
2027Rs. 31.72Rs. 31.72Rs. 31.720.00% tight
2028Rs. 37.44Rs. 37.44Rs. 37.440.00% tight
2029Rs. 44.17Rs. 44.17Rs. 44.170.00% tight
2030Rs. 52.12Rs. 52.12Rs. 52.120.00% tight

BASML Bear, Base and Bull Case Explained

Bear case

BASML bear case target is Rs. 26.46, which implies +2.76% from the latest close. This scenario matters more when trend recovery is slow or volatility remains high.

Base case

BASML base case target is Rs. 52.12, implying +102.41% from the latest close. This is the main consensus path between the conservative and optimistic ranges.

Bull case

BASML bull case target is Rs. 86.33, implying +235.26% from the latest close. This scenario needs stronger price follow-through and better market conditions than the base case.

How Strong Is the BASML 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 BASML from 2026 to 2030

  • 2026: The base target moves from Rs. 25.09 to Rs. 30.70, while the year-end range is Rs. 24.53 to Rs. 38.65.
  • 2027: The base target moves from Rs. 36.13 to Rs. 31.72, while the year-end range is Rs. 25.23 to Rs. 37.53.
  • 2028: The base target moves from Rs. 32.17 to Rs. 37.44, while the year-end range is Rs. 25.60 to Rs. 49.55.
  • 2029: The base target moves from Rs. 37.96 to Rs. 44.17, while the year-end range is Rs. 26.01 to Rs. 65.40.
  • 2030: The base target moves from Rs. 44.79 to Rs. 52.12, while the year-end range is Rs. 26.46 to Rs. 86.33.

What Is Driving the BASML Share Price Forecast?

  • Momentum: BASML has moved 5.10% over 1 month and 16.99% over 3 months, which makes the recent trend state positive recent trend.
  • Volatility: The volatility reading is 68.03%, so the forecast range is read with high volatility.
  • Price position: The stock is in the middle part of its 12-month range, with a -25.36% 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 BASML Forecast?

  • If BASML moves back above its 200-day average, the long-term setup can improve because the current SMA 200 status is above 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 high, 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 BASML Long-Term Target

The main uncertainty in the BASML share price target comes from the wide 2030 range, high 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 BASML Share Price Target

What is BASML share price target for 2030?

BASML share price target for 2030 has a consensus base case of Rs. 52.12. The bear case is Rs. 26.46, while the bull case is Rs. 86.33.

What is BASML share price target for 2026?

BASML share price target for 2026 has a year-end base target of Rs. 30.70, with a forecast range of Rs. 24.53 to Rs. 38.65.

Is the BASML forecast based on machine learning?

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

Can BASML reach Rs. 52.12 by 2030?

The 2030 base case shows Rs. 52.12, which is +102.41% from the latest close. This is a possible model scenario, not a guaranteed target.

What is the bear case target for BASML in 2030?

The bear case target for BASML in 2030 is Rs. 26.46, implying +2.76% from the latest close.

What is the bull case target for BASML in 2030?

The bull case target for BASML in 2030 is Rs. 86.33, implying +235.26% from the latest close.

Why does the BASML 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 BASML 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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