Bannari Amman Spinning Mills Ltd (BASML.BO)
Bannari Amman Spinning Mills Ltd operates in the Manufacturing - Textiles industry of the Consumer Cyclical sector, headquartered in Coimbatore, TN, IN. The stock last traded at $24.70, down 1.12% on the session, giving a market capitalisation of $1.96B. Its beta of 0.11 implies it has historically moved less than the broad market.
Bannari Amman Spinning Mills Ltd (BASML) and its affiliated entities are active in the textile sector, serving both domestic Indian and global markets. The company's core activities encompass the production, distribution, and processing of a broad spectrum of textile products. These include cotton yarns, various woven and knitted fabrics, home furnishing items, and finished knitted garments. Furthermore, BASML extends its reach into retail, offering innerwear and activewear for men, women, and children through its proprietary BITZ brand. Founded in 1989, the firm's headquarters are located in Coimbatore, India. Bannari Amman Spinning Mills Ltd operates as a subsidiary of Murugan Enterprise Private Limited.
Bannari Amman Spinning Mills Ltd is most often compared with the following Consumer Cyclical names: