Banas Finance

Market Cap: Micro Cap
Industry: Finance/NBFC
ISIN: INE521L01030
NSEID:
BSEID: 509053

INR

8.27

0.2 (2.48%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 7.41 k

{
  "main_header": {
    "sid": 809121,
    "name": "Banas Finance",
    "stock_name": "Banas Finance",
    "full_name": "Banas Finance Ltd",
    "name_url": "stocks-analysis/banas-finance",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "8.27",
    "chg": 0.2,
    "chgp": "2.48%",
    "dir": 1,
    "prev_price": "8.07",
    "mcapval": "74.08 Cr",
    "mcap": "Micro Cap",
    "scripcode": 509053,
    "symbol": "",
    "ind_name": "Finance/NBFC",
    "ind_code": 5,
    "isin": "INE521L01030",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "01:14 AM",
    "bse_nse_vol": "7.41 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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  "news": {
    "results": [
      {
        "title": "Banas Finance Faces Continued Volatility Amid Weak Fundamentals and Market Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-amid-continued-decline-and-operating-losses-1578684",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/BanasFinance_priceRelatedfactors_776216.png",
        "date": "2025-03-25 10:06:17",
        "description": "Banas Finance has reached a new 52-week low, continuing a trend of underperformance in the finance/NBFC sector. Despite a significant increase in net sales, the company faces operating losses and negative EBITDA, contributing to its bearish technical outlook and a stark contrast to broader market performance."
      },
      {
        "title": "Banas Finance Faces Ongoing Challenges Amidst Sales Growth and Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-amid-broader-market-gains-and-sector-underperformance-1399896",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/BanasFinance_priceRelatedfactors_680383.png",
        "date": "2025-03-17 09:45:48",
        "description": "Banas Finance has hit a new 52-week low, reflecting a significant decline over the past year, contrasting with the Sensex's performance. Despite reporting strong sales growth, the company faces challenges with operating losses and a substantial drop in profits, contributing to a bearish market trend."
      },
      {
        "title": "Banas Finance Hits 52-Week Low Amidst Mixed Financial Performance Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-amid-significant-decline-and-poor-financial-performance-1400015",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/BanasFinance_priceRelatedfactors_680375.png",
        "date": "2025-03-17 09:45:45",
        "description": "Banas Finance has reached a new 52-week low, reflecting a significant decline over the past year. Despite reporting a notable increase in net sales and profit after tax, the company faces challenges with operating losses and negative EBITDA, contributing to a bearish trend in its stock performance."
      },
      {
        "title": "Banas Finance Hits 52-Week Low Amid Ongoing Financial Struggles and Market Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-amid-ongoing-financial-struggles-and-weak-performance-1400031",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/BanasFinance_priceRelatedfactors_680374.png",
        "date": "2025-03-17 09:45:44",
        "description": "Banas Finance has reached a new 52-week low, reflecting ongoing challenges in its market performance. The company faces operating losses and negative EBITDA, despite a notable quarterly sales increase. Its stock has consistently underperformed against benchmarks, indicating a precarious financial position amid broader market trends."
      },
      {
        "title": "Banas Finance Faces Increased Volatility Amid Broader Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-new-52-week-low-amid-ongoing-stock-decline-1178084",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/BanasFinance_priceRelatedfactors_563244.png",
        "date": "2025-03-03 15:10:58",
        "description": "Banas Finance has faced notable volatility, reaching a new 52-week low and continuing a downward trend. The stock has underperformed its sector significantly and is trading below key moving averages, reflecting bearish market sentiment. Over the past year, it has declined substantially compared to the Sensex."
      },
      {
        "title": "Banas Finance Faces Significant Price Pressures Amid Sustained Downward Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-amid-continued-stock-decline-and-underperformance-1109579",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/BanasFinance_priceRelatedfactors_512839.png",
        "date": "2025-02-25 10:35:26",
        "description": "Banas Finance, a microcap in the finance sector, has hit a new 52-week low, reflecting a significant downturn. The stock has underperformed its sector and is trading below all key moving averages. Over the past year, it has seen a substantial decline, contrasting with broader market gains."
      },
      {
        "title": "Banas Finance Hits 52-Week Low Amid Ongoing Market Struggles and Sector Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/banas-finance-hits-52-week-low-of-rs-8-81-amid-28-26-annual-decline-991113",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/BanasFinance_priceRelatedfactors_418296.png",
        "date": "2025-02-12 10:06:21",
        "description": "Banas Finance, a microcap in the finance and NBFC sector, has reached a new 52-week low, continuing a four-day decline. Despite outperforming its sector today, the stock has dropped 28.26% over the past year, trading below its moving averages, highlighting ongoing challenges in the market."
      }
    ],
    "total": 21,
    "sid": "809121",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/banas-finance-809121"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Director",
      "datetime": "28-Mar-2025",
      "details": "Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 (Listing Regulations) read with Para A of Part A of Schedule III to the Listing Regulations we wish to inform you that Mr. Chirag Goyal (DIN: 09013570) has tendered his resignation as an Independent Director of the Company with effect from March 28 2025 due to other professional commitments. Mr. Chirag Goyal confirmed that there is no material reason for his resignation other than mentioned in the letter. The details as required under schedule- III are attached as Annexure A along with draft resignation letter.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Mar-2025",
      "details": "Pursuant to the SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended from time to time) read with Companys code of conduct to Regulate Monitor and Report the trading by designated persons their immediate relatives and other insiders the trading window in respect of dealing in securities of Banas Finance Limited (the Company) will remain closed for the designated person their immediate relative and other insiders with effect from Tuesday 1st April 2025 till the expiry of 48 hours after the declaration of Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended 31st March 2025. In view of above all the concerned persons are advised not to deal (buy or sell) in securities of the Company during the said prohibited period. The date of Board Meeting will be intimated in due course.",
      "source": "BSE"
    },
    {
      "caption": "Revised Submission Of The Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months For The Quarter Ended 31St December 2024",
      "datetime": "12-Feb-2025",
      "details": "Revised submission of the unaudited Financial Result for quarter ended and None months ended on 31st December 2024",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Banas Finance Ltd has announced <strong>10:1</strong> stock split, ex-date: 29 Aug 17",
          "dt": "2017-08-29",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Banas Finance Ltd has announced <strong>1:1</strong> rights issue, ex-date: 26 Apr 24",
          "dt": "2024-04-26",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Banas Finance Faces Continued Volatility Amid Weak Fundamentals and Market Underperformance

2025-03-25 10:06:17

Banas Finance has reached a new 52-week low, continuing a trend of underperformance in the finance/NBFC sector. Despite a significant increase in net sales, the company faces operating losses and negative EBITDA, contributing to its bearish technical outlook and a stark contrast to broader market performance.

Banas Finance Faces Ongoing Challenges Amidst Sales Growth and Market Volatility

2025-03-17 09:45:48

Banas Finance has hit a new 52-week low, reflecting a significant decline over the past year, contrasting with the Sensex's performance. Despite reporting strong sales growth, the company faces challenges with operating losses and a substantial drop in profits, contributing to a bearish market trend.

Banas Finance Hits 52-Week Low Amidst Mixed Financial Performance Indicators

2025-03-17 09:45:45

Banas Finance has reached a new 52-week low, reflecting a significant decline over the past year. Despite reporting a notable increase in net sales and profit after tax, the company faces challenges with operating losses and negative EBITDA, contributing to a bearish trend in its stock performance.

Banas Finance Hits 52-Week Low Amid Ongoing Financial Struggles and Market Underperformance

2025-03-17 09:45:44

Banas Finance has reached a new 52-week low, reflecting ongoing challenges in its market performance. The company faces operating losses and negative EBITDA, despite a notable quarterly sales increase. Its stock has consistently underperformed against benchmarks, indicating a precarious financial position amid broader market trends.

Banas Finance Faces Increased Volatility Amid Broader Market Challenges

2025-03-03 15:10:58

Banas Finance has faced notable volatility, reaching a new 52-week low and continuing a downward trend. The stock has underperformed its sector significantly and is trading below key moving averages, reflecting bearish market sentiment. Over the past year, it has declined substantially compared to the Sensex.

Banas Finance Faces Significant Price Pressures Amid Sustained Downward Trend

2025-02-25 10:35:26

Banas Finance, a microcap in the finance sector, has hit a new 52-week low, reflecting a significant downturn. The stock has underperformed its sector and is trading below all key moving averages. Over the past year, it has seen a substantial decline, contrasting with broader market gains.

Banas Finance Hits 52-Week Low Amid Ongoing Market Struggles and Sector Challenges

2025-02-12 10:06:21

Banas Finance, a microcap in the finance and NBFC sector, has reached a new 52-week low, continuing a four-day decline. Despite outperforming its sector today, the stock has dropped 28.26% over the past year, trading below its moving averages, highlighting ongoing challenges in the market.

View All News

Announcement

Announcement under Regulation 30 (LODR)-Resignation of Director

28-Mar-2025 | Source : BSE

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 (Listing Regulations) read with Para A of Part A of Schedule III to the Listing Regulations we wish to inform you that Mr. Chirag Goyal (DIN: 09013570) has tendered his resignation as an Independent Director of the Company with effect from March 28 2025 due to other professional commitments. Mr. Chirag Goyal confirmed that there is no material reason for his resignation other than mentioned in the letter. The details as required under schedule- III are attached as Annexure A along with draft resignation letter.

Closure of Trading Window

26-Mar-2025 | Source : BSE

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended from time to time) read with Companys code of conduct to Regulate Monitor and Report the trading by designated persons their immediate relatives and other insiders the trading window in respect of dealing in securities of Banas Finance Limited (the Company) will remain closed for the designated person their immediate relative and other insiders with effect from Tuesday 1st April 2025 till the expiry of 48 hours after the declaration of Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended 31st March 2025. In view of above all the concerned persons are advised not to deal (buy or sell) in securities of the Company during the said prohibited period. The date of Board Meeting will be intimated in due course.