BALKRISIND

Balkrishna Industries Share Price

₹2,863.50 +38.8 (1.37%)

28 Dec, 2024 01:55

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Performance

  • Low
  • ₹2,825
  • High
  • ₹2,892
  • 52 Week Low
  • ₹2,194
  • 52 Week High
  • ₹3,375
  • Open Price₹2,830
  • Previous Close₹2,825
  • Volume189,148

Investment Returns

  • Over 1 Month + 3.66%
  • Over 3 Month -4.97%
  • Over 6 Month -9.83%
  • Over 1 Year + 13.86%
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Balkrishna Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 34
  • PEG Ratio
  • 0.6
  • Market Cap Cr
  • 55,356
  • P/B Ratio
  • 6.3
  • Average True Range
  • 68.35
  • EPS
  • 84.27
  • Dividend Yield
  • 0.6
  • MACD Signal
  • -2.33
  • RSI
  • 55.3
  • MFI
  • 56.59

Balkrishna Industries Financials

Balkrishna Industries Technicals

EMA & SMA

Current Price
₹2,863.50
+ 38.8 (1.37%)
pointer
  • stock-down_img
  • Bullish Moving Average 13
  • stock-up_img
  • Bearish Moving Average 3
  • 20 Day
  • ₹2,822.07
  • 50 Day
  • ₹2,846.40
  • 100 Day
  • ₹2,875.43
  • 200 Day
  • ₹2,826.13

Resistance and Support

2860.17 Pivot Speed
  • R3 2,962.33
  • R2 2,927.17
  • R1 2,895.33
  • S1 2,828.33
  • S2 2,793.17
  • S3 2,761.33

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Balkrishna Industries Ltd. (BKT) is a leading global manufacturer of off-highway tires, serving industries like agriculture, construction, and mining. With a strong international presence, BKT provides innovative, durable tires to over 160 countries worldwide.

Balkrishna Industries has an operating revenue of Rs. 10,090.57 Cr. on a trailing 12-month basis. An annual revenue de-growth of -3% needs improvement, Pre-tax margin of 21% is great, ROE of 16% is good. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 106 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Balkrishna Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-25 Quarterly Results & Interim Dividend
2024-08-09 Quarterly Results & Interim Dividend
2024-05-17 Audited Results & Final Dividend
2024-01-24 Quarterly Results & 3rd Interim Dividend
2023-10-21 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-11-02 INTERIM Rs.4.00 per share(200%)Second Interim Dividend
2024-08-20 INTERIM Rs.4.00 per share(200%)First Interim Dividend
2024-07-06 FINAL Rs.4.00 per share(200%)Final Dividend
2024-02-02 INTERIM Rs.4.00 per share(200%)Third Interim Dividend
2023-10-31 INTERIM Rs.4.00 per share(200%)Second Interim Dividend

Balkrishna Industries F&O

Balkrishna Industries Shareholding Pattern

58.29%
15.36%
6.92%
11.72%
0%
5.24%
2.47%

About Balkrishna Industries

  • NSE Symbol
  • BALKRISIND
  • BSE Symbol
  • 502355
  • Chairman & Managing Director
  • Mr. Arvind Poddar
  • ISIN
  • INE787D01026

Similar Stocks to Balkrishna Industries

Balkrishna Industries FAQs

Balkrishna Industries share price is ₹2,863 As on 28 December, 2024 | 01:41

The Market Cap of Balkrishna Industries is ₹55356.4 Cr As on 28 December, 2024 | 01:41

The P/E ratio of Balkrishna Industries is 34 As on 28 December, 2024 | 01:41

The PB ratio of Balkrishna Industries is 6.3 As on 28 December, 2024 | 01:41

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