₹2429.9▲1.41%
1.31%
Low
Day's Volatility:3.29%
High
1.98%
14.93%
Low
52 Weeks Volatility:29.97%
High
15.05%
Returns % | |
1 Month Return | 6.35 % |
3 Month Return | -0.27 % |
1 Year Return | 15 % |
Market Stats | |
Previous Close | ₹2,396.00 |
Open | ₹2,398.65 |
Volume | 3.78L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹46,974.14Cr |
based on 20 analysts
Based on 20 analysts offering long term price targets for Balkrishna Industries Ltd. An average target of ₹2465.5
Source: S&P Global Market Intelligence
Organisation | Balkrishna Industries Ltd |
Headquarters | Mumbai |
Industry | Tyres |
E-voting on shares | Click here to vote |
Key events for Balkrishna Industries Ltd
Balkrishna Industries' returns on capital employed (ROCE) have fallen from 20% to 15% in the last five years. The company has been employing more capital without a corresponding improvement in sales in the last year. However, the stock has delivered a 200% gain to shareholders who have held over the last five years.
Balkrishna Industries' Financials Strong Despite Recent Decline; BKT Becomes KKR's Principal Partner in IPL 2024 - 10 Apr, 2024
Despite an 8.2% decline in its stock over the past three months, Balkrishna Industries' strong financials suggest a potential long-term increase in value. Meanwhile, BKT has been confirmed as the principal partner for Kolkata Knight Riders in IPL 2024, which may provide good visibility and exposure to the brand.
Balkrishna Industries Ltd Up 1.41% on NSE - 08 Apr, 2024
Balkrishna Industries Ltd is up 1.41% on the NSE, trading at Rs 2438.5 as of 12:49 IST. The stock has gained 22.49% in the last year compared to a 28.67% gain in NIFTY and a 74.95% gain in the Nifty Auto index. The PE ratio based on TTM earnings ending December 23 is 38.34.
Fundamentals of Balkrishna Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 14.01% to 14.63% in Mar 2024 quarter
Against Peers
In the last 1 year, JK Tyre & Industries Ltd has given 132.6% return, outperforming this stock by 117.6%
Against Peers
In the last 3 years, JK Tyre & Industries Ltd has given 245.1% return, outperforming this stock by 208.8%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.29% of holdings in Mar 2024 quarter
Price Dip
In the last 6 months, BALKRISIND stock has moved down by -5.0%
Retail Holding Down
Retail Investor have decreased holdings from 7.60% to 7.38% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 347.44 Cr → 305.42 Cr (in ₹), with an average decrease of 12.1% per quarter
Revenue Fall
Revenue is down for the last 2 quarters, 2.36K Cr → 2.34K Cr (in ₹), with an average decrease of 0.9% per quarter
FII Holding Down
Foreign Institutions have decreased holdings from 12.69% to 12.24% in Mar 2024 quarter
Balkrishna Industries Ltd in the last 5 years
Lowest (15.39x)
March 23, 2020
Today (37.74x)
April 30, 2024
Industry (60.43x)
April 30, 2024
Highest (48.97x)
November 16, 2023
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 58.29% | 0.00 | |
Foreign Institutions | 12.24% | 0.00 | |
Mutual Funds | 14.63% | 0.00 | |
Retail Investors | 7.38% | 0.00 | |
Others | 7.46% | 0.00 |
Technicals of Balkrishna Industries Ltd share
News & Events of Balkrishna Industries Ltd
Balkrishna Industries Ltd (BALKRISIND) share price today is ₹2429.9
Balkrishna Industries Ltd is listed on NSE
Balkrishna Industries Ltd is listed on BSE
PE Ratio of Balkrishna Industries Ltd is 37.74
PE ratio = Balkrishna Industries Ltd Market price per share / Balkrishna Industries Ltd Earnings per share
Today’s traded volume of Balkrishna Industries Ltd(BALKRISIND) is 3.78L.
Today’s market capitalisation of Balkrishna Industries Ltd(BALKRISIND) is ₹46974.14Cr.
Balkrishna Industries Ltd(BALKRISIND | Price |
---|---|
52 Week High | ₹2795.5 |
52 Week Low | ₹2067.15 |
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2429.9. It is down -13.08% from its 52 Week High price of ₹2795.5
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2429.9. It is up 17.55% from its 52 Week Low price of ₹2067.15
Balkrishna Industries Ltd(BALKRISIND | Returns |
---|---|
1 Day Returns | 33.9% |
1 Month Returns | 6.35% |
3 Month Returns | -0.27% |
1 Year Returns | 15% |