Balkrishna Industries Ltd Share Price (BALKRISIND)

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.

Balkrishna Industries Among F&O Stocks with Positive Returns in April - 01 Apr, 2024

Balkrishna Industries is among the F&O stocks that closed positively for nine or more times in the last 10 Aprils, with average returns exceeding 5%.

Balkrishna Industries Achieves 153% TSR in Last 5 Years - 20 Mar, 2024

Balkrishna Industries' shareholders have enjoyed a 153% total shareholder return (TSR) over the last five years, largely due to dividend payments. The company achieved compound earnings per share growth of 10% annually during this period, which is lower than its average annual increase in share price of 19%. However, the market seems to have a higher opinion of the business now compared to five years ago.

ICICI Securities Predicts Growth in India OHT Exports, Maintains Buy Rating on Balkrishna Industries - 19 Mar, 2024

ICICI Securities has predicted a 10% YoY growth in India off-highway tyre (OHT) exports for FY24 and maintained its Buy rating on Balkrishna Industries Ltd., with a target price of Rs. 2820.

IT Dept Conducts Searches on Balkrishna Industries Premises - 15 Mar, 2024

The Income Tax Department has been conducting searches on Balkrishna Industries Ltd premises for five days, suspecting a huge amount of bogus billing and tax evasion. The stock was trading at Rs 2,244.10, down by 1.06%.

Income Tax Department Conducts Searches at Balkrishna Industries Premises - 13 Mar, 2024

The Income Tax Department has been conducting searches at the premises of Balkrishna Industries Ltd. since Monday, causing a 2.11% drop in share prices. The company confirmed that the search is still ongoing.