BALKRISIND

Balkrishna Industries Share Price

₹2,736.05 -33.6 (-1.21%)

21 Nov, 2024 14:41

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Performance

  • Low
  • ₹2,726
  • High
  • ₹2,765
  • 52 Week Low
  • ₹2,194
  • 52 Week High
  • ₹3,375
  • Open Price₹2,765
  • Previous Close₹2,770
  • Volume75,412

Investment Returns

  • Over 1 Month -8.76%
  • Over 3 Month -3.71%
  • Over 6 Month -2.21%
  • Over 1 Year + 9.59%
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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
  • 32.5
  • PEG Ratio
  • 0.6
  • Market Cap Cr
  • 52,893
  • P/B Ratio
  • 6
  • Average True Range
  • 79.39
  • EPS
  • 84.27
  • Dividend Yield
  • 0.6
  • MACD Signal
  • -54.99
  • RSI
  • 41.78
  • MFI
  • 29.48

Balkrishna Industries Financials

Balkrishna Industries Technicals

EMA & SMA

Current Price
₹2,736.05
-33.6 (-1.21%)
pointer
  • stock-down_img
  • Bullish Moving Average 1
  • stock-up_img
  • Bearish Moving Average 15
  • 20 Day
  • ₹2,825.93
  • 50 Day
  • ₹2,904.23
  • 100 Day
  • ₹2,919.01
  • 200 Day
  • ₹2,830.99

Resistance and Support

2770.25 Pivot Speed
  • R3 2,894.15
  • R2 2,853.05
  • R1 2,811.35
  • S1 2,728.55
  • S2 2,687.45
  • S3 2,645.75

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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 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -11% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 47 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 133 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 ₹2,736 As on 21 November, 2024 | 14:27

The Market Cap of Balkrishna Industries is ₹52892.6 Cr As on 21 November, 2024 | 14:27

The P/E ratio of Balkrishna Industries is 32.5 As on 21 November, 2024 | 14:27

The PB ratio of Balkrishna Industries is 6 As on 21 November, 2024 | 14:27

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Q2FY23