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Balkrishna Industries Ltd gains for third straight session

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Capital Market
Last Updated : Jan 07 2022 | 1:16 PM IST

Balkrishna Industries Ltd is quoting at Rs 2396.95, up 1.22% on the day as on 12:54 IST on the NSE. The stock is up 39.21% in last one year as compared to a 23.63% jump in NIFTY and a 15.37% jump in the Nifty Auto index.

Balkrishna Industries Ltd is up for a third straight session today. The stock is quoting at Rs 2396.95, up 1.22% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 17738.05. The Sensex is at 59529.91, down 0.12%. Balkrishna Industries Ltd has gained around 7.45% in last one month.

Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has gained around 2.09% in last one month and is currently quoting at 11316.6, down 0.69% on the day. The volume in the stock stood at 1.28 lakh shares today, compared to the daily average of 2.71 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 2395.5, up 0.97% on the day. Balkrishna Industries Ltd is up 39.21% in last one year as compared to a 23.63% jump in NIFTY and a 15.37% jump in the Nifty Auto index.

The PE of the stock is 32.65 based on TTM earnings ending September 21.

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First Published: Jan 07 2022 | 1:05 PM IST

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