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Balkrishna Industries Ltd rises further

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Capital Market
Last Updated : Mar 31 2021 | 1:31 PM IST

Balkrishna Industries Ltd is quoting at Rs 1679.4, up 1.28% on the day as on 12:49 IST on the NSE. The stock is up 109.13% in last one year as compared to a 78.58% jump in NIFTY and a 112.46% jump in the Nifty Auto index.

Balkrishna Industries Ltd gained for a third straight session today. The stock is quoting at Rs 1679.4, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.71% on the day, quoting at 14739.45. The Sensex is at 49683.89, down 0.9%. Balkrishna Industries Ltd has gained around 5.97% in last one month.

Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has gained around 4.96% in last one month and is currently quoting at 9865, up 0.31% on the day. The volume in the stock stood at 4.07 lakh shares today, compared to the daily average of 5.31 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1693, up 1.47% on the day. Balkrishna Industries Ltd is up 109.13% in last one year as compared to a 78.58% jump in NIFTY and a 112.46% jump in the Nifty Auto index.

The PE of the stock is 30.79 based on TTM earnings ending December 20.

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First Published: Mar 31 2021 | 1:05 PM IST

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