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Balkrishna Industries Ltd up for fifth session

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Balkrishna Industries Ltd is quoting at Rs 2324.7, up 1.7% on the day as on 12:44 IST on the NSE. The stock is up 6.87% in last one year as compared to a 6.81% spurt in NIFTY and a 11.34% spurt in the Nifty Bank.

Balkrishna Industries Ltd gained for a fifth straight session today. The stock is quoting at Rs 2324.7, up 1.7% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 16635.1. The Sensex is at 55716.69, down 0.37%. Balkrishna Industries Ltd has risen around 10.49% in last one month.

 

Meanwhile, Nifty Bank index of which Balkrishna Industries Ltd is a constituent, has risen around 6.45% in last one month and is currently quoting at 11491.4, up 1.32% on the day. The volume in the stock stood at 2.91 lakh shares today, compared to the daily average of 3.1 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 2312.35, up 1.34% on the day. Balkrishna Industries Ltd is up 6.87% in last one year as compared to a 6.81% spurt in NIFTY and a 11.34% spurt in the Nifty Bank index.

The PE of the stock is 31.33 based on TTM earnings ending March 22.

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First Published: May 31 2022 | 1:00 PM IST

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