Balkrishna Industries

Balkrishna Industries to gain from volume recovery, market share expansion

Balkrishna's current valuation at 14 times FY27 enterprise value to operating profit is attractive given a strong return on invested capital of 25 per cent in FY26

Balkrishna Industries to gain from volume recovery, market share expansion

Despite multiple headwinds, brokerages believe the company is well-positioned to benefit from a revival in demand going forward

Ramkrishna Forgings, Balkrishna Ind: Stock strategies for Janmashtami 2024

Technical charts suggests that Ramkrishna Forgings, Balkrishna Industries and KIMS can potentially rally up to 16 per cent from present levels; check key support, resistance levels here

Here's why Balkrishna Industries slid 10% despite strong Q1 earnings

Balkrishna Industries, a leading off-highway tyre manufacturer, announced a 47.6 per cent increase in net profit for the first quarter ending June 30, 2024

Smooth ride for tyre exporter Balkrishna Industries as peers struggle

Exports and market share gains have helped the company to pull ahead

MRF hits Rs 100,000 mark; stock touches record high on the BSE

So far in the current calendar year 2023, MRF has outperformed the market by gaining 14% on improved financial performance. In comparison, the S&P BSE Sensex gained 3% during the period

Weak demand, margin outlook to keep Balkrishna Industries under pressure

Tyre-maker's challenges include excess inventory, muted demand in agriculture sector

Balkrishna Industries tanks over 11% as Q3 profit plunges 68% YoY

Its revenue from operations increased marginally by around 6 per cent to Rs 2,165.57 crore in Q3

Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure

Company's near term will be tough, but brokerages believe it will continue to gain market share

Balkrishna Industries skids 6% on disappointing margin performance in Q1

The management commentary suggests Q2FY23 to be weak (QoQ decline) due to sluggish demand prospects in Europe and US.

Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa

Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.

Here's why Mehul Kothari recommends buying Balkrishna Inds, HDFC Life

According to the technical analyst from Anand Rathi, Balkrishna Industries is showing immense strength on the 2-hour chart, while the weekly chart of HDFC Life indicates a sharp up move.

Balkrishna Industries recovers 8% from day's low, up 3% in a weak market

The company announced commencement of commercial production from its brownfield expansion & debottlenecking project at the Bhuj plant.

Balkrishna Industries: Margin outlook weighs on near term prospects

Balkrishna Industries: Volume constraints and valuations are the other concerns

Here's why Osho Krishan is bullish on Larsen & Toubro, Balkrishna Inds

According to the technical analyst from Anand Rathi, LT is in a secular uptrend and currently hovering above all its major exponential moving averages on daily time frame indicating inherent strength

Tyre stocks in focus; Balkrishna Ind at record high, Apollo Tyres jumps 5%

Balkrishna Industries hit a new high of Rs 2,656.95, up 5 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 2,558.15 touched on August 4, 2021

Export demand firm for BIL, depreciating rupee to add to revenue growth

While growth momentum has been strong, what has helped the company perform better than peers in the June quarter is its reliance on overseas markets

Nifty MidCap index at crucial juncture: Sameet Chavan of Angel Broking

On the daily chart, the Nifty MidCap index in reaching the '100% Price Extension' of the previous up move

Balkrishna Industries surges 9%, hits record high on robust Q4 results

The management said the demand continues to be robust in Agriculture segment across Geographies

Tyre manufacturer Balkrishna Industries joins hands with seven IPL teams

Off-highway tyre manufacturer Balkrishna Industries (BKT Tires) on Wednesday said it is sponsoring seven teams in the upcoming season of the Indian Premier League (IPL).