Balkrishna Industries Limited (BOM:502355)

India flag India · Delayed Price · Currency is INR
2,706.40
-12.40 (-0.46%)
At close: Feb 21, 2025
17.98%
Market Cap 523.19B
Revenue (ttm) 103.76B
Net Income (ttm) 17.73B
Shares Out 193.32M
EPS (ttm) 91.72
PE Ratio 29.51
Forward PE 28.08
Dividend 16.00 (0.59%)
Ex-Dividend Date Jan 30, 2025
Volume 1,049
Average Volume 4,280
Open 2,728.10
Previous Close 2,718.80
Day's Range 2,680.45 - 2,738.45
52-Week Range 2,193.85 - 3,377.95
Beta 0.80
RSI 50.19
Earnings Date Feb 14, 2025

About Balkrishna Industries

Balkrishna Industries Limited manufactures and sells tires in India, Europe, North America, and internationally. It provides off-highway tires for use in various applications, such as agricultural, mining, forestry, construction, industrial, earthmoving, port, all-terrain vehicle, and turf care applications. The company was incorporated in 1961 and is headquartered in Mumbai, India. [Read more]

Industry Tires and Inner Tubes
Founded 1961
Employees 3,590
Stock Exchange Bombay Stock Exchange
Ticker Symbol 502355
Full Company Profile

Financial Performance

In 2023, Balkrishna Industries's revenue was 93.69 billion, a decrease of -4.00% compared to the previous year's 97.60 billion. Earnings were 14.71 billion, an increase of 39.16%.

Financial Statements

News

Balkrishna Industries shares surge 3% after Nomura upgrades to ‘Buy’ rating with target price of Rs 3,242

Balkrishna Industries (BKT) saw a notable 3% rise in its shares following an upgrade from Nomura, which raised its rating from Neutral to Buy with a revised target price of Rs 3,242. The upgrade refle...

26 days ago - Business Upturn

Stock updates today: Nomura upgrades Balkrishna Industries, maintains reduce on ACC

Nomura has provided updates on its stock ratings, showing a mixed stance on key companies. Nomura on Balkrishna: Nomura has upgraded its rating on Balkrishna Industries to Buy from Neutral. The target...

26 days ago - Business Upturn

Nuvama cuts target price for Balkrishna Industries to Rs 3,300, trims estimates

Nuvama maintained its buy rating on Balkrishna Industries, revising its target price to Rs 3,300, following Q3 FY25 results that showed steady operational performance. Volumes grew by 5% YoY to 76,343...

26 days ago - Business Upturn

Nomura upgrades Balkrishna Industries to Buy after strong Q3 results, target price hiked

Nomura upgraded Balkrishna Industries (BKT) to buy from neutral, raising its target price to Rs 3,242, as the company is poised to benefit from a recovery in demand.

26 days ago - Business Upturn

Stocks in focus today, January 27, 2025: JK Cement, Balkrishna Industries, Shakti Pumps, Yes Bank, KEC International, Trident, RPG Life Sciences, Jubilant Pharmova

Several mid- and small-cap companies have released key updates today, focusing on their Q3 performance, acquisitions, and new business orders. JK Cement: Q3 sales volumes grew 5%, and the company anno...

27 days ago - Business Upturn

Balkrishna Industries Q3 FY25: Revenue at Rs 2,560 crore, up 12.5% YoY; Profit at Rs 439 crore, up 42.2% YoY

Balkrishna Industries Limited (BKT) reported a strong financial performance for Q3 FY2025, driven by significant growth in revenue and profitability. Key Financial Highlights (Consolidated): Revenue f...

4 weeks ago - Business Upturn

Auto stocks today: Bosch up over 2%, Bajaj Auto up nearly 2%, and more

As of the latest update, the Nifty Auto index is trading at 23,832.45, up 0.41% or 96.20 points. The index reflects a mixed performance among its constituents, with Bosch and Bajaj Auto emerging as no...

2 months ago - Business Upturn

Auto Stocks: Bharat Forge up nearly 2%, Balkrishna Industries up 1.5%, Tata Motors down 1.28%

The Nifty Auto Index saw mixed trading on December 4, with select stocks advancing while others faced declines. As of midday, the index was trading slightly lower at 23,706.45, down by 0.19%. Top Gain...

2 months ago - Business Upturn

Balkrishna Industries shares surge over 2% after Q2 results, interim dividend declared

Shares of Balkrishna Industries Ltd (BKT) surged by 2.22%, trading at ₹2,972.20 on the NSE as of 11:20 am on Friday, October 25, following the company’s announcement of its Q2 FY25 results. Despite a ...

4 months ago - Business Upturn

Balkrishna Industries declares second interim dividend of ₹4 per equity share for FY25

Balkrishna Industries Ltd. has announced a second interim dividend of ₹4.00 per equity share (200%) on shares with a face value of ₹2 each for the financial year 2024-25. The Board of Directors approv...

4 months ago - Business Upturn

Balkrishna Industries Q2 FY25 Results: Net profit jumps 898.7% YoY to ₹347 crore, revenue rises 7.4% YoY to ₹2,420 crore

Balkrishna Industries Ltd. (BKT) reported a robust set of numbers for Q2 FY25, showing a significant year-on-year (YoY) growth in both revenue and profitability. The company’s net profit surged by 898...

4 months ago - Business Upturn

Auto Stocks Update: Check out how Apollo Tyres, Balkrishna Industries, Bajaj Auto, Maruti, Tata Motors, and other stocks are performing today

Apollo Tyres gains 2.11%, while Bajaj Auto slips 2.74%, M&M down 1.66%, and Bosch falls 0.99% in today’s trade.

4 months ago - Business Upturn

Auto Stocks Update: Balkrishna Industries gains 5.26%, TVS Motors up 3.61%, Tata Motors falls 1.54%

The auto sector witnessed mixed performance as of 2:40 PM, with multiple stocks showing positive momentum while others experienced minor declines. Below are the key updates: Top Gainers: Balkrishna In...

4 months ago - Business Upturn

Auto stocks under pressure: Apollo Tyres, Eicher Motors, Tata Motors, and Bajaj Auto among top losers

Auto stocks are witnessing a significant sell-off in today’s trading session, with several major players experiencing notable declines. Here’s how the key auto stocks are performing: Apollo Tyres: Dow...

5 months ago - Business Upturn

Balkrishna Industries completes capex for 30,000 MTPA plant

Balkrishna Industries has successfully completed the capital expenditure for its 30,000 MTPA (Metric Tonnes Per Annum) plant dedicated to producing high-value advanced carbon material. The company has...

5 months ago - Business Upturn

Nirmal Bang initiates ‘Sell’ on Balkrishna Industries, expects 17% downside in stock price

Nirmal Bang has initiated coverage on Balkrishna Industries (BKT) with a "Sell" rating and a target price of ₹2,418 per share, representing a potential downside of 17% from the current market price of...

6 months ago - Business Upturn

Balkrishna Industries Ltd (BOM:502355) Q1 2025 Earnings Call Transcript Highlights: Strong ...

Balkrishna Industries Ltd (BOM:502355) Q1 2025 Earnings Call Transcript Highlights: Strong Revenue and Profit Growth Amid Macro Challenges

6 months ago - GuruFocus

Q1 2025 Balkrishna Industries Ltd Earnings Call Transcript

Q1 2025 Balkrishna Industries Ltd Earnings Call Transcript

6 months ago - GuruFocus