2304.8000 -0.80 (-0.03%)
NSE Oct 03, 2025 09:44 AM
Volume: 7,447
 

2304.80
-0.03%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Balkrishna Industries' (BIL) revenue came in at | 1013 crore (up 7.5% YoY) vs. estimate of | 1061 crore mainly after volumes grew 7% YoY to 46,327 metric tonnes (MT) (vs. estimate of 47,637 MT) EBITDA margin was at 21.3% (down 955 bps YoY & 411 bps QoQ). According to the management, partial rollback of price hikes taken in April 2017 & higher cost of NR inventory impacted margins Other income at | 92 crore (includes forex gains of | 58 crore)...
Geojit BNP Paribas decreased Hold price target of Balkrishna Industries Ltd. to 2678.0 on 23 Sep, 2025.
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