Name: Latest research reports of Balkrishna Industries Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Balkrishna Industries Ltd.
Rating: 5
Author: ICICI Securities Limited

Balkrishna Industries Ltd.

NSE: BALKRISIND | BSE: 502355 | ISIN: INE787D01026 | Industry: Auto Tyres & Rubber Products
| Falling Comet

2337.5000 56.90 (2.49%)

NSE Apr 11, 2025 15:31 PM

New 52W Low in past week

Volume: 345.9K

Balkrishna Industries Ltd.

08 Aug 2022

2337.50

2.49%

Margin headwinds packaged together

Buy: Balkrishna Industries Ltd.

Target

ICICI Securities Limited

Balkrishna Industries’ (BIL) Q1FY23 EBITDA margin at 20.1% was down 366bps QoQ on elevated freight and power/fuel costs, coupled with higher than normal branding-related expenses.

Balkrishna Industries Ltd. is trading below all available SMAs