2533.5000 10.80 (0.43%)
NSE Sep 22, 2025 13:28 PM
Volume: 56,385
 

2533.50
0.43%
ICICI Securities Limited
Balkrishna Industries’ (BIL) Q1FY24 EBITDAM at 22.7% was up 240bps QoQ, driven by a combination of lower raw material basket (RMB) cost, better product mix, lower freight cost and favourable hedge rate. BIL is confident of improving its global OHT market share from ~6% now to ~10% in 4 years and would do the due capex when needed to scale up.
Balkrishna Industries Ltd. is trading above its 100 day SMA of 2530.7
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