2109.80
-0.02%
Geojit BNP Paribas
The company's capital expenditure (capex) estimate for FY27 is Rs. 1,500-1,800cr, along with an annual maintenance cost of Rs. ~200cr. BKT's performance in Q4FY26 reinforces confidence in the resilience of its core off continued strength in India, supporting a healthier volume outlook. The longer-term investment case is supported by expansion in the on-highway portfolio and the scaling up of the carbon black business, which should gradually diversify revenue streams and strengthen the operating platform. While the near-term earnings trajectory may be tempered by rising raw material prices, higher freight expenses...
ICICI Securities Limited upgraded Balkrishna Industries Ltd. to Buy with a price target of 2675.0 on 22 Oct, 2026.
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