Balkrishna Paper Mills Ltd.    
10 Jun 2019
12.90
1.57%
Chola Wealth Direct
Sector: Auto Ancillaries /Mid-Cap | Earnings Update 4QFY19 Background: Balkrishna Industries (BIL) is focused solely on 'off-highway' tyres catering to agricultural & industrial segments. The company has a ~7% share of the global market. While OTR forms ~65% of the global market, for BIL, it only contributes ~33% to its revenue. The company has been undertaking various actions like setting up warehouses in markets in North America and Europe to be closer to the customer and have a just in time (JIT) system. The company sales to over 130 countries through...
Balkrishna Paper Mills Ltd. is trading below all available SMAs
Balkrishna Paper Mills Ltd.    
13 Nov 2015
12.90
1.57%
Chola Wealth Direct
Background: Balkrishna Industries manufactures Off-Highway tyres for agricultural, Industrial, material handling, construction, earth moving and garden equipment and all terrain vehicles (ATV). Company exports 90% of tyre production with its strong distribution network of over 200 distributors at more than 120 countries. With three manufacturing plants, production capacity of BIL stands at 220,000MT. BIL caters to three different industrial segments Agriculture (63%), OTR (34%) and others (3%). BIL derives 77% of its revenues...
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Balkrishna Paper Mills Ltd. is trading below all available SMAs