NSE: BALKRISIND | BSE: 502355

Mid-range Performer

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2408.60 -37.00 (-1.51%)

453.4K NSE+BSE Volume

High vol. this week

NSE 03 Dec, 2025 3:31 PM (IST)

46,562.4

Market Cap

Market Runner Up

Beta 1Year

Average volatility

Balkrishna Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BALKRISIND, BSE:502355 Balkrishna Industries Ltd.

Balkrishna Industries Ltd.

03 May 2022, 12:00AM

2408.60

-1.51%

Agri and Mining Play | Tactical BUY

Buy: Balkrishna Industries Ltd.

Edelweiss

Escorts Ltd; Mahindra and Mahindra Ltd; Balkrishna Industries Ltd.

Balkrishna Industries Ltd. is trading above its 50 day SMA of 2323.0

Balkrishna Industries Ltd.

16 Feb 2022

2408.60

-1.51%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Target

ICICI Securities Limited

Balkrishna Industries Ltd. is trading below its 100 day SMA of 2413.5

Balkrishna Industries Ltd.

16 Feb 2022

2408.60

-1.51%

EARNINGS UPDATE- BALKRISHNA IND 3QFY22

Neutral: Balkrishna Industries Ltd.

Recommendation Target

Chola Wealth Direct

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 cover over 130 countries through distribution network in Americas, Europe, India and Rest of the world. BIL...

Balkrishna Industries Ltd. is trading below its 100 day SMA of 2413.5

Balkrishna Industries Ltd.

29 Dec 2021

2408.60

-1.51%

BALKRISHNA INDUSTRIES LIMITED ....Mastering the Niche

Buy: Balkrishna Industries Ltd.

LKP Securities

capabilities and wide network across 140 countries. With sustained marketing and R&D spends, 1 Year Avg. Dly Traded Volume (in lakh) BKT has narrowed its price discount to global peers (to 10-15% vs 25-30% 5 years ago in the agri space). Gradual shift towards OTR (32% by the end of FY21 v/s 20% in FY15) will also provide great...

Balkrishna Industries Ltd. is trading below its 100 day SMA of 2413.5

Balkrishna Industries Ltd.

13 Nov 2021

2408.60

-1.51%

EARNINGS UPDATE- BALKRISHNA IND. LTD 2QFY22

Sell: Balkrishna Industries Ltd.

Target

Chola Wealth Direct

Balkrishna Industrie.. has an average target of 2430.50 from 4 brokers.

Balkrishna Industries Ltd.

12 Nov 2021

2408.60

-1.51%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

Balkrishna Industrie.. has an average target of 2430.50 from 4 brokers.

Balkrishna Industries Ltd.

22 Sep 2021

2408.60

-1.51%

Industry export trends remain solid

Accumulate: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

Balkrishna Industries’ (BIL) key export markets reported strong demand trends with Aug’21 industry exports up 33% YoY. The latest data (Aug’21) indicates continued momentum in OTR segment (up 33% YoY) even as agri (Ag) demand growth remained sturdy at ~33% YoY. Data continues to support the robust demand momentum driven by both Ag and OTR segments: FY22-YTD industry exports are up ~69% YoY on USD basis.

Balkrishna Industries Ltd. is trading above its 50 day SMA of 2323.0

Balkrishna Industries Ltd.

09 Aug 2021

2408.60

-1.51%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Target

ICICI Securities Limited

...

Balkrishna Industrie.. has an average target of 2430.50 from 4 brokers.

Balkrishna Industries Ltd.

08 Aug 2021

2408.60

-1.51%

EARNINGS UPDATE- BALKRISHNA INDUSTRIES 1QFY22

Sell: Balkrishna Industries Ltd.

Recommendation Target

Chola Wealth Direct

Deven Choksey released a Hold report for Balkrishna Industries Ltd. with a price target of 2370.0 on 21 Nov, 2025.

Balkrishna Industries Ltd.

08 Aug 2021

2408.60

-1.51%

Demand remains strong across geographies

Neutral: Balkrishna Industries Ltd.

Motilal Oswal

Price increases to pass on cost inflation and logistics cost Motilal Oswal values your support in the Asiamoney Brokers Poll 2021 for India Research, Sales, Corporate Access and...

Balkrishna Industries Ltd. is trading below its 100 day SMA of 2413.5

Is Balkrishna Industries Ltd. worth buying?

463 Votes:

Buy 76.24%

Sell 14.9%

Hold 8.86%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf