NSE: BALKRISIND | BSE: 502355

Falling Comet

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2443.90 -3.80 (-0.16%)

27.59% Fall from 52W High

200.7K NSE+BSE Volume

NSE 18 Jun, 2025 3:31 PM (IST)

47,244.8

Market Cap

Market Runner Up

1.1

Beta 1Year

High 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.

22 Feb 2021

2443.90

-0.16%

EARNINGS UPDATE- BALKRISHNA INDUSTRIES 3QFY21

Buy: 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....

Balkrishna Industrie.. has an average target of 2760.67 from 6 brokers.

Balkrishna Industries Ltd.

09 Feb 2021

2443.90

-0.16%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

BIL is just about to conclude a large capex cycle (~| 2,000 crore in FY1921E) and has announced a fresh capex programme amounting to another | 1,900 crore in the next 18-24 months. It comprises (i) brownfield tyre expansion for | 800 crore by H2FY23E (adds 50,000 MT per annum capacity to take total capacity to 3.35 lakh MT pa; ~four-year payback period), (ii) carbon black expansion for | 650 crore by H1FY23E (takes capacity to 2 lakh MT pa from present 1.15 lakh MT pa; includes 30,000 MT pa for advanced carbon material; ~five to six year payback period) and (iii) modernisation capex of | 450 crore by H1FY23E; ~five-year payback period. Expanded...

Number of FII/FPI investors increased from 542 to 562 in Mar 2025 qtr.

Balkrishna Industries Ltd.

16 Dec 2020

2443.90

-0.16%

Balkrishna Industries

Hold: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

Domestic auto industry volumes have been on a steady mend in the months post lifting of lockdown restrictions. Manufacturing and distribution activities have been getting ramped up gradually since June 2020, in step with the rest of the economy. However, the impact of the pandemic on the supply chain continues to inhibit a complete return to production normalcy. Nevertheless, most automotive industry segments have reported successive improvement in offtake throughout June-November 2020 (Exhibit 1) on the back of (i) initial bounce provided by pent-up aspect,...

Balkrishna Industries Ltd. is trading below all available SMAs

Balkrishna Industries Ltd.

20 Nov 2020

2443.90

-0.16%

EARNINGS UPDATE- BALKRISHNA INDUSTRIES 2QFY21

Neutral: Balkrishna Industries Ltd.

Target

Chola Wealth Direct

Balkrishna Industrie.. has an average target of 2760.67 from 6 brokers.

Balkrishna Industries Ltd.

08 Nov 2020

2443.90

-0.16%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Target

ICICI Securities Limited

For BIL, sales, PAT are seen growing at 11%, 12% CAGR, respectively, in FY20-23E. BIL continues to broadly deliver on stated growth and margin guidance. BIL's net debt free B/S, double-digit return ratios and strong cash generation provides us margin of safety. As a result, we continue to hold a positive view on the stock and retain our BUY rating with a revised target...

Number of FII/FPI investors increased from 542 to 562 in Mar 2025 qtr.

Balkrishna Industries Ltd.

07 Nov 2020

2443.90

-0.16%

Balkrishna Industries (ADD): Upbeat volume outlook upgrade to ADD

Accumulate: Balkrishna Industries Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Balkrishna Industries (BIL) posted strong volume growth of 36% YoY to 61.2k MT in Q2FY21, ahead of our projections.

Balkrishna Industries Ltd. is trading below all available SMAs

Balkrishna Industries Ltd.

06 Nov 2020

2443.90

-0.16%

Balkrishna Ind

Buy: Balkrishna Industries Ltd.

Target

Sharekhan

Q2 results were ahead of estimates across parameters; BKT posted best ever quarterly volumes; OPM rose 540 bps yoy to 32.8% BKT is witnessing strong demand traction particularly agri segment and has raised...

Balkrishna Industries Ltd. is trading below all available SMAs

Is Balkrishna Industries Ltd. worth buying?

453 Votes:

Buy 76.16%

Sell 15.01%

Hold 8.83%

RESEARCH REPORTS

Sell SEE REPORTS >

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Hold SEE REPORTS >

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