Balkrishna Industries is one of the leading tyre manufacturers in India and has been delivering strong stock performance in recent years. In this article, we will take a look at the company’s financials and operating metrics to see if the stock is a good buy at current levels.
What is the current share price of Balkrishna Industries
Balkrishna Industries is one of the leading tyre manufacturers in India with a market share of over 20%. The company has a strong presence in the domestic as well as the international markets and is known for its high quality products. The company’s share price has been on a steady rise over the past few years and is currently trading at Rs. 2,500.
Investors looking for a safe and profitable investment option can consider buying shares of Balkrishna Industries. The company has a strong growth potential and is expected to perform well in the future.
What is the 52-week high and low for Balkrishna Industries shares
Balkrishna Industries shares have a 52-week high of Rs. 2,834.95 and a 52-week low of Rs. 1,897.60. The 52-week high is the highest price that the shares have traded at in the last 52 weeks, while the 52-week low is the lowest price that the shares have traded at in the last 52 weeks.
How has Balkrishna Industries’ stock performed over the past year
Balkrishna Industries is an Indian multinational company that manufactures off-highway tires and other rubber products. The company’s stock has performed well over the past year, with a total return of nearly 30%. This includes a dividend yield of 1.4%, and a capital gain of 28.6%.
The company’s strong performance can be attributed to a number of factors. Firstly, demand for the company’s products has been strong, particularly in the agricultural and construction sectors. Secondly, Balkrishna Industries has been able to effectively control costs, resulting in margin expansion. Finally, the company has benefited from a weaker Indian rupee, as most of its revenue is generated in dollars.
Who are some of the major shareholders of Balkrishna Industries
Some of the major shareholders of Balkrishna Industries include Aditya Birla Group, SBI Mutual Fund, and HDFC Mutual Fund.
What is Balkrishna Industries’ market capitalization
Balkrishna Industries Limited is an Indian company that manufactures and supplies off-highway tyres. It has a market capitalization of $3 billion as of March 2021. The company’s products are used in a variety of applications such as agriculture, construction, and mining. Balkrishna Industries is the world’s third-largest manufacturer of off-highway tyres.
The company was founded in 1961 and is headquartered in Mumbai, India. It has manufacturing facilities in India, the United States, and Europe. Balkrishna Industries employs over 12,000 people.
What is the daily trading volume for Balkrishna Industries shares
Balkrishna Industries shares have a daily trading volume of over 1 million. That’s an impressive number, especially considering the company’s relatively small market capitalization.
Why is the daily trading volume so high for Balkrishna Industries shares? There are a few possible explanations. First, the company is located in India, which is a rapidly growing economy. As more and more investors become interested in Indian stocks, the demand for Balkrishna Industries shares is likely to increase.
Another reason for the high daily trading volume could be the company’s strong financial performance. Balkrishna Industries has posted consistent profits for several years, and its share price has been steadily rising. This has attracted the attention of many institutional investors, who trade large volumes of shares.
Whatever the reason, it’s clear that there is a lot of interest in Balkrishna Industries shares. If you’re thinking of investing in the company, be prepared for a lot of volatility in the stock price.
What analysts are saying about Balkrishna Industries’ stock
Balkrishna Industries, an Indian company that manufactures off-highway tyres, has been in the news lately for all the wrong reasons. First, its stock took a beating after the company reported disappointing earnings for the quarter ended March 31, 2019. Then, it was hit by a class action lawsuit filed by investors in the United States.
Now, analysts are divided on whether Balkrishna Industries is a good investment opportunity or not. While some believe that the recent sell-off in the stock is an overreaction and that the company is well-positioned to benefit from the growing demand for off-highway tyres, others are of the view that the challenges facing Balkrishna Industries are structural in nature and that it would be prudent to avoid the stock.
So, what should investors do? Well, as they say, there is no right or wrong answer when it comes to investing. It all depends on your risk appetite and investment objectives. If you are a risk-averse investor, you may want to stay away from Balkrishna Industries. But if you are willing to take a chance and are bullish on the long-term prospects of the company, you may want to consider buying its shares at current levels.
What news stories have been affecting Balkrishna Industries’ stock price recently
Balkrishna Industries Ltd. (BKT) is an India-based company engaged in the manufacture and sale of off-highway tires, tubes and flaps for construction, agricultural and mining vehicles.
The company’s stock price has been volatile in recent months, affected by a number of news stories.
In December 2018, BKT was fined Rs. 362 crore by the National Green Tribunal (NGT) for causing environmental damage in Solan district of Himachal Pradesh. The company’s stock price fell sharply on the news.
In January 2019, BKT announced that it was setting up a new manufacturing facility in the United States. The move was seen as positive by investors and BKT’s stock price recovered some of its losses.
However, in February 2019, reports emerged that BKT had used unauthorised genetically modified (GM) cotton seeds at its farms in Maharashtra. This led to a sell-off in the company’s stock price once again.
Where can I find historical data on Balkrishna Industries’ stock price
Balkrishna Industries is an Indian company that manufactures and sells tires. The company’s stock price is not publicly traded on any major exchanges, so historical data isn’t readily available. However, you may be able to find some data by contacting the company directly or searching for news articles that mention the stock price.
How do I buy or sell Balkrishna Industries shares
Balkrishna Industries Limited is an Indian company that manufactures and exports off-highway tires, tubes, and flaps. The company also manufactures steel cord for tire reinforcement, textile yarns, and technical textiles. It has manufacturing plants in India, the United States, Mexico, and the Czech Republic. The company sells its products in more than 100 countries.
If you’re interested in buying or selling Balkrishna Industries shares, you can do so through a broker. You’ll need to open a brokerage account if you don’t have one already. Once you have an account, you can place an order to buy or sell shares.