BALKRISIND

Balkrishna Industries Share PriceBalkrishna Industries

₹1955.00
-9.75 (-0.5%)
  • Advice
  • Hold
As on 01 April, 2023 | 07:13 BSE: 502355 NSE: BALKRISIND

Balkrishna Industries Performance

Day Range

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52 Week Range

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Balkrishna Industries Share Price

  • Over 1 Month -2.95%
  • Over 3 Month -8.27%
  • Over 6 Month 3.79%
  • Over 1 Year -8.48%

Balkrishna Industries Key Statistics

P/E Ratio 32.2
PEG Ratio -1.7
Market Cap Cr 37,794
Price to Book Ratio 5.5
EPS 68
Dividend 0.8
Relative Strength Index 39.58
Money Flow Index 47.21
MACD Signal -37.2
Average True Range 45.91

Balkrishna Industries Investment Rating

  • Master Rating:
  • Balkrishna Industries has an operating revenue of Rs. 9,816.73 Cr. on a trailing 12-month basis. An annual revenue growth of 47% is outstanding, Pre-tax margin of 24% is great, ROE of 20% is exceptional. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 50 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 51 indicates it belongs to a fair industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Balkrishna Industries Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,1422,7042,6462,374
Operating Expenses Qtr Cr 1,8852,2602,1911,874
Operating Profit Qtr Cr 257445455500
Depreciation Qtr Cr 145134126117
Interest Qtr Cr 14432
Tax Qtr Cr 42128109115
Net Profit Qtr Cr 100404320374

Balkrishna Industries Technicals

EMA & SMA

Current Price
₹1955.
-9.75 (-0.5%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 1990.49
  • 50 Day
  • 2044.83
  • 100 Day
  • 2066.76
  • 200 Day
  • 2081.66
  • 20 Day
  • 1987.82
  • 50 Day
  • 2090.15
  • 100 Day
  • 2083.86
  • 200 Day
  • 2081.8

Balkrishna Industries Resistance and Support

PIVOT
₹1961.24
Resistance
First Resistance 1972.47
Second Resistance 1980.19
Third Resistance 1991.42
RSI 39.58
MFI 47.21
MACD Single Line -37.2
MACD -33.78
Support
First Resistance 1953.52
Second Resistance 1942.29
Third Resistance 1934.57

Balkrishna Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 272,048 19,813,256 72.83
Week 176,747 9,968,545 56.4
1 Month 217,075 11,991,195 55.24
6 Month 289,865 13,875,856 47.87

Balkrishna Industries Result Highlights

Balkrishna Industries Synopsis

NSE-Auto/Truck-Tires & Misc

Balkrishna Ind. is involved in the business activities of Manufacture of rubber tyres and tubes. Company’s Total Operating Revenue is Rs. 8266.71 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2022. Balkrishna Industries Ltd. is a Public Limited Listed company incorporated on 20/11/1961 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1961PLC012185 and registration number is 012185.
Market Cap 37,725
Sales 9,867
Shares in Float 8.12
No of funds 521
Yield 0.82
Book Value 5.45
U/D Vol ratio 0.7
LTDebt / Equity 7
Alpha -0.01
Beta 0.84

Balkrishna Industries

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 58.29%58.29%58.29%
Mutual Funds 11.67%11.1%11.01%
Insurance Companies 7.64%6.93%
Foreign Portfolio Investors 12.45%12.96%14.3%
Financial Institutions/ Banks 0.17%0.16%
Individual Investors 7.42%8.17%7.53%
Others 2.53%2.38%8.71%

Balkrishna Industries Management

Name Designation
Mr. Arvind Poddar Chairman & Managing Director
Mr. Rajiv Poddar Joint Managing Director
Mr. Vipul Shah Whole Time Director & Co. Secretary
Mrs. Vijaylaxmi Poddar Non Independent Director
Mr. Sandeep Junnarkar Independent Director
Mr. Pannkaj Ghadiali Independent Director
Mr. Rajendra Hingwala Independent Director
Ms. Shruti Shah Independent Director

Balkrishna Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Balkrishna Industries MF Shareholding

Name Amount(cr)
Kotak Flexicap Fund Growth 35775
HDFC Mid-Cap Opportunities Fund Growth 35010
Mirae Asset Large Cap Fund Regular Growth 32911
Parag Parikh Flexi Cap Regular Growth 29953
Kotak Emerging Equity Scheme Growth 23963

Balkrishna Industries FAQs

What is Share Price of Balkrishna Industries ?

Balkrishna Industries share price is ₹1955 As on 01 April, 2023 | 06:59

What is the Market Cap of Balkrishna Industries ?

The Market Cap of Balkrishna Industries is ₹37793.5 Cr As on 01 April, 2023 | 06:59

What is the P/E ratio of Balkrishna Industries ?

The P/E ratio of Balkrishna Industries is 32.2 As on 01 April, 2023 | 06:59

What is the PB ratio of Balkrishna Industries ?

The PB ratio of Balkrishna Industries is 5.5 As on 01 April, 2023 | 06:59

Q2FY23

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