Balkrishna Industries Share Price
- Advice
- Hold
Start SIP in Balkrishna Industries
Start SIPBalkrishna Industries Performance
Day Range
- Low 3,027
- High 3,101
52 Week Range
- Low 2,194
- High 3,375
- Open Price3,040
- Previous Close3,036
- Volume144376
Balkrishna Industries F&O
Balkrishna Industries Investment Rating
-
Master Rating:
-
Balkrishna Industries has an operating revenue of Rs. 9,924.02 Cr. on a trailing 12-month basis. An annual revenue de-growth of -3% needs improvement, Pre-tax margin of 21% is great, ROE of 16% is good. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 37 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 128 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 2,690 | 2,673 | 2,280 | 2,226 | 2,120 | 2,318 |
Operating Expenses Qtr Cr | 2,039 | 2,008 | 1,741 | 1,707 | 1,639 | 1,847 |
Operating Profit Qtr Cr | 650 | 665 | 539 | 518 | 481 | 471 |
Depreciation Qtr Cr | 162 | 172 | 159 | 159 | 154 | 151 |
Interest Qtr Cr | 21 | 30 | 35 | 23 | 21 | 25 |
Tax Qtr Cr | 149 | 153 | 102 | 108 | 98 | 93 |
Net Profit Qtr Cr | 477 | 481 | 309 | 335 | 312 | 256 |
Balkrishna Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹3,005.55
- 50 Day
- ₹3,004.44
- 100 Day
- ₹2,936.65
- 200 Day
- ₹2,785.51
- 20 Day
- ₹2,956.45
- 50 Day
- ₹3,044.44
- 100 Day
- ₹2,994.58
- 200 Day
- ₹2,711.64
Balkrishna Industries Resistance and Support
Resistance | |
---|---|
First Resistance | 3,077.40 |
Second Resistance | 3,119.25 |
Third Resistance | 3,150.65 |
RSI | 53.76 |
MFI | 85.74 |
MACD Single Line | 1.31 |
MACD | 23.40 |
Support | |
---|---|
First Support | 3,004.15 |
Second Support | 2,972.75 |
Third Supoort | 2,930.90 |
Balkrishna Industries Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 190,392 | 10,995,138 | 57.75 |
Week | 154,244 | 8,597,549 | 55.74 |
1 Month | 251,430 | 13,740,669 | 54.65 |
6 Month | 365,368 | 18,615,509 | 50.95 |
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. 9298.70 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2024. 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 | 58,682 |
Sales | 9,868 |
Shares in Float | 8.12 |
No of funds | 555 |
Yield | 0.53 |
Book Value | 6.62 |
U/D Vol ratio | 1.1 |
LTDebt / Equity | 8 |
Alpha | -0.03 |
Beta | 0.9 |
Balkrishna Industries Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 58.29% | 58.29% | 58.29% | 58.29% |
Mutual Funds | 14.56% | 14.63% | 14.01% | 12.66% |
Insurance Companies | 7.2% | 6.74% | 6.61% | 7.75% |
Foreign Portfolio Investors | 12.61% | 12.24% | 12.69% | 12.53% |
Financial Institutions/ Banks | 0.01% | |||
Individual Investors | 5.38% | 6.03% | 6.09% | 6.33% |
Others | 1.96% | 2.06% | 2.31% | 2.44% |
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 Exe.Non Ind.Director |
Mr. Pannkaj Ghadiali | Non Exe. & Ind. Director |
Ms. Shruti Shah | Non Exe. & Ind. Director |
Mr. Laxmidas Merchant | Non Exe. & Ind. Director |
Mr. Rahul Dutt | Non Exe. & Ind. Director |
Balkrishna Industries Forecast
Price Estimates
Balkrishna Industries Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-08-09 | Quarterly Results & Interim Dividend | |
2024-05-17 | Audited Results & Final Dividend | |
2024-01-24 | Quarterly Results & 3rd Interim Dividend | |
2023-10-21 | Quarterly Results & Interim Dividend | |
2023-08-05 | Quarterly Results & Interim Dividend |
Date | Purpose | Remarks |
---|---|---|
2024-08-20 | INTERIM | Rs.4.00 per share(200%)First Interim Dividend |
2024-07-06 | FINAL | Rs.4.00 per share(200%)Final Dividend |
2024-02-02 | INTERIM | Rs.4.00 per share(200%)Third Interim Dividend |
2023-10-31 | INTERIM | Rs.4.00 per share(200%)Second Interim Dividend |
2023-08-12 | INTERIM | Rs.4.00 per share(200%)First Interim Dividend |
Balkrishna Industries FAQs
What is Share Price of Balkrishna Industries ?
Balkrishna Industries share price is ₹3,090 As on 19 September, 2024 | 18:40
What is the Market Cap of Balkrishna Industries ?
The Market Cap of Balkrishna Industries is ₹59736 Cr As on 19 September, 2024 | 18:40
What is the P/E ratio of Balkrishna Industries ?
The P/E ratio of Balkrishna Industries is 36.7 As on 19 September, 2024 | 18:40
What is the PB ratio of Balkrishna Industries ?
The PB ratio of Balkrishna Industries is 6.7 As on 19 September, 2024 | 18:40