BALKRISIND

Balkrishna Industries Share PriceBalkrishna Industries

₹2273.95
-26.4 (-1.15%)
  • Advice
  • Hold
As on 07 February, 2023 | 16:18 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 2.83%
  • Over 3 Month 18.7%
  • Over 6 Month 5.14%
  • Over 1 Year -0.72%

Balkrishna Industries Key Statistics

P/E Ratio 31.3
PEG Ratio -18.9
Market Cap Cr 43,959
Price to Book Ratio 6.3
EPS 68
Dividend 1.2
Relative Strength Index 65.36
Money Flow Index 63.87
MACD Signal 31.51
Average True Range 52.71

Balkrishna Industries Investment Rating

  • Master Rating:
  • Balkrishna Industries has an operating revenue of Rs. 9,696.97 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 comfortably placed above its key moving averages, around 6% and 9% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 32 indicates it belongs to a strong industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Balkrishna Industries Financials
IndicatorSep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,7042,6462,374
Operating Expenses Qtr Cr 2,2602,1911,874
Operating Profit Qtr Cr 445455500
Depreciation Qtr Cr 134126117
Interest Qtr Cr 432
Tax Qtr Cr 128109115
Net Profit Qtr Cr 404320374

Balkrishna Industries Technicals

EMA & SMA

Current Price
₹2273.95
-26.4 (-1.15%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 2222.86
  • 50 Day
  • 2158.5
  • 100 Day
  • 2113.26
  • 200 Day
  • 2104.1
  • 20 Day
  • 2228.16
  • 50 Day
  • 2152.83
  • 100 Day
  • 2039.74
  • 200 Day
  • 2099.39

Balkrishna Industries Resistance and Support

PIVOT
₹2288.35
Resistance
First Resistance 2319.5
Second Resistance 2338.65
Third Resistance 2369.81
RSI 65.36
MFI 63.87
MACD Single Line 31.51
MACD 34.97
Support
First Resistance 2269.2
Second Resistance 2238.06
Third Resistance 2218.9

Balkrishna Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 130,465 5,129,884 39.32
Week 166,925 7,613,431 45.61
1 Month 245,902 13,728,684 55.83
6 Month 350,008 16,929,896 48.37

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 43,864
Sales 9,754
Shares in Float 8.12
No of funds 521
Yield 0.7
Book Value 6.42
U/D Vol ratio 2
LTDebt / Equity 7
Alpha 0.02
Beta 0.94

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 Corporate Action

Date Purpose Remarks
2023-02-11 Quarterly Results & Interim Dividend
2022-11-14 Quarterly Results & Interim Dividend
2022-08-04 Quarterly Results & 1st Interim Dividend
2022-05-13 Audited Results & Final Dividend
2022-02-14 Quarterly Results & Interim Dividend
Date Purpose Remarks
2023-02-18 INTERIM Third Interim Dividend
2022-11-22 INTERIM Rs.4.00 per share(200%)Second Interim Dividend
2022-08-13 INTERIM Rs.4.00 per share (200%) First Interim Dividend
2022-06-27 FINAL Rs.4.00 per share(200%)Final Dividend
2022-02-22 SPECIAL Rs.12.00 per share (600%) Special Diamond Jubilee Dividend

Balkrishna Industries MF Shareholding

Name Amount(cr)
Kotak Flexicap Fund Growth 37418
HDFC Mid-Cap Opportunities Fund Growth 35731
Mirae Asset Large Cap Fund Regular Growth 34194
Parag Parikh Flexi Cap Regular Growth 28248
Mirae Asset Emerging Bluechip Fund Growth 24055

Balkrishna Industries FAQs

What is Share Price of Balkrishna Industries ?

Balkrishna Industries share price is ₹2273 As on 07 February, 2023 | 16:04

What is the Market Cap of Balkrishna Industries ?

The Market Cap of Balkrishna Industries is ₹43959.4 Cr As on 07 February, 2023 | 16:04

What is the P/E ratio of Balkrishna Industries ?

The P/E ratio of Balkrishna Industries is 31.3 As on 07 February, 2023 | 16:04

What is the PB ratio of Balkrishna Industries ?

The PB ratio of Balkrishna Industries is 6.3 As on 07 February, 2023 | 16:04

Q2FY23