Page 2 - Balkrishna Industries

Strong agri tyre exports momentum to help Balkrishna Industries

In addition to revenue growth, lower costs should help the management to meet margin guidance for FY21

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh

Consolidated profit before tax (PBT) fell 32.5 per cent to Rs 172.27 crore, as against Rs 255.15 crore in Q1FY19

Balkrishna Industries explores new markets to import chemical, raw material

BKT is the only tyre maker in the country, which has its own Carbon Black plant at Bhuj, with its total current capacity at 1,40,000 metric tonne per annum

Balkrishna Industries hits 52-week high; stock rallies 49% in two months

The company achieved the highest ever quarterly sales volumes in Q4FY20, in spite of lockdown during the last 7 days of March 2020.

Agri demand gives tyre maker Balkrishna Industries firm grip in FY21

Gain in market share, strong balance sheet are other positives

Nifty's major support at 9,000 for weekly expiry: Gaurav Garg of CapitalVia

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Nifty needs to hold 9,150 for further up move: Nilesh Jain of Anand Rathi

Nifty is currently near its previous swing low which is placed at 9,150

Balkrishna Industries soars 9%, hits 52-week high on better outlook in FY21

In the past three months, the stock has rallied 46 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex.

Weekly stock picks by Religare Broking: Buy Balkrishna Industries, HUL

Balkrishna Industries is currently hovering in a range while holding strong above the support zone of 20 EMA on the daily charts

Auto component exporters may get benefit from US-China trade deal

Another trigger for the rally is the expectation of an improvement in the European auto market

Weekly stock picks by Religare Broking: Buy Balkrishna Industries, HUL

Here are the weekly stock recommendations by Religare Broking

Street positive on prospects of Balkrishna Industries despite headwinds

After guiding for 3-5% volume growth at the beginning of FY20, the company has now revised its guidance to a marginal decline

Balkrishna Industries climbs 6% post Q2 results

The company said the first half of the financial year has been challenging and volume on half yearly basis have seen 12 per cent de-growth from 109,093 MT in H1FY19 to 96,473 MT in H1FY20.

Top stock recommendations by Anand Rathi: Buy Divis Labs, Godfrey Phillips

Stock calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Balkrishna Industries: Demand worries in Europe to impact margins

The biggest hurdle is the European business, which accounts for half of the overall volumes of the company

Balkrishna Industries skids 10% following Q2 earnings disappointment

The stock slipped 10% to Rs 967 on the BSE after the company's standalone EBITDA margin declined 430 bps at 27.7% in Q2FY19 from 32% in Q2FY18.

Balkrishna Ind falls 8% after board approves capex plan of Rs 17 billion

The stock dipped 8% to Rs 1,261 after the company's board approved capex plan of Rs 17 billion in US and India, which funded via a mix of debt and internal accruals.

Improving outlook leads to re-rating for Balkrishna Industries, stock gains

Capacity expansion expected to improve profitability

Growth prospects help Balkrishna edge past peers

Good global demand, improving margins doubled stock price in 1 year

Balkrishna Industries extends rally post Q2 results; 1:1 bonus issue

The stock hit a record high of Rs 1,974, up 8%, extending its Thursday's 2% gain on the BSE in otherwise subdued market.