Balkrishna Industries Limited manufactures and sells tires under the BKT brand in India, Europe, North America, and internationally. The company provides manufacturing and selling of off-highway tires (OHT) for use in various applications, such as agriculture, construction, earthmoving, mining and quarrying, industry, and port operations. It also offers two-wheeler, passenger car radial, and commercial vehicle radial tyres, as well as carbon black. Balkrishna Industries Limited was incorporated in 1961 and is headquartered in Mumbai, India.
Research context
Balkrishna Industries Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
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5 years, 6 months ago
Balkrishna Industries Limited is currently in a long term uptrend where the price is trading 32.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.8% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 6.1.
Balkrishna Industries Limited's total revenue rose by 30.6% to $15B since the same quarter in the previous year.
Its net income has increased by 45.3% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 2.5% to $7B since the same quarter in the previous year.
Based on the above factors, Balkrishna Industries Limited gets an overall score of 5/5.