Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of BALKRISIND.NS is 2383 and suggests 9% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendatio
Buy
Sell