Risk factor
Negligible price volatility
Profitability factor
Strong margins and returns
About
Balkrishna Industries Limited operates as a global producer and supplier of tires and associated rubber products. Their product line features rubber tires, inner tubes, and carbon black. The company's core specialization lies in off-highway tires, which are engineered for diverse applications across agriculture, industrial and construction projects, earthmoving, port facilities, mining operations, forestry, lawn and garden maintenance, and all-terrain vehicles. Distribution of these products occurs internationally through a comprehensive network of distributors. Established in 1961, the firm's primary headquarters are situated in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu
Target Price
The average target price of BALKRISIND.NS is 2249 and suggests 1.12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral reco