Is Balkrishna Industries a good buy?
Table of Contents
- 1 Is Balkrishna Industries a good buy?
- 2 Is Balkrishna an industry?
- 3 What does BKT tires stand for?
- 4 Who is the owner of Balkrishna Industries?
- 5 Are BKT tires made in the USA?
- 6 Where are BKT tires made?
- 7 Is Balkrishna Industries Ltd a good company to buy?
- 8 Is beyondbalkrishna Industries Ltd’s share price overvalued?
Is Balkrishna Industries a good buy?
It maintains a Buy rating, with a higher TP of Rs3,196 (30x FY24e). Promoters held 58.3 per cent stake in the company as of 30-Sep-2021, while FIIs owned 15.42 per cent, DIIs 12.56 per cent.
Is Balkrishna Industries debt free?
Balkrishna Industries has a low debt to EBITDA ratio of only 0.47.
Is Balkrishna an industry?
Balkrishna Industries Limited (BKT) is an Indian multinational tyre manufacturing company based in Mumbai, India….Balkrishna Industries.
| Type | Public |
|---|---|
| Traded as | BSE: 502355 NSE: BALKRISIND |
| Industry | Auto and Truck parts |
| Founded | 1987 |
| Headquarters | Mumbai, India |
What is the intrinsic value of Balkrishna Industries?
Balkrishna Industries
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 1,048.73 | Rs. 2,533.65 |
| 22 Dec 2021 | —- | Rs. 2,137.30 |
| 41.85 1.96\% |
What does BKT tires stand for?
Balkrishna Industries Limited
While the group foundation dates back to the 1950s, Balkrishna Industries Limited (BKT) started its Off-Highway tire business in 1987.
Who owns Balkrishna?
Mahabirprasad Poddar
FAMILY-RUN BUSINESS: Balkrishna Industries Ltd. Number of generations: three—Mahabirprasad Poddar, founder and late chairman; his son Arvind Poddar, chairman and managing director; grandson Rajiv Poddar, joint managing director. Number of plants: 5—in Aurangabad, Bhiwadi, Chop¬anki, Dombivali and Bhuj, India.
Who is the owner of Balkrishna Industries?
Arvind Poddar
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Balkrishna Industries Ltd….PREMARKET.
| Management | |
|---|---|
| Arvind Poddar | Chairman & Managing Director |
| Madhusudan Bajaj | CFO & President |
| Pannkaj Ghadiali | Independent Director |
| Rajendra Hingwala | Independent Director |
What is intrinsic value of MRF share?
MRF Limited
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 35,659.92 | Rs. 79,375.55 |
| 24 Dec 2021 | —- | Rs. 70,090.70 |
| -938.90 -1.34\% |
Are BKT tires made in the USA?
As you know, BKT tires are entirely manufactured in India. To satisfy your growing needs in always more performing specialist tires, not only have we increased production plants in number and size over the years, but we have also intensified and diversified operations and processes.
Why is Balkrishna Industries share falling?
Thus, the company’s stock price fell 10\% in a day mainly due to concerns over the new capex and changing capital structure. There was also some profit booking as the stock price had zoomed more than 150\% from its March’20 lows.
Where are BKT tires made?
With three state-of-the-art tire manufacturing plants and one in-house hi-tech mould-manufacturing facility at different locations in India, BKT is very well equipped to feed the ever-growing demand of its worldwide customers.
Is MRF undervalued?
A lower value for price to free cash flow indicates that the company is undervalued and its stock is relatively cheap. MRF has the lowest Price/FCF ratio amongst its peers and its negative. This shows that MRF shares are highly overvalued.
Is Balkrishna Industries Ltd a good company to buy?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Balkrishna Industries Ltd is a good quality company. 2. Is current market price of Balkrishna Industries a good price to buy it?
Is Balkrishna 502355 a stable share price?
Stable Share Price: 502355 is less volatile than 75\% of Indian stocks over the past 3 months, typically moving +/- 3\% a week. Volatility Over Time: 502355’s weekly volatility (3\%) has been stable over the past year. Balkrishna Industries Limited manufactures and sells tires worldwide.
Balkrishna Industries Ltd’s earnings have grown by 23.7\%, whereas share price has appreciated 41\% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.