MAHARASHTRA, India — Balkrishna Industries Ltd. (BKT) is expanding its product range for all-terrain vehicles (ATVs) with the launch of the BKT Sierra Max Pro radial tire line.The Sierra Max Pro features a wider footprint than is normal for this application as well as "robust" lugs designed…
Senapati Bapat Marg, Lower Parel, Mumbai 400 013
India
More info on Balkrishna Industries Ltd. (BKT)
Balkrishna Industries Ltd. (BKT) is a tire manufacturing company based in India. The BKT group manufacturers an extensive and modern range of off-highway tires specifically for vehicles operating in agricultural, industrial, earthmoving, mining, port, ATV, and gardening industries. BKT s innovative solutions are designed to meet the most demanding ranges of use and entail over 2,700 different products sold in more than 160 countries worldwide.
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Balkrishna Industries Ltd is quoting at Rs 1604.5, up 2.88% on the day as on 12:49 IST on the NSE. The stock is up 61.98% in last one year as compared to a 14.14% spurt in NIFTY and a 10.03% spurt in the Nifty Auto index.
Balkrishna Industries Ltd gained for a third straight session today. The stock is quoting at Rs 1604.5, up 2.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 13888.6. The Sensex is at 47476.63, down 0.29%. Balkrishna Industries Ltd has slipped around 3.04% in last one month.
Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has slipped around 0.99% in last one month and is currently quoting at 9043.9, up 0.35% on the day. The volume in the stock stood at 12.53 lakh shares today, compared to the daily average of 7.5 lakh shares in last one month.
Nifty Auto index ended up 1.34% at 9164.8 today. The index has added 3.00% over last one month. Among the constituents, Balkrishna Industries Ltd jumped 3.56%, Eicher Motors Ltd added 2.31% and Maruti Suzuki India Ltd gained 2.15%.
The Nifty Auto index has increased 11.00% over last one year compared to the 14.90% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index increased 1.29% and Nifty Metal index added 1.29% on the day. In broad markets, the Nifty 50 recorded a gain of 0.35% to close at 13981.95 while the SENSEX witnessed a rise of 0.28% to close at 47746.22 today.
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Nomura Expects These Auto Firms To Benefit From PLI Scheme
Dec 29 2020, 1:46 PM
December 29 2020, 1:04 PM
December 29 2020, 1:46 PM
Nomura expects select auto and auto components makers to benefit from the government s Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.Bajaj Auto Ltd., TVS Motor Company Ltd. and Ashok Leyland Ltd. among original equipment makers and Balkrishna Industries Ltd., Bharat Forge Ltd., Sundaram Clayton Ltd., Wabco India Ltd. and Ramkrishna Forgings Ltd. in auto parts are potential beneficiaries of the .
Nomura expects select auto and auto components makers to benefit from the government s Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.