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Balkrishna Industries Ltd reports Rs 379 95 crore in Q4 FY2020-21

Balkrishna Industries Ltd reports Rs 379 95 crore in Q4 FY2020-21
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Balkrishna Industries Ltd spurts 1 87%, gains for five straight sessions

Balkrishna Industries Ltd is quoting at Rs 1941.2, up 1.87% on the day as on 12:49 IST on the NSE. The stock is up 106.8% in last one year as compared to a 57.24% gain in NIFTY and a 71% gain in the Nifty Auto. Balkrishna Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 1941.2, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 14754.5. The Sensex is at 48820.84, down 0.69%. Balkrishna Industries Ltd has added around 15.97% in last one month. Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has added around 1.79% in last one month and is currently quoting at 9995.1, down 0.01% on the day. The volume in the stock stood at 5.65 lakh shares today, compared to the daily average of 4.45 lakh shares in last one month.

Balkrishna BKT: All plants in India remain operational, despite rumors

Print MUMBAI, India Specialty tire maker Balkrishna Industries Ltd. (BKT) said all of its plants are running smoothly with average 95% capacity, quashing rumors that the catastrophic surge in COVID-19 cases in India has significantly impacted tire production at its plants. In a letter issued to industry stakeholders, Rajiv Poddar, managing director of BKT, said the country has not stopped production at any of its plants and it does not foresee any disruption in the near future. In case there is any disruption, you would hear it first from BKT as an official communication, Mr. Poddar wrote. BKT ranks No. 37 in global tire sales, based on 2019 figures of $686 million in sales.

Balkrishna Industries Ltd up for third consecutive session

Balkrishna Industries Ltd is quoting at Rs 1869, up 1.98% on the day as on 12:49 IST on the NSE. The stock is up 101.65% in last one year as compared to a 61.85% jump in NIFTY and a 74.79% jump in the Nifty Auto index. Balkrishna Industries Ltd is up for a third straight session today. The stock is quoting at Rs 1869, up 1.98% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 14953.6. The Sensex is at 49594.82, up 0.79%. Balkrishna Industries Ltd has gained around 16.36% in last one month. Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has gained around 5.44% in last one month and is currently quoting at 9819.45, up 1.1% on the day. The volume in the stock stood at 4.1 lakh shares today, compared to the daily average of 4.35 lakh shares in last one month.

Auto shares ease

Auto stocks were trading with losses, with the S&P BSE Auto index falling 133.77 points or 0.62% at 21578.2 at 13:48 IST. Among the components of the S&P BSE Auto index, Mahindra & Mahindra Ltd (down 1.77%), Maruti Suzuki India Ltd (down 1.25%),MRF Ltd (down 1%),Amara Raja Batteries Ltd (down 1%),Eicher Motors Ltd (down 0.82%), were the top losers. Among the other losers were Bosch Ltd (down 0.72%), Hero MotoCorp Ltd (down 0.68%), TVS Motor Company Ltd (down 0.48%), Bajaj Auto Ltd (down 0.29%), and Tata Motors Ltd (down 0.17%). On the other hand, Motherson Sumi Systems Ltd (up 1.6%), Balkrishna Industries Ltd (up 1.54%), and Ashok Leyland Ltd (up 0.36%) moved up.

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