Balkrishna Industries soars post Q4 numbers

26 May 2017 Evaluate

Balkrishna Industries is currently trading at Rs. 1529.95, up by 34.50 points or 2.31% from its previous closing of Rs. 1495.45 on the BSE.

The scrip opened at Rs. 1509.00 and has touched a high and low of Rs. 1530.10 and Rs. 1480.30 respectively. So far 3417 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.00 on 18-May-2017 and a 52 week low of Rs. 650.00 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 1548.00 and Rs. 1425.35 respectively. The current market cap of the company is Rs. 14672.77 crore.

The promoters holding in the company stood at 54.37%, while institutions and non-institutions held 31.52% and 14.11% respectively.

Balkrishna Industries India has reported a marginal rise of 1.79% in its net profit at Rs 137.47 crore for the quarter ended March 31, 2017 as compared to Rs 135.05 crore for the same quarter in the previous year. Total income of the company increased by 13.12% at Rs 1064.66 crore for quarter under review as compared to Rs 941.21 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted a jump of 63.06% in its net profit at Rs 715.14 crore as compared to Rs 438.57 crore in FY16. Total income of company increased by 18% at Rs 4037.41 crore for year under review as compared to Rs 3421.48 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a jump of 60.83% in its net profit at Rs 716.85 crore as compared to Rs 445.72 crore in FY16. Total income of company increased 16.58% at Rs 4037.47 crore for year under review as compared to Rs 3463.20 crore for the year ended March 31, 2016.

Balkrishna Inds. Share Price

2338.15 2.15 (0.09%)
19-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
MRF 129600.00
Apollo Tyres 473.55
CEAT 2483.45
Balkrishna Inds. 2338.15
JK Tyres & Inds. 404.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.