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Balkrishna Industries gets nod to enhance carbon black project size

13 Aug 2018 Evaluate

Balkrishna Industries has received an approval to enhance the carbon black project size from 60,000 MT p.a. to 1,40,000 MT p.a, considering the overall demand / supply outlook of Carbon Black. The total capital outlay on the entire project is estimated at Rs 425 crore which is planned to be completed by financial year 2020-2021. The Board of Directors of the company at their meeting held on August 11, 2018, approved the same. Earlier, the company had initiated to set up a carbon black project of 60,000 MT p.a. which is presently underway.

Balkrishna Industries operates mainly in the business segment of tires.

Balkrishna Inds. Share Price

2263.25 4.15 (0.18%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 130559.05
Apollo Tyres 409.20
CEAT 3325.15
Balkrishna Inds. 2263.25
JK Tyres & Inds. 406.10
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