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.
| Company Name | CMP |
|---|---|
| MRF | 130559.05 |
| Apollo Tyres | 409.20 |
| CEAT | 3325.15 |
| Balkrishna Inds. | 2263.25 |
| JK Tyres & Inds. | 406.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: