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Balkrishna Industries shines on extending partnership with BBL

07 Oct 2020 Evaluate

Balkrishna Industries is currently trading at Rs. 1447.30, up by 12.45 points or 0.87% from its previous closing of Rs. 1434.85 on the BSE.

The scrip opened at Rs. 1430.00 and has touched a high and low of Rs. 1485.00 and Rs. 1429.65 respectively. So far 154318 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1514.70 on 30-Sep-2020 and a 52 week low of Rs. 677.60 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1499.00 and Rs. 1429.65 respectively. The current market cap of the company is Rs. 28103.49 crore.

The promoters holding in the company stood at 58.30%, while Institutions and Non-Institutions held 30.77% and 10.94% respectively.

Balkrishna Industries (BKT) has become a ‘league partner’ of Australian T20 cricket league, KFC Big Bash League (BBL), joining the club of marquee names as the second highest category of sponsors after the title sponsor. The company has upgraded and extended its partnership with the BBL following an agreement signed with Cricket Australia. The partnership signed in 2018 was initially envisaged up to 2021, but will now continue up to 2023.

As league partner, company will receive several additional rights, including expanded visibility on LED boards, vision screens, boundary ropes and umpires' uniforms. The company will also receive the right to create several activations, both at venue and outside venue, as well as comprehensive digital support from Cricket Australia. The BKT brand will also continue to be highly visible during international matches and during fan events organized over the course of the season.

Balkrishna Industries is a leading manufacturer in the Off-Highway tire market. Since its founding in 1987, BKT has successfully focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.

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
View more..

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