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Balkrishna Industries gains on developing prototype for biggest tyre for rigid dump truck

04 Nov 2020 Evaluate

Balkrishna Industries is currently trading at Rs. 1351.65, up by 1.85 points or 0.14% from its previous closing of Rs. 1349.80 on the BSE.

The scrip opened at Rs. 1368.00 and has touched a high and low of Rs. 1368.00 and Rs. 1331.00 respectively. So far 6786 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. 1368.55 and Rs. 1307.05 respectively. The current market cap of the company is Rs. 25820.41 crore.

The promoters holding in the company stood at 58.30%, while Institutions and Non-Institutions held 30.49% and 11.21% respectively.

Balkrishna Industries has developed a prototype for its biggest tyre for rigid dump truck and mass production of the tyre is expected to commence by the second quarter of next year. The prototype is for Earthmax SR 468, which will be part of the range of radial tyres used for off-road vehicles and equipped with an all-steel structure.

The company sells its tyres under the BKT brand and manufactures off-highway tyres specifically designed for vehicles operating in agricultural, industrial, earthmoving, mining, port, ATV (golf) and gardening sectors.

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

2329.80 -14.00 (-0.60%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
View more..

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