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BALKRISIND

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Analysis and statistics

  • Open
    2429.6291$
  • Previous Close
    2417.5451$
  • 52 Week Change
    991.81$
  • Day Range
    12.08$
  • 52 Week High/Low
    2145.6696$ - 3137.4824$
  • Dividend Per Share
    0.0066
  • Market cap
    466 667 M$
  • EPS
    14.91
  • Beta
    0.442
  • Volume
    --

About

BALKRISIND.NSE refers to the stock of Balkrishna Industries Ltd, which is an Indian multinational tire manufacturing company. It is listed on the National Stock Exchange of India (NSE). The company specializes in off-highway tires used in agricultural, industrial, construction, and mining vehicles.
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Factors

Typos are not allowed. Raw Material Prices: Rubber prices directly impact Balkrishna Industries' (BALKRISIND) profitability since rubber is a key input. Increased rubber costs can squeeze margins.

Demand for Tires: Global demand for off-highway tires, especially in agriculture and construction sectors, significantly influences sales and thus the stock price.

Currency Fluctuations: As a major exporter, BALKRISIND is exposed to currency risk. Rupee appreciation versus other currencies could negatively impact export revenues.

Government Policies: Changes in import/export duties, tax regulations, or infrastructure spending by governments affect the company's business environment and investor sentiment.

Competition: The presence of strong competitors and their pricing strategies influence BALKRISIND's market share and profitability.

Economic Growth: Global and domestic economic growth prospects impact demand for the company's products, thus affecting the stock's value.

Company Performance: BALKRISIND's financial results, including revenue growth, profitability, and debt levels, directly influence investor perception and stock price.

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