Balkrishna Industries Limited is a very prominent player in the tire market. Balkrishna Industries Limited has seen very good and remarkable growth in recent years due to strong demand in the agricultural, industrial, and construction sectors. Looking at the strong market position and expansion plans of this company, many are optimistic about the future performance of the company. This article looks into the Balkrishna Industries Share Price Target and its Analysis Of Financial Performance, Trends, and Growth Pattern Till 2030.
Details About the Balkrishna Industries Share Price Target Company
Balkrishna Industries Share Price Target Company is headquartered in Mumbai, Maharashtra. The company specializes in the production of agricultural, construction, and industrial vehicles as well as off-highway vehicles used in specialized areas such as earthmoving, port, mining, and forestry applications. Balkrishna Industries operates multiple manufacturing plants across India in Mumbai, Maharashtra, Rajasthan, and Gujarat.
Market Cap | 54,457 CR INR |
Enterprise Value | 54,377.95 Cr |
52 Week High/Low | 3,377.95 and |
Stock P/E | 33.24 |
Book Value | 458 |
Dividend Yield | 0.57% |
ROCE | 17.66% |
ROE | 17.48% |
Face Value | 2 |
Price to Book Value | 7.48% |
EPS | 22.22 |
Debt | 31.2 |
Promoters Holding | 58.3% |
Key Financial Statistics for Balkrishna Industries Share Price Target
Key Financial Statistics
- Revenue: in ₹93,689 Million FY 2024
- Net Profit: in ₹14,715 Million FY 2024
- Earning Per Share (EPS): ₹76.12
- Return of Equity (ROT): 24%
- Debt-to-Equity Ratio: 0.34, this is the Debt-to-Equity Ratio of Balkrishna Industries
Revenue | ₹93,689 Million |
Net Income | ₹14,715 Million |
Diluted EPS | 74.73 |
Net Profit Margin | 13.82% |
Shareholding Pattern for Balkrishna Industries Share Price Target
The Shareholding Pattern Gives Insight Into The Ownership Structure Of Balkrishna Industries
- Promoting
- Foreign Institutional Investors (FII)
- Domestic Institutional Investors (DII)
HODING | Nov 2024 |
Promotets Holding | 58.29% |
Fll Holding | 11.72% |
MF Holding | 15.36% |
Public Holding | 6.52% |
Other Holding | 8.1% |
Institutional Investor Trends for Balkrishna Industries Share
The trend for Balkrishna Industries’ share target has shown stable and increasing interest in recent quarters. Based on recent data, the promoter holding has remained almost stable with good figures over the last few years, which reflects strong confidence by the primary stakeholder in the company. The company has maintained a healthy balance sheet with increased cash reserves and a significant reduction in working capital days, highlighting efficient management of operating cash flows.
Stock Performance Analysis for Balkrishna Industries Share Price Target
Balkrishna Industries Share Price Target is a leading and good manufacturer of off-highway tyres market which also has a good name in the market. Which also supplies to sectors like agricultural, construction, and industrial vehicles. The stock performance of Balkrishna Industries company is influenced by many factors including market demand, operating capacity, and macroeconomic conditions.
Balkrishna Industries Share Price Target 2024
Most analysts estimate that the share price of Balkrishna Industries can reach between ₹ 2,100 to ₹ 2,500 by the end of this year. This is shown on the basis of current market conditions and the performance of the company.
Year | Price Target |
2024 | ₹2, 500 |
Balkrishna Industries Share Price Target 2025
Balkrishna Industries’ share price target reflects optimism, driven by its strong market position and growth prospects in the global tire industry. And has set a price range for the stock at ₹2,944.15 INR.
Year | Price Target |
2025 | ₹2,944.15 |
Balkrishna Industries Share Price Target 2026
The target price of Balkrishna Industries is influenced by several factors, including the company’s history, performance, market conditions, and industry trends. Based on this, the growth potential for the stock could reach up to ₹3,500.
Year | Price Target |
2026 | ₹3, 500 |
Balkrishna Industries Share Price Target 2027
Balkrishna Industries’ share price is expected to reach ₹3,371.16 by the end of this year, which shows growth at the current level.
Year | Price Target |
2027 | ₹3,371.16 |
Balkrishna Industries Share Price Target 2028
All traders of Balkrishna Industries expect that its share price may reach up to ₹3,619.92 by the end of the year.
Year | Price Target |
2028 | ₹3,619.92 |
Balkrishna Industries Share Price Target 2029
These forecasts reflect strong expectations of continued growth in the off-highway tire market. All analysts of Balkrishna Industries expect its share price to reach ₹5,080.75 by the end of the year.
Year | Price Target |
2029 | ₹5,080.75 |
Balkrishna Industries Share Price Target 2030
This projected growth of Balkrishna Industries Share is based on the company’s continued market leadership in the off-highway tire sector, expanding international presence, and operational advancements. And its share price can reach ₹5,523.20.
Year | Price Target |
2030 | ₹5,523.20 |
Factor Contributing to Growth Risk and Challenge for Balkrishna Industries Share Price Target
- Strong Market Position in Off-Highway Tires: Balkrishna Industries is a leading market leader in off-highway tires, covering sectors such as agriculture, construction, and mining.
- Technological Advancements: Balkrishna Industries’ focus on developing technologically advanced high-performance tires has positioned it to take advantage of the growing demand for durable and specialty products.
- Growing Demand for Off-Highway Tires: Demand for off-highway vehicles and equipment is expected to grow as global infrastructure develops, particularly in developing economies.
- Sustainability Initiatives: Balkrishna Industries has made progress in adopting sustainable manufacturing practices, including reducing environmental impacts, in the production of tires.
- Economic Downturns: Global economic downturns, such as recessions or reduced infrastructure spending, tend to reduce demand for off-highway tires, especially in key sectors such as construction and mining.
- Regulatory changes: Since the company operates in many sectors, it is exposed to risks related to regulatory changes, especially in environmental standards and labor laws.
Technical Analysis for Balkrishna Industries Share Price Target
Balkrishna Industries has shown strong upward momentum in recent years. Key technical indicators point to the possibility of continued growth in the medium to long term. Technical analysis based on the current pattern and indicators shows that the stock has been moving steadily upwards, reaching new highs in the last few years. As per the latest data, Balkrishna Industries has tested key resistance levels above ₹3,500 and has shown the potential to break these levels.
Conclusion
This was a small information about Balkrishna Industries Share Price Target in which we have given you a lot of information about its shares and its price. So Balkrishna Industries will be in a very strong growth position in the coming years. Balkrishna Industries Share Price Target is driven by the company’s leading position in the off-highway tire market, global expansion, technological innovation, and a strong product portfolio that caters to key industries such as agriculture, construction, and mining.
FAQs
Balkrishna Industries Limited is a very big and good and major player in the tire market. Due to the strong demand in the agricultural, industrial, and construction sectors, this company has seen very good and remarkable growth in recent years.
These forecasts reflect strong expectations of continued growth in the off-highway tire market. All analysts of Balkrishna Industries expect its share price to reach ₹ 5,080.75 by the end of the year.
With a strong market position and stability in international markets, Balkrishna Industries can be considered as a long-term growth. However, investors should consider risks such as fluctuations in material costs.
Balkrishna Industries Share Price Target is a leading and good manufacturer in the off-highway tire market which also has a good name in the market. Which also supplies to sectors like agricultural, construction, and industrial vehicles.
Balkrishna Industries has a strong possibility of growth in share price due to its strong market position and global expansion, but external economic factors will need to be monitored.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
