In the morning trade, Balkrishna Industries Ltd’s shares are quoted at Rs 2,238, up 1.07% on the NSE. The stock is down 10.11% in 2022 compared to a 1.86% fall in Nifty, and a 10.18% went down in the Nifty Bank index.
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The stock is quoting at Rs 2238, up 1.07% on the NSE. The benchmark Nifty is up around 0.33% daily, with 17,916.25. The Sensex is at 60,168.85, up 0.35%. Balkrishna Industries Ltd has added around 4.19% in the previous month.
Meanwhile, the Nifty Bank index, of which Balkrishna Industries Ltd is a constituent, has added around 1.35% in December 2022 and is currently quoting at 12,769.4, up 0.46% on the day. Today, the volume in the stock stood at 1.95 lakh shares compared to the daily average of 3.21 lakh shares in the previous month.
The stock’s benchmark in the January futures contract is Rs 2,234, up 1.2% on the day. Balkrishna Industries Ltd fell 10.11% in 2022 compared to a 1.86% fall in Nifty and a 10.18% fall in the Nifty Bank index.
As on September 30, 2022, the PE of the stock is 30.01 based on TTM earnings.
