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Balkrishna Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts

Balkrishna Industries Limited

Company LogoSymbol: BALKRISIND
Price: ₹3,042.69
Exchange: NSE
Consumer Cyclical -> Auto Parts
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Balkrishna Industries Brief Company Overview

Balkrishna Industries: A Leader in Tire Manufacturing

Balkrishna Industries Limited, established in 1961, is a global player in the tire manufacturing industry. Headquartered in Mumbai, India, the company has a strong market presence across India, Europe, North America, and various international markets.

Balkrishna Industries specializes in producing high-quality off-highway tires for diverse applications. Their extensive product range cater to the agricultural, construction, earthmoving, port, and mining industries, among others.

The company's commitment to innovation and excellence has earned them a reputation for reliability and performance within the industry.

  • 1961: Balkrishna Industries Limited is incorporated.
  • Global Presence: Headquarters in Mumbai, with operations across various locations.
  • Diverse Product Range: Catering to specialized needs of various industries.

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Balkrishna Industries Financial Performance

MetricValueDescription
Market Capital59,501.03 CroreMarket valuation of Balkrishna Industries's shares.
Revenue (TTM)9,924.01 CroreTotal revenue generated by Balkrishna Industries over the past twelve months.
Net Income (TTM)+1,629.59 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin18.42%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin16.42%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+25.7%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+47.59%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
35Company's total debt divided by total shareholder equity.
Total Debt3,099.43 CroreSum of Balkrishna Industries's current & long-term financial obligations.
Total Cash1,423.6 CroreTotal amount of liquid funds available to Balkrishna Industries.
Beta0.77Beta is less than 1 indicating that the Balkrishna Industries's price is less volatile than the market.

Is Balkrishna Industries A Good Buy For Long Term?

Balkrishna Industries, a large-cap company with a market capitalization of 58,820.55 Crore, presents a mixed bag for long-term investors. While the company boasts impressive revenue growth of 25.7% in the most recent quarter and a healthy 16.42% profit margin, its significant debt of 3,099.43 Crore remains a concern. Despite a positive cash balance of 1,423.6 Crore, the debt burden could hinder future growth. With strong historical returns of 86.03% over the past three years and 231.23% over the past five years, Balkrishna Industries is a risky but potentially rewarding long-term investment for those with a high risk tolerance.

To predict the Balkrishna Industries's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Balkrishna Industries Share Price Target For 2024

 Balkrishna Industries Targets For 2024 Chart

The line chart displays the monthly closing prices of Balkrishna Industries with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Balkrishna Industries shares in 2024, see the table below.

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Balkrishna Industries Share Price Target Table For 2024

Balkrishna Industries's LevelsValueReason/Importance
2024 Target 33215.76 (+5.68%)Price Action: Chart
2024 Target 23155.80 (+3.71%)Price Action: 23 Sep 2024 High
2024 Target 13124.44 (+2.68%)Price Action: 16 Sep 2024 High
Current Price3042.69 Balkrishna Industries's 1 share price as of Fri 27 Sep 2024
Stop Loss 12988.00 (-1.8%)Price Action: 06 Sep 2024 High
Stop Loss 22945.10 (-3.21%)Price Action: 05 Sep 2024 Low
Stop Loss 32915.00 (-4.2%)Price Action: 02 Sep 2024 High

Summary: Balkrishna Industries Share Price Prediction For 2024

In summary, Balkrishna Industries has surged by ₹474.14, achieving a notable +18.46% increase from 1st January 2024 to 27 Sep 2024. Our analysis of Balkrishna Industries for 2024 predicts an additional rise of 2.68% to 5.68% by the end of 2024 with three potential targets T1: 3124.44, T2: 3155.80, T3: 3215.76. Stop Loss at SL1: 2988.00, SL2: 2945.10, SL3: 2915.00.

Balkrishna Industries has a 52-week high of ₹3375.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2193.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Balkrishna Industries.

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Balkrishna Industries Share Price Target For 2025

 Balkrishna Industries Targets For 2025 Chart

The line chart displays the monthly closing prices of Balkrishna Industries with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Balkrishna Industries shares in 2025, see the table below.

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Balkrishna Industries Share Price Target Table For 2025

Balkrishna Industries's LevelsValueReason/Importance
2025 Target 33932.23 (+29.23%)Fibonacci Extension Level 150%
2025 Target 23832.80 (+25.96%)Price Action: Chart
2025 Target 13794.85 (+24.72%)Custom Fibonacci Extension Lvl 64.9%
Current Price3042.69 Balkrishna Industries's 1 share price as of Fri 27 Sep 2024
Stop Loss 12870.00 (-5.68%)Price Action: 03 Sep 2024 Low
Stop Loss 22836.94 (-6.77%)Price Action: 28 Aug 2024 High
Stop Loss 32803.05 (-7.88%)Price Action: 27 Aug 2024 Low

Summary: Balkrishna Industries Share Price Prediction For 2025

In summary, Balkrishna Industries has surged by ₹474.14, achieving a notable +18.46% increase from 1st January 2024 to 27 Sep 2024. Our analysis of Balkrishna Industries for 2025 predicts an additional rise of 24.72% to 29.23% by the end of 2025 with three potential targets T1: 3794.85, T2: 3832.80, T3: 3932.23. Stop Loss at SL1: 2870.00, SL2: 2836.94, SL3: 2803.05.

Balkrishna Industries has a All-Time high of ₹3375.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2193.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Balkrishna Industries, we have created a specific page for that check here: Balkrishna Industries Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Balkrishna Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Balkrishna Industries Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Balkrishna Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 9.19% over the next 15 years.

For complete year by year Balkrishna Industries long term share price target from 2024, 2025 to 2039 check the below table.

Balkrishna Industries Share Price Target Table From 2024, 2025, 2026 to 2039

Year Balkrishna Industries TargetYoY Change %
2024₹3,042.69[Current Price]
2024₹2,976.55-2.18%
2025₹3,722.4725.05%
2026₹4,228.7713.6%
2027₹4,612.629.07%
2028₹4,306.22-6.65%
2029₹5,132.4719.18%
2030₹6,077.518.41%
2031₹6,603.618.65%
2032₹6,941.475.11%
2033₹6,280.98-9.52%
2034₹7,288.3816.03%
2035₹8,432.5215.69%
2036₹8,978.456.47%
2037₹9,270.323.25%
2038₹8,255.73-10.95%
2039₹10,198.7923.53%

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Balkrishna Industries Past Performance

BALKRISIND main
Balkrishna Industries has been listed on NSE for more than 31 years.
  • In 1993, Balkrishna Industries opening price was ₹1.29
  • As of Fri 27 Sep 2024 the price stands at ₹3,042.69.
  • This represents a Compound Annual Growth Rate (CAGR) of 27.47%.
  • In 31 years, an investment of 10,000 would have become ₹2.35 Crore.

As we wrap up, we hope you like our study on Balkrishna Industries share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Balkrishna Industries Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter