Balkrishna Industries (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Balkrishna Industries Limited |
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Price: ₹2,790.05 | ||
| 52 Week Low: ₹2,193.80 52 Week High: ₹3,375.00 |
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| Market Capital: 53,063.57 Crore (Largecap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Balkrishna Industries Share Price Target For 2024
- 1.1.1: Balkrishna Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Balkrishna Industries Share Price Target For 2025
- 1.2.1: Balkrishna Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Balkrishna Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Balkrishna Industries Brief Company Overview
- 4: Balkrishna Industries Financial Performance
- 4.0.1: Is Balkrishna Industries A Good Buy For Long Term?
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
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.
Balkrishna Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 2899.0 (+3.90%) | Price Action: 04 Dec 2024 High |
| 2024 Target 2 | 2866.3 (+2.73%) | Price Action: 01 Nov 2024 High |
| 2024 Target 1 | 2835.0 (+1.61%) | Price Action: 01 Nov 2024 Low |
| Current Price | 2790.05 | Balkrishna Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2779.74 (-0.37%) | Technical Indicator: MA250 |
| Stop Loss 2 | 2749.94 (-1.44%) | Price Action: 28 Nov 2024 High |
| Stop Loss 3 | 2719.94 (-2.52%) | Price Action: 18 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Balkrishna Industries is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹2797.78 serves as the nearest technical reference point.
Historical Returns: 3-month: -8.40% | 6-month: -13.24% | 1-year: +9.25%
Balkrishna Industries Share Price Target For 2025
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.
Balkrishna Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 3714.07 (+33.11%) | Price Action: Chart |
| 2025 Target 2 | 3644.82 (+30.63%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 3568.17 (+27.88%) | Fibonacci Extension Level 64.90% |
| Current Price | 2790.05 | Balkrishna Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2620.83 (-6.07%) | Price Action: Oct 2023 High |
| Stop Loss 2 | 2571.47 (-7.84%) | Price Action: Oct 2021 High |
| Stop Loss 3 | 2531.58 (-9.27%) | Price Action: Nov 2021 High |
Long-Term Technical Outlook
52-Week Range Analysis: Balkrishna Industries is currently trading at 50.5% of its 52-week range (₹2193.8 - ₹3375).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +9.25% | 3-year: +23.07% | 5-year: +196.34%
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Approach 2: Machine Learning By Studying Historical Prices
Balkrishna Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2,790.05 | ||
| 2024 | ₹2,756.48 | -1.20% | ₹2,797.83 |
| 2025 | ₹3,071.76 | +11.44% | ₹3,117.84 |
| 2026 | ₹3,232.13 | +5.22% | ₹3,280.61 |
| 2027 | ₹3,265.50 | +1.03% | ₹3,314.48 |
| 2028 | ₹2,850.36 | -12.71% | ₹3,354.47 |
| 2029 | ₹3,200.70 | +12.29% | ₹3,476.80 |
| 2030 | ₹3,551.34 | +10.96% | ₹3,604.61 |
| 2031 | ₹3,721.46 | +4.79% | ₹3,777.28 |
| 2032 | ₹3,745.35 | +0.64% | ₹3,801.53 |
| 2033 | ₹3,257.25 | -13.03% | ₹3,843.80 |
| 2034 | ₹3,644.92 | +11.90% | ₹3,966.13 |
| 2035 | ₹4,030.91 | +10.59% | ₹4,091.37 |
| 2036 | ₹4,210.79 | +4.46% | ₹4,273.95 |
| 2037 | ₹4,225.20 | +0.34% | ₹4,288.58 |
| 2038 | ₹3,664.15 | -13.28% | ₹4,333.13 |
| 2039 | ₹4,122.34 | +12.50% | ₹4,455.46 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Balkrishna Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 53,063.57 Crore | Market valuation of Balkrishna Industries's shares. |
| Revenue (TTM) | 10,090.56 Crore | Total revenue generated by Balkrishna Industries over the past twelve months. |
| Net Income (TTM) | +16,291,000,320.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +17.08% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +16.14% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+7.40% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-0.10% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
33.21 | Company's total debt divided by total shareholder equity. |
| Total Debt | 3,121.69 Crore | Sum of Balkrishna Industries's current & long-term financial obligations. |
| Total Cash | 1,711.11 Crore | Total amount of liquid funds available to Balkrishna Industries. |
| Beta | 0.77 | Beta 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 (BKT), a large-cap stock with a market capitalization of ₹53,063.57 crore, shows mixed signals. While its impressive 5-year return of 201.25% and strong profit margin of 16.14% (₹1,629.1 crore net profit on ₹10,090.56 crore revenue in TTM) are positive, recent performance is concerning: a -16.74% return in the past 3 months. The company holds significant cash (₹1,711.11 crore) but also carries debt (₹3,121.69 crore). Considering the recent downturn and debt levels, BKT is an average buy for the long term, requiring further analysis before a strong recommendation.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
