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Balkrishna Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Balkrishna Industries Limited | |||
Symbol: BALKRISIND | |||
Price: ₹2,721.94 | |||
Exchange: NSE | |||
Consumer Cyclical -> Auto Parts |
Show Table of Contents
Table of Contents
- 1: Balkrishna Industries Brief Company Overview
- 1.1: Balkrishna Industries: A Leader in Tire Manufacturing
- 1.2: Balkrishna Industries Financial Performance
- 1.2.1: Is Balkrishna Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Balkrishna Industries Share Price Target For 2024
- 2.1.1: Balkrishna Industries Share Price Target Table For 2024
- 2.1.2: Summary: Balkrishna Industries Share Price Prediction For 2024
- 2.2: Balkrishna Industries Share Price Target For 2025
- 2.2.1: Balkrishna Industries Share Price Target Table For 2025
- 2.2.2: Summary: Balkrishna Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Balkrishna Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Balkrishna Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Balkrishna Industries Past Performance
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 | 55,416.28 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) | +1,629.1 Crore | 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) | +7.4% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | -0.1% | 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 ₹51,281.19 crore, shows mixed signals for long-term investment. While its impressive 5-year return of 198.14% and a healthy profit margin of 16.14% are positive indicators, a recent 3-month return of -17.60% and existing debt of ₹3,121.69 crore against a cash balance of ₹1,711.11 crore raise concerns. Despite a strong revenue growth of 7.4% quarter-on-quarter (Q2 2024-25), the slight dip in earnings (-0.1% YoY) warrants caution. Therefore, it's currently an average buy, requiring further analysis before a strong buy recommendation.
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
Balkrishna Industries's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 2790.93 (+2.53%) | Fibonacci Extension Level 150% |
2024 Target 2 | 2759.22 (+1.36%) | Technical Indicator: MA250 |
2024 Target 1 | 2730.00 (+0.29%) | Price Action: 12 Nov 2024 Low |
Current Price | 2721.94 | Balkrishna Industries's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 2718.11 (-0.15%) | Price Action: Chart |
Stop Loss 2 | 2690.50 (-1.16%) | Fibonacci Retracement Extended 40% |
Stop Loss 3 | 2661.14 (-2.24%) | Price Action: 14 Nov 2024 Low |
Summary: Balkrishna Industries Share Price Prediction For 2024
In summary, Balkrishna Industries has surged by ₹153.39, achieving a notable +5.97% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Balkrishna Industries for 2024 predicts an additional rise of 0.29% to 2.53% by the end of 2024 with three potential targets T1: 2730.00, T2: 2759.22, T3: 2790.93. Stop Loss at SL1: 2718.11, SL2: 2690.50, SL3: 2661.14.
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
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
Balkrishna Industries's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 3575.51 (+31.35%) | Price Action: Chart |
2025 Target 2 | 3508.84 (+28.9%) | Price Action: Chart |
2025 Target 1 | 3474.10 (+27.63%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 2721.94 | Balkrishna Industries's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 2549.10 (-6.35%) | Price Action: Jul 2023 High |
Stop Loss 2 | 2521.35 (-7.37%) | Price Action: Jan 2022 High |
Stop Loss 3 | 2494.00 (-8.38%) | Price Action: Feb 2024 High |
Summary: Balkrishna Industries Share Price Prediction For 2025
In summary, Balkrishna Industries has surged by ₹153.39, achieving a notable +5.97% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Balkrishna Industries for 2025 predicts an additional rise of 27.63% to 31.35% by the end of 2025 with three potential targets T1: 3474.10, T2: 3508.84, T3: 3575.51. Stop Loss at SL1: 2549.10, SL2: 2521.35, SL3: 2494.00.
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
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 2.22% 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 Target | YoY Change % |
---|---|---|
2024 | ₹2,721.94 | [Current Price] |
2024 | ₹2,741.84 | 0.73% |
2025 | ₹3,028.96 | 10.47% |
2026 | ₹3,160.91 | 4.35% |
2027 | ₹3,168.63 | 0.24% |
2028 | ₹2,745.32 | -13.36% |
2029 | ₹3,061.01 | 11.49% |
2030 | ₹3,373.53 | 10.2% |
2031 | ₹3,512.49 | 4.11% |
2032 | ₹3,513.4 | 0.02% |
2033 | ₹3,037.67 | -13.55% |
2034 | ₹3,380.17 | 11.27% |
2035 | ₹3,718.09 | 9.99% |
2036 | ₹3,864.07 | 3.92% |
2037 | ₹3,858.17 | -0.16% |
2038 | ₹3,330.01 | -13.69% |
2039 | ₹3,730.78 | 12.03% |
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Balkrishna Industries Past Performance
- In 1993, Balkrishna Industries opening price was ₹1.29
- As of Thu 21 Nov 2024 the price stands at ₹2,721.94.
- This represents a Compound Annual Growth Rate (CAGR) of 27.02%.
- In 31 years, an investment of 10,000 would have become ₹2.11 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.
- Balkrishna Industries Share Price History
- Balkrishna Industries Price Target Tomorrow
- Balkrishna Industries Dividend History
- Balkrishna Industries Bonus History
- Balkrishna Industries Split History
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.