Balkrishna Industries Limited Share Price Today

Techno Funda Ratings

RS Rating
16
Weak
EPS Rating
14
A/D Rating
D
Weak

Key Metrics

Current Price

₹2145

Market Cap

₹ 39,926 Cr.

Stock P/E

38.7

ROE

9.66 %

RSI

48.66

Trend

Bearish

Share Price Chart

Technical Commentary

Balkrishna Industries Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of D, a Relative Strength Rating of 16 and an EPS Rating of 14. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Structural Downward Distribution Phase (Avoid / Sell Setup). Balkrishna Industries Ltd is currently locked in a severe structural downtrend, trading below its declining 50-day moving average (2180.18) and defensive 200-day moving average (2294.09). A weak market performance score (RS Rating: 16) combined with lagging fundamental corporate earnings growth (EPS Rating: 14) indicates that large-scale institutional capital is rotating out of this asset. Net accumulation metrics are extremely poor (A/D Rating: D), and the balanced RSI of 48.66 proves that the stock is not yet oversold enough to trigger a meaningful dead-cat bounce. Fresh long entries are highly discouraged, as the stock offers no technical reversal signals. Capital preservation is the priority here; capital should be reallocated to higher-strength sectors.

Company Overview

Balkrishna Industries Limited (BKT) started its Off-Highway tyre business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications. [1]

Balkrishna Industries Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Balkrishna Industries Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Balkrishna Industries Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price2145
RSI (14)48.66
50 DMA2180.18
200 DMA2294.09
TrendBearish
A/D RatingD
RS Rating16
EPS Rating14
TI650.99
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Balkrishna Industries Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹2240.66
R2₹2215.23
R1₹2173.06
PP₹2147.63
S1₹2105.46
S2₹2080.03
S3₹2037.86

Financial Ratios

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MetricValue
Market Cap₹ 39,926 Cr.
Current Price₹ 2,065
High / Low₹ 2,801 / 1,970
Stock P/E38.7
Book Value₹ 567
Dividend Yield0.77 %
ROCE11.2 %
ROE9.66 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20232,31726021%
Jun 20232,15933223%
Sep 20232,25334724%
Dec 20232,27430524%
Mar 20242,68248725%
Jun 20242,71449024%
Sep 20242,42034724%
Dec 20242,56044923%
Mar 20252,75236922%
Jun 20252,76028818%
Sep 20252,39327321%
Dec 20252,73738224%
Mar 20262,93329922%

Shareholding Pattern

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HolderHolding
Promoters 54.37%
FIIs 18.29%
DIIs 13.23%
Government 0.00%
Public 14.11%
No. of Shareholders14,211

Pros and Cons

Pros

    Cons

    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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    Frequently Asked Questions

    What is the current technical trend and RSI for Balkrishna Industries Ltd share?

    Based on the latest closing data, the technical momentum for Balkrishna Industries Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 48.66, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (2180.18) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Balkrishna Industries Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Balkrishna Industries Ltd today centers at a Pivot Point (PP) of ₹2147.63. Upside resistance challenges are calculated at R1: ₹2173.06, R2: ₹2215.23, and R3: ₹2240.66. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹2105.46, S2: ₹2080.03, and S3: ₹2037.86.

    How does the fundamental ROE and P/E ratio look for Balkrishna Industries Ltd?

    Balkrishna Industries Ltd is currently trading with a valuation metrics context of a Stock P/E of 38.7, against a core structural efficiency Return on Equity (ROE) standing at 9.66 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 14, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Balkrishna Industries Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Structural Downward Distribution Phase (Avoid / Sell Setup). Balkrishna Industri... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of D, a Relative Strength (RS) ranking of 16, and long-term trend backing from the TI65 indicator (Neutral pattern).

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