Balkrishna Industries (BALKRISIND) Share Price Falls 2.33% Today: Price Action, Valuation and Peer View
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Balkrishna Industries Share Price was at Rs 2,277.40 on 02 September 2026 at 9:54:33 AM IST, down 2.33% for the day. The stock fell Rs 54.25 from its previous close of Rs 2,331.65, while the company’s market capitalisation stood at Rs 44,097.58 crore. As a Large Cap tyre-sector stock, the move has drawn attention because the session weakened quickly after the open.
The supplied data confirms the decline but does not identify a company-specific trigger behind it. Even without a stated catalyst, the move is notable because the stock opened at Rs 2,347.75, which was also the day’s high, and then moved lower to an intraday low of Rs 2,275. That puts the focus on three practical questions: what today’s price action suggests, how current valuation compares with the Tyres & Allied benchmark, and where Balkrishna Industries stands against major listed peers.
Balkrishna Industries (BALKRISIND) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,277.4 |
| Previous Close | Rs 2,331.65 |
| Today's Move | -Rs 54.25 (-2.33%) |
| Open | Rs 2,347.75 |
| High | Rs 2,347.75 |
| Low | Rs 2,275 |
| Turnover | Rs 0.5 crore |
| Market Capitalisation | Rs 44,097.58 crore |
| Market Cap Category | Large Cap |
Balkrishna Industries Share Price Today reflects a clear intraday decline. The stock opened above the previous close, touched no higher level after the opening print, and then slipped toward Rs 2,275. Trading near the lower end of the range often indicates that early buying interest faded and sellers had the upper hand during the session captured by the data.
Turnover stood at Rs 0.50 crore at the time of the snapshot. That shows activity around the move, but turnover alone does not explain why the stock fell. What it does show is that the price adjustment happened in live trading rather than as a static mark. For a Large Cap company in the Tyres & Allied space, such moves usually lead investors to revisit both technical positioning and underlying valuation.
Balkrishna Industries (BALKRISIND) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 44,097.58 crore |
| P/E Ratio | 32.07x |
| P/B Ratio | 3.95x |
| ROE | 11.65% |
| ROCE | 12.38% |
| EPS | Rs 72.71 |
| Book Value Per Share | Rs 590.02 |
| Dividend Yield | 0.69% |
The company is trading at a P/E ratio of 32.07 and a P/B ratio of 3.95. Those are the first numbers many investors check after a down session, because they indicate how expensive or inexpensive a stock looks relative to its earnings and book value. EPS stands at Rs 72.71 and book value per share at Rs 590.02, offering a direct frame for the current market price.
On profitability, return on equity is 11.65% and return on capital employed is 12.38%. These figures suggest a business with moderate profitability, though they do not by themselves account for today’s move. The dividend yield is 0.69%, which provides a modest income lens alongside valuation. Taken together, the fundamental picture is of a large listed tyre company that still trades at comparatively rich valuation multiples despite only middle-range profitability versus parts of its peer universe.
Technical markers also add context. The RSI is 49.74, while the 50-day DMA is 2,362.86 and the 200-day DMA is 2,300.15. With the current price at Rs 2,277.40, the stock is below both the 50-day and 200-day moving averages in the supplied snapshot. That does not predict what comes next, but it does show the stock trading under these reference levels at the time of the article.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Tyres & Allied |
| Benchmark Scope | same industry |
| Company P/E Ratio | 32.07x |
| Benchmark Median P/E | 23.24x |
| Benchmark Average P/E | 24.05x |
| Benchmark P/E Range | 11.43x to 45.85x |
| Company P/B Ratio | 3.95x |
| Benchmark Median P/B | 2.21x |
| Benchmark Average P/B | 2.05x |
| Company ROE | 11.65% |
| Benchmark Median ROE | 11.96% |
| Benchmark Average ROE | 10.78% |
| Company ROCE | 12.38% |
| Benchmark Median ROCE | 14.3% |
| Benchmark Average ROCE | 7.32% |
| Company Market Capitalisation | Rs 44,097.58 crore |
| Benchmark Median Market Cap | Rs 2,963.8 crore |
| Benchmark Average Market Cap | Rs 13,366.7 crore |
Balkrishna Industries operates in the Automobile & Ancillaries sector and the Tyres & Allied industry. The benchmark supplied for comparison covers 12 companies from the same industry, which makes it a useful reference set for valuation and profitability.
Its P/E of 32.07 is above the industry median of 23.24 and average of 24.05. It is below the benchmark maximum of 45.85 but clearly above the lower end of 11.43. On P/B, the company’s 3.95 is above the median of 2.21 and average of 2.05, and near the higher side of the range that extends to 4.12. In simple terms, the stock is priced at a premium to the industry midpoint on both earnings and book-value measures.
Profitability is more balanced than valuation. ROE of 11.65% is slightly below the industry median of 11.96% but above the average of 10.78%. ROCE of 12.38% is below the median of 14.30% but above the average of 7.32%. Market-cap context is also important: at Rs 44,097.58 crore, the company is far larger than the industry median market cap of Rs 2,963.8 crore and the average of Rs 13,366.7 crore, though still below the top end of Rs 56,771.73 crore. This mix suggests a large and established player that trades richer than the sector midpoint while delivering profitability that sits around the middle rather than the top of the pack.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| MRF | MRF | 56,771.73 | 23.24 | 2.61 | 12.26 | 16.04 |
| Apollo Tyres | APOLLOTYRE | 27,919.04 | 16.46 | 1.65 | 8.73 | 9.22 |
| Ceat | CEATLTD | 13,870.74 | 23.32 | 2.73 | 14.82 | 18.6 |
| JK Tyre & Industries | JKTYRE | 10,927.61 | 16.56 | 1.77 | 14.03 | 14.3 |
| TVS Srichakra | TVSSRICHAK | 4,224.82 | 45.85 | 3.46 | 1.79 | 4.8 |
The peer set helps explain why Balkrishna Industries Share Price is being watched closely after today’s fall. Compared with MRF, Balkrishna Industries has a smaller market cap at Rs 44,097.58 crore versus Rs 56,771.73 crore, but a higher P/E at 32.07 versus 23.24. Its ROE of 11.65% is slightly below MRF’s 12.26%, and its ROCE of 12.38% is below MRF’s 16.04%.
Against Apollo Tyres and JK Tyre, the valuation gap is wider. Balkrishna Industries trades at a much higher P/E than Apollo’s 16.46 and JK Tyre’s 16.56, and also at a higher P/B than their 1.65 and 1.77 respectively. Profitability is mixed in this comparison: its ROE is above Apollo Tyres’ 8.73% but below JK Tyre’s 14.03%.
Ceat offers another useful reference point. Balkrishna Industries trades at a higher P/E than Ceat’s 23.32 and a higher P/B than 2.73, while Ceat shows stronger ROE at 14.82% and ROCE at 18.60%. TVS Srichakra, by contrast, carries the highest P/E in this peer group at 45.85, but its ROE of 1.79% and ROCE of 4.80% are much lower. Overall, the peer view places Balkrishna Industries in the upper valuation bracket of the tyre pack without leading on every profitability metric.
Why Investors Are Watching Balkrishna Industries
- Price action: the stock fell 2.33% to Rs 2,277.40 from a previous close of Rs 2,331.65.
- Intraday pattern: it opened at the day’s high of Rs 2,347.75 and slipped to Rs 2,275.
- Technical context: the price is below the 50-day DMA of 2,362.86 and the 200-day DMA of 2,300.15, while RSI stands at 49.74.
- Valuation: the P/E of 32.07 and P/B of 3.95 are above same-industry median and average levels.
- Sector positioning: with a market cap of Rs 44,097.58 crore, the company is much larger than the industry median.
About Balkrishna Industries
Balkrishna Industries is part of the Automobile & Ancillaries sector and operates within the Tyres & Allied industry. Based on the supplied market snapshot, it is one of the larger listed companies in this segment by market capitalisation. That scale makes it relevant not only to stock-specific trackers but also to investors comparing the listed tyre space on size, valuation and profitability.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Balkrishna Industries Share Price falling today?
Ans. The stock is down 2.33% at Rs 2,277.40 compared with the previous close of Rs 2,331.65. The supplied data confirms the decline, but it does not provide a company-specific catalyst behind the move.
What is Balkrishna Industries Share Price Today?
Ans. Balkrishna Industries Share Price Today was Rs 2,277.40 at 9:54:33 AM IST on 02 September 2026. The stock was down Rs 54.25 on the day, a decline of 2.33% from its previous close.
What does today’s intraday range show for Balkrishna Industries?
Ans. The stock opened at Rs 2,347.75, which was also the day’s high, and slipped to a low of Rs 2,275. Trading near the lower end of that range shows the session weakened after the open.
How is Balkrishna Industries valued on P/E and P/B?
Ans. It trades at a P/E ratio of 32.07 and a P/B ratio of 3.95. Both are above the same-industry median levels of 23.24 and 2.21 respectively. The company trades at a P/E ratio of 32.07x.
What do ROE and ROCE indicate for Balkrishna Industries?
Ans. ROE is 11.65% and ROCE is 12.38%. ROE is slightly below the industry median of 11.96%, while ROCE is below the median of 14.30% but above the industry average of 7.32%.
How does Balkrishna Industries compare with MRF and Ceat?
Ans. Its P/E of 32.07 is higher than MRF’s 23.24 and Ceat’s 23.32. Its ROE of 11.65% is below MRF’s 12.26% and Ceat’s 14.82%, while its market cap is below MRF and above Ceat.
How does Balkrishna Industries compare with Apollo Tyres and JK Tyre?
Ans. It trades at a much higher P/E than Apollo Tyres at 16.46 and JK Tyre at 16.56. Its ROE of 11.65% is above Apollo’s 8.73% but below JK Tyre’s 14.03%.
What should investors monitor next?
Ans. Investors may watch whether the stock stabilises after today’s decline, along with valuation relative to peers, profitability measures such as ROE and ROCE, and how the price behaves versus the 50-day and 200-day moving averages.
