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Balkrishna Industries (BALKRISIND) Share Price falls 2.31% as stock trades at Rs 2,215.40

21 Sept 202610:24 am

Balkrishna Industries (BALKRISIND) Share Price falls 2.31% as stock trades at Rs 2,215.40
Balkrishna Industries (BALKRISIND) share price fell to Rs 2,215.4 today, down 2.31% from the previous close. Market cap was Rs 43,839.51 crore.

Balkrishna Industries Share Price moved lower today as the stock settled at Rs 2,215.40, down 2.31% from the previous close of Rs 2,267.75. The company’s market capitalisation stands at Rs 43,839.51 crore, which places it in the Large Cap category. The day’s decline of Rs 52.35 is the main market event in Balkrishna Industries Share Price Today, and the supplied data confirms the price move but does not establish a company-specific catalyst. For readers tracking Balkrishna Industries Stock News, the update is important because it combines a lower close with a valuation profile that can be compared against Tyres & Allied peers and the broader Automobile & Ancillaries group. Univest is covering the move as a factual price event, with the focus on what changed in the session and what the financial data says next.

In today’s session, the stock opened at Rs 2,225.20, moved as high as Rs 2,261.00, and touched an intraday low of Rs 2,213.90 before ending at Rs 2,215.40. The turnover was Rs 0.68 crore. For investors searching for Balkrishna Industries Share Price Today or Balkrishna Industries Share Price News, the key point is that the decline came after a trade range that remained relatively close to the opening print, while the day’s low finished just below the closing price. Univest is presenting this as a factual snapshot of Balkrishna Industries Share Price Update rather than a cause-and-effect explanation.

Balkrishna Industries (BALKRISIND) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 2,215.4
Previous Close Rs 2,267.75
Today's Move -Rs 52.35 (-2.31%)
Open Rs 2,225.2
High Rs 2,261
Low Rs 2,213.9
Turnover Rs 0.68 crore
Market Capitalisation Rs 43,839.51 crore
Market Cap Category Large Cap

Balkrishna Industries Share Price Today reflects a session where the stock traded below the previous close of Rs 2,267.75 throughout the day and ended at Rs 2,215.40. The absolute move of Rs 52.35 and the 2.31% decline were enough to make today’s price action relevant for short-term stock news tracking, especially because the company sits in the Large Cap category with a market capitalisation of Rs 43,839.51 crore. The open at Rs 2,225.20 was already below the last close, and the stock briefly reached Rs 2,261.00 before easing to the day’s low of Rs 2,213.90. That range shows the full day’s movement in a compact way: the stock did not reclaim the prior close, and the final price remained close to the low of the session.

Turnover for the day was Rs 0.68 crore, which is a factual traded-value metric for the session and not a reason for the move. For anyone following Balkrishna Industries Share Price Fall or Balkrishna Industries Stock Falling Today, the useful takeaway is that the decline was visible in both the closing price and the intraday path. Univest uses this kind of price action analysis to separate what happened from what is only being guessed. The next step is to examine whether the valuation and operating context support a fuller Balkrishna Industries Stock Analysis.

Balkrishna Industries (BALKRISIND) Fundamental Analysis

Metric Value
Market Capitalisation Rs 43,839.51 crore
P/E Ratio 31.19x
P/B Ratio 3.84x
ROE 11.65%
ROCE 12.38%
EPS Rs 72.71
Book Value Per Share Rs 590.02
Dividend Yield 0.71%

The fundamentals place Balkrishna Industries Share Price in a more detailed context than the day’s decline alone. The company’s market capitalisation is Rs 43,839.51 crore, and its valuation stands at a P/E ratio of 31.19 and a P/B ratio of 3.84. These figures matter because they show how the market is pricing earnings and book value in the current Balkrishna Industries Share Price environment. The EPS is Rs 72.71, book value per share is Rs 590.02, and dividend yield is 0.71%. Each of these is useful for Balkrishna Industries Fundamental Analysis: EPS captures earnings attributable to each share, book value indicates the accounting net worth behind each share, and dividend yield shows the historical payout relative to the current price.

Return ratios add another layer. ROE is 11.65% and ROCE is 12.38%, which give a read on how the company has converted equity and capital employed into returns. The current figures do not by themselves explain the day’s price move, but they do help frame Balkrishna Industries Latest News in a valuation and quality context. Univest highlights these numbers because a share price fall often gets more attention when the stock is already trading on a higher multiple than its industry group. That comparison is most useful when read alongside the sector benchmark and peer set in Tyres & Allied.

Sector and Industry Context

Metric Value
Sector Automobile & Ancillaries
Industry Tyres & Allied
Benchmark Scope same industry
Company P/E Ratio 31.19x
Benchmark Median P/E 23.8x
Benchmark Average P/E 24.36x
Benchmark P/E Range 10.72x to 40.17x
Company P/B Ratio 3.84x
Benchmark Median P/B 2.09x
Benchmark Average P/B 1.95x
Company ROE 11.65%
Benchmark Median ROE 11.96%
Benchmark Average ROE 11.13%
Company ROCE 12.38%
Benchmark Median ROCE 14.3%
Benchmark Average ROCE 7.58%
Company Market Capitalisation Rs 43,839.51 crore
Benchmark Median Market Cap Rs 2,668.2 crore
Benchmark Average Market Cap Rs 12,795.14 crore

Balkrishna Industries operates in the Automobile & Ancillaries sector and the Tyres & Allied industry. In the supplied benchmark set of 12 companies from the same industry, the company’s P/E of 31.19 is above the benchmark median of 23.8 and the benchmark average of 24.36. Its P/B of 3.84 is also above the benchmark median of 2.09 and the benchmark average of 1.95. On return ratios, ROE of 11.65% is slightly below the benchmark median of 11.96% but above the benchmark average of 11.13%, while ROCE of 12.38% is below both the benchmark median of 14.3% and the benchmark average of 7.58%. The benchmark scope is the same industry, with 12 companies in the comparison set.

In market-cap terms, the company’s Rs 43,839.51 crore valuation is well above the benchmark median of Rs 2,668.2 crore and above the benchmark average of Rs 12,795.14 crore. That comparison is useful for Balkrishna Industries Share Price Today because it places the stock in a far larger company-size bracket than most industry peers. The sector view does not explain today’s fall, but it does show that the stock trades at a richer multiple than the median Tyres & Allied company. For Univest readers, that is the main sector context behind today’s Balkrishna Industries Stock News.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
MRF MRF 53,238.47 22.04 2.48 12.26 16.04
Apollo Tyres APOLLOTYRE 26,153.46 15.31 1.53 8.73 9.22
Ceat CEATLTD 14,028.9 23.8 2.78 14.82 18.6
JK Tyre & Industries JKTYRE 10,077.16 15.48 1.65 14.03 14.3
TVS Srichakra TVSSRICHAK 3,710.11 40.17 3.03 5.99 7.98

Against listed peers, Balkrishna Industries stands out on size and valuation. Its market capitalisation of Rs 43,839.51 crore is below MRF at Rs 53,238.47 crore but above Apollo Tyres at Rs 26,153.46 crore, Ceat at Rs 14,028.90 crore and JK Tyre & Industries at Rs 10,077.16 crore. On P/E, Balkrishna Industries at 31.19 is above MRF at 22.04, Apollo Tyres at 15.31, Ceat at 23.8 and JK Tyre at 15.48. It is also above MRF’s 12.26% ROE? No—Balkrishna Industries’ ROE of 11.65% is below MRF’s 12.26% and below Ceat’s 14.82% and JK Tyre’s 14.03%, while it is above Apollo Tyres’ 8.73%.

ROCE at 12.38% is below MRF’s 16.04%, Ceat’s 18.6% and JK Tyre’s 14.3%, but above Apollo Tyres’ 9.22%. This peer set helps frame Balkrishna Industries Share Price as a stock that carries a higher earnings multiple than several tire peers even though its return ratios are mixed relative to the group. Univest places this peer comparison near the price event so readers can connect Balkrishna Industries Share Price Fall with measurable industry context rather than headlines alone.

Why Investors Are Watching Balkrishna Industries

  • Balkrishna Industries Share Price fell 2.31% today to Rs 2,215.40.
  • The previous close was Rs 2,267.75, while the day’s low was Rs 2,213.90.
  • Market capitalisation stands at Rs 43,839.51 crore, placing it in the Large Cap category.
  • P/E is 31.19 and P/B is 3.84, both above the same-industry benchmark median.
  • ROE is 11.65% and ROCE is 12.38%, which can be compared with the Tyres & Allied peer set.

About Balkrishna Industries

Balkrishna Industries is part of the Automobile & Ancillaries sector and the Tyres & Allied industry. The supplied data supports analysis through market capitalisation, valuation metrics and peer comparison within the same industry. For readers following Balkrishna Industries Share Price News, the company is best understood through its listed-market profile, its current price move and its position within the industry benchmark set used in this article.

Track Balkrishna Industries Share Price on Univest

Use Balkrishna Industries (BALKRISIND) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.

Readers can track Balkrishna Industries Share Price on Univest for live share price updates, valuation ratios, shareholding pattern, market insights and historical levels. Univest also presents company news, peer comparisons and financial metrics in one place so users can follow Balkrishna Industries Stock News and Balkrishna Industries Share Price Update with context.

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 did Balkrishna Industries Share Price fall today?

Ans.  Balkrishna Industries Share Price fell 2.31% to Rs 2,215.40 today. The supplied data confirms the price move, but it does not establish a company-specific catalyst behind the decline. The previous close was Rs 2,267.75.

What was Balkrishna Industries Share Price today?

Ans.  Balkrishna Industries Share Price today was Rs 2,215.40, compared with the previous close of Rs 2,267.75. The stock moved between Rs 2,213.90 and Rs 2,261.00 during the session. The previous close was Rs 2,267.75.

What is Balkrishna Industries market capitalisation?

Ans.  Balkrishna Industries has a market capitalisation of Rs 43,839.51 crore. That places it in the Large Cap category and well above the same-industry benchmark median of Rs 2,668.2 crore. The company operates in the Automobile & Ancillaries sector.

How does Balkrishna Industries compare with Tyres & Allied peers?

Ans.  Balkrishna Industries trades at a P/E of 31.19, above the industry median of 23.8. Its ROE of 11.65% and ROCE of 12.38% can be compared with MRF, Apollo Tyres, Ceat and JK Tyre.

What do Balkrishna Industries EPS and book value show?

Ans.  Balkrishna Industries reports EPS of Rs 72.71 and book value of Rs 590.02. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.

What does Balkrishna Industries dividend yield indicate?

Ans.  Balkrishna Industries has a dividend yield of 0.71%. This is historical or current data linked to the stock price and should be read alongside valuation, profitability and market-cap context rather than in isolation.

Frequently Asked Questions

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