Balkrishna Industries shares rise 8% after Q1FY27 results, 200% final dividend: Should you buy?
New Delhi, July 30 -- Balkrishna Industries share price: Balkrishna Industries Ltd. shares rallied more than 10% on Thursday, July 30, after the tyre manufacturer reported a robust set of Q1 FY27 earnings and a final dividend at its Annual General Meeting (AGM) held on July 29.
The company delivered strong earnings growth during the June quarter, driven by higher revenue and better operating performance. According to its exchange filing, consolidated net profit climbed 56.4% YoY to Rs.451 crore, compared with Rs.288 crore in the corresponding quarter last year.
Revenue from operations rose 25% YoY to Rs.3,455 crore, against Rs.2,760 crore in the year-ago period, reflecting healthy business momentum across key markets.
Alongside the qua...
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