Balkrishna Industries Q1 FY27: Net profit climbs 56% YoY on robust Rs3,455.27 Cr revenue backed by major Pirelli partnership
India, Oct. 22 -- The off-highway tyre and carbon black maker Balkrishna Industries has stepped into a new chapter in passenger car tyres. A fresh tie-up with a leading global Italian tyre name could reshape its on-highway plans, while its latest quarter showed strong growth, as investors now weigh what comes next for shareholders.
The Nifty 50 traded at 22,617, down 0.85%, while the Sensex fell 0.73% to 73,178 on Thursday. Following this the Shares of Balkrishna Industries Ltd are trading at Rs. 2,101.50, up 3.07 percent on Thursday. The stock touched the intraday high of Rs. 2,124.60 after opening at Rs. 2,039.60 before slipping to a low of Rs. 2,010.10. The company commands a market capitalization of Rs. 40,662.34 crore.
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