If you are looking for “ Balkrishna Industries share price targets” for upcoming years, you are in the right place. Before we dive into Balkrishna Industries Ltd. stock price targets, Let’s understand the Balkrishna Industries company background, technical fundamentals etc.
About Balkrishna Industries Ltd.
Balkrishna Industries Ltd. (BKT) is a leading manufacturer of off-highway tires. The company was founded in 1987 and is headquartered in Mumbai, India. BKT produces a wide range of tires for various applications, including agricultural, industrial, construction, and mining. The company has a global presence, with manufacturing facilities in India and Europe, and a distribution network in over 160 countries. BKT has received several awards and recognitions for its products and contributions to the industry.
Fundamentals of Balkrishna Industries Ltd.
Let’s look at the fundamentals of Balkrishna Industries, based on which we can get a clear understanding of the expertise in the Tyres & Allied sector.
- Current Market Cap: The current market cap of Balkrishna Industries as of 3/11/2023, is ₹ 44,585.71
- P/E Ratio: The current price-to-earning ratio of Balkrishna Industries is 31.27
- Sales Growth: Sales growth in last 1 year for Balkrishna Industries is 43.44 %
- Profit Growth: Profit growth is around 21.9 % in last 1 year
Balkrishna Industries Ltd. Share Price Target Details
We have done a complete analysis of Balkrishna Industries and have come up with its share price targets for upcoming years.
Balkrishna Industries’s Current Share Price is ₹2,306
Note: These price targets of “Balkrishna Industries” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
Year | Balkrishna Industries Share Price Targets (₹) |
---|---|
2023 | 2616 |
2024 | 2771 |
2025 | 2926 |
2026 | 3081 |
2027 | 3236 |
2028 | 3391 |
2029 | 3546 |
2030 | 3701 |
Balkrishna Industries share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Balkrishna Industries for the year 2023 will be ₹2616
Balkrishna Industries share price target 2024
The target share price of Balkrishna Industries for the year 2024 will be ₹2771
Balkrishna Industries share price target 2025
The target share price of Balkrishna Industries for the year 2025 will be ₹2926
Balkrishna Industries share price target 2026
The target price of Balkrishna Industries for the year 2026 will be ₹3081
Balkrishna Industries share price target 2027 to 2030
The target share price of Balkrishna Industries for the years 2027, 2028, 2029, and 2030 will be ₹3236, ₹3391, ₹3546, and ₹3701 respectively.