Balkrishna Industries Ltd NSE  /  BSE

Tyres, Large Cap

19 Jul 2019 | 04:14 PM

728.65
-22.35 (-2.98%)

Independent Research

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 15-Feb-2019

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 15-Feb-2019 at a price of 823.10.

  • Valuation Rating

    Moderately undervalued

    Based on its growth potential and our own criteria, at its current price the stock is moderately undervalued.

  • MT Tech Trend

    Trend positive since 26-Feb-2019

    The forty day Medium Term Technical Trend is positive since 26-Feb-2019. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 877.485.

  • 4W REL Performance

    vs. SENSEX30

    The four week relative overperformance versus SENSEX30 is 2.170.

Risk parameters

  • Risk Zone

    Moderate

    The stock has been on the moderate-sensitivity level since 12-Feb-2019.

  • Bear Market

    Average sensitivity to market corrections

    On average, the stock is likely to decline with the index.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 240%.

  • Beta

    124 High sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 124%.

  • Correlation

    0.4 Weak correlation to SENSEX30

    Stock movements are strongly independent of index variations.

  • Value at Risk

    Rs.229.15 The medium term value at risk is estimated at 229.15 or 0.24000%

    The value at risk is estimated at 229.15. The risk is therefore 0.24000%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    17.63 Current year to 2021 annualized estimate

    The annualized growth estimate is for the current year to 2021.

  • P/E Ratio

    17.99 Estimated PE for 2021

    The estimated PE is for the year 2021.

  • G/PE Ratio

    1.02 11.874% discount to expected growth

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 0.9 indicates that the stock's price presents a discount to growth of 11.874%.

  • Dividend Yield

    0.74% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 13.303% of earnings forecasts.

  • Global Evaluation

    Neutral

    The stock is classified in the neutral zone since 01-Mar-2019.