The Board of Balkrishna lndustries at its meeting held on 24 September 2020 has accepted resignation of Basant Bansal as ChiefFinancial Officer (Key Managerial Personnel) of the Company w.e.f. 28 August, 2020. The Board has approved the appointment of Madhu Sudan Bajaj - President (Commercial) of the Company who is Chartered Accountant with over 35 years of experience in Commercial and lnternalAudit of the Company etc, as Chief Financial Officer (Key Managerial Personnel) of the Company and is redesignated as President (Commercial)and CFO of the Company w.e.f. 24 September,2020.

Powered by Capital Market - Live News

Balkrishna Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 1388.05, up 1.26% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11502.85. The Sensex is at 38967.67, up 0.54%. Balkrishna Industries Ltd has added around 6.33% in last one month.

Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has added around 2.04% in last one month and is currently quoting at 8035.35, down 0.12% on the day. The volume in the stock stood at 5.74 lakh shares today, compared to the daily average of 5.93 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1386, up 0.98% on the day. Balkrishna Industries Ltd is up 81.23% in last one year as compared to a 4.54% gain in NIFTY and a 9.93% gain in the Nifty Auto index.

The PE of the stock is 29.78 based on TTM earnings ending June 20.

Powered by Capital Market - Live News

Balkrishna Industries Ltd is down for a fifth straight session today. The stock is quoting at Rs 1251.4, down 1.15% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11417.5. The Sensex is at 38671.43, up 0.66%.Balkrishna Industries Ltd has lost around 8.16% in last one month.Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has increased around 4.4% in last one month and is currently quoting at 7957.85, down 0.01% on the day. The volume in the stock stood at 2.38 lakh shares today, compared to the daily average of 6.22 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1256.5, down 1.17% on the day. Balkrishna Industries Ltd jumped 69.98% in last one year as compared to a 3.77% rally in NIFTY and a 11.05% spurt in the Nifty Auto index.

The PE of the stock is 27.47 based on TTM earnings ending June 20.

Powered by Capital Market - Live News

Balkrishna lndustries announced the resignation of B K Bansa, Director (Finance) with immediate effect. M S Bajaj, President (Commercial) will take additional responsibility of finance function and is re-designated as President (Commercial) and CFO of the company.

Powered by Capital Market - Live News