Balkrishna Industries Ltd is up for a third straight session today. The stock is quoting at Rs 2802.45, up 2.03% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.25% on the day, quoting at 23745.85. The Sensex is at 78326.94, up 1.28%. Balkrishna Industries Ltd has slipped around 5.63% in last one month.
Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has slipped around 6.42% in last one month and is currently quoting at 23043.85, up 2.55% on the day. The volume in the stock stood at 49100 shares today, compared to the daily average of 1.68 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 2808, up 2.13% on the day. Balkrishna Industries Ltd is up 12.25% in last one year as compared to a 20.57% jump in NIFTY and a 40.86% jump in the Nifty Auto index.
The PE of the stock is 32.86 based on TTM earnings ending September 24.