Balkrishna Industries Ltd rose for a third straight session today. The stock is quoting at Rs 2849.9, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 24428.3. The Sensex is at 80776.82, up 0.66%. Balkrishna Industries Ltd has added around 2.11% in last one month.
Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has added around 0.61% in last one month and is currently quoting at 23599.6, up 0.49% on the day. The volume in the stock stood at 65470 shares today, compared to the daily average of 2.02 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 2857.95, up 1.03% on the day. Balkrishna Industries Ltd is up 11.29% in last one year as compared to a 18.09% gain in NIFTY and a 34.09% gain in the Nifty Auto index.
The PE of the stock is 33.65 based on TTM earnings ending September 24.