06-Nov-2026 08:53:45
BALKRISINDGeneral news
KOTAK ON BALKRISHNA INDUSTRIES ; SELL | TARGET ₹2,200 (EARLIER ₹2,125)
• India demand remains strong, while US and European OHT outlook stays mixed. • Domestic TBR, PCR and two-wheeler expansion carries execution and margin risks. • Higher rubber and freight costs could keep FY27–28 EBITDA margins below 21%.
BALKRISHNA IND. LTD