FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
forum

BALKRISIND Share Price Target

Balkrishna Industries Ltd.
NSE: BALKRISIND | BSE: 502355 | ISIN: INE787D01026 | Sector: Tyres

BALKRISIND Rating

2.8/5 (4 Ratings)
BALKRISIND Share Price *
1,266.7 +0 (0%)
* (quote may be delayed)

3 BALKRISIND share price target reports by brokerages below. See what is analyst's view on BALKRISIND share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.


You can also find BALKRISIND share price target tomorrow or next week from BALKRISIND discussion forum.

BALKRISIND Share Price Forecast - Consensus
No. of reports in last year
3
No. of analysts
3
Average Consensus Forecast
742.00
Consensus Potential
-73.19%

BALKRISIND Share Price Target - Broker Reports - 2019

30-Aug-19
Price @ Call: 740.29
Target: 698
SELL
BIL has shelved its USD100mn US capex plan due to bleak outlook. Management expects the weak demand scenario and pricing pressure to persist in FY20. However the growth guidance for FY20 has been maintained on account of pent up demand from channel. At CMP, the stock is trading at a valuation of 16.1XFY20E and14.7XFY21E earnings. We arrive at a revised target price of INR 698 valuing the company at 14XFY21E EPS, and maintain a SELL rating on account of weak demand outlook and macro uncertainties in key markets.
... Read more

27-Aug-19
Price @ Call: 753.93
Target: 870
BUY

22-May-19
Price @ Call: 775.99
Target: 658
REDUCE
Outlook and valuation: On weak wicket; downgrade to ‘REDUCE’ Due to subdued demand scenario over the medium term and high capex of ~INR28bn over FY19-21, we revise down FY19/20E EPS 15%/14%. We value BKT at 15x Q2FY21E EPS and downgrade our recommendation to ‘REDUCE’ from ‘HOLD’ with revised TP of INR658 (INR797 earlier).
... Read more

13-Feb-19
Price @ Call: 835.15
Target: 905
HOLD

6-Feb-19
Price @ Call: 796.5
Target: 685
SELL

BALKRISIND Share Price Target - Broker Reports - 2018

17-Nov-18
Price @ Call: 955.16
Target: 1106
ACCUMULATE

12-Nov-18
Price @ Call: 933.75
Target: 1025
HOLD

5-Sep-18
Price @ Call: 1177
Target: 1250
HOLD

14-Aug-18
Price @ Call: 1307.23
Target: 1430
BUY

13-Jul-18
Price @ Call: 1183.85
Target: 1256
ACCUMULATE

22-May-18
Price @ Call: 1127
Target: 1327
BUY

21-May-18
Price @ Call: 1172.25
Target: 1313
BUY

19-Feb-18
Price @ Call: 1127.27
Target: 1314
BUY

16-Feb-18
Price @ Call: 1152
Target: 1327
BUY

BALKRISIND Share Price Target - Broker Reports - 2017

10-Nov-17
Price @ Call: 1922.01
Target: 2192
BUY

1-Sep-17
Price @ Call: 1568.95
Target: 1800
BUY

2-Aug-17
Price @ Call: 811.5
Target: 890.5
BUY

31-Jul-17
Price @ Call: 1626
Target: 1786
BUY

3-Aug-17
Price @ Call: 800.5
Target: 916
BUY

1-Aug-17
Price @ Call: 813
Target: 827
NEUTRAL

6-Jul-17
Price @ Call: 1711.8
Target: 1858
ACCUMULATE

30-May-17
Price @ Call: 736.13
Target: 774.5
BUY

30-May-17
Price @ Call: 736.5
Target: 826
BUY

30-May-17
Price @ Call: 736.5
Target: 835
BUY

21-Mar-17
Price @ Call: 1431.05
Target: 1600
BUY

22-Feb-17
Price @ Call: 583.5
Target: 667
HOLD

15-Feb-17
Price @ Call: 590
Target: 700
BUY

14-Feb-17
Price @ Call: 1190
Target: 1441
BUY

13-Feb-17
Price @ Call: 1170
Target: 1503
BUY

BALKRISIND Share Price Target - Broker Reports - 2016

2-Dec-16
Price @ Call: 1189
Target: 1216
BUY

1-Dec-16
Price @ Call: 1191
Target: 1400
BUY

14-Sep-16
Price @ Call: 885
Target: 1019
BUY

14-Sep-16
Price @ Call: 884.8
Target: 925
HOLD

  • BALKRISIND - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    Cholamandalam Securities698-81.48%
    Indiabulls Ventures870-45.60%
    Edelweiss658-92.51%
  • BALKRISIND Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,338.25
    Upside Target 21,318.1
    Upside Target 11,292.4
    Pivot1,272.25
    Downside Target 11,246.55
    Downside Target 21,226.4
    Downside Target 31,200.7
  • BALKRISIND Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,251.03
    Upside Target 21,206.92
    Upside Target 11,181.98
    Pivot1,137.87
    Downside Target 11,112.93
    Downside Target 21,068.82
    Downside Target 31,043.88
  • BALKRISIND Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,335.5
    Upside Target 21,236.65
    Upside Target 11,153.25
    Pivot1,054.4
    Downside Target 1971
    Downside Target 2872.15
    Downside Target 3788.75
  • BALKRISIND Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,318.1
    Upside Target 21,300.59
    Upside Target 11,289.76
    Pivot1,272.25
    Downside Target 11,254.74
    Downside Target 21,243.91
    Downside Target 31,226.4
  • BALKRISIND Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,206.92
    Upside Target 21,180.54
    Upside Target 11,164.24
    Pivot1,137.87
    Downside Target 11,111.49
    Downside Target 21,095.19
    Downside Target 31,068.82
  • BALKRISIND Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,236.65
    Upside Target 21,167.03
    Upside Target 11,124.02
    Pivot1,054.4
    Downside Target 1984.78
    Downside Target 2941.77
    Downside Target 3872.15
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.