Balkrishna Industries Dividend 2024 – Balkrishna Industries Ltd declares a dividend of ₹4.00. The record date is 2 Feb 2024 and the ex-dividend date is 2 Feb 2024. In a positive development for shareholders, Balkrishna Industries has announced a generous interim dividend of ₹4.00 per equity share. This translates to a 200% payout of the face value (Rs 2), demonstrating the company’s commitment to rewarding its investors while maintaining balance for future growth. This news has been met with enthusiasm, and it will be interesting to see how it impacts the company’s stock price in the upcoming trading sessions.
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About Balkrishna Industries Ltd
Balkrishna Industries Ltd (BKT) is an Indian multinational corporation founded in 1987. The company is engaged in the manufacture and distribution of off-highway tires and is the world’s 13th-largest manufacturer.
The company’s operations span four major lines of business – agricultural, earthmoving, industrial, and ATV/UTV tires.
The market capitalization of Balkrishna Industries Ltd is ₹52,476 Crores. The listing date of the company is 10 May 1995. The current chairman of the company is Arvind Poddar.
The company is well-known for producing high-performance, durable tires for a variety of applications.
Balkrishna Industries Share Price
Balkrishna Industries’ total revenue in quarter 1, 2023 was ₹2,374.02 Crore, in quarter 2, 2023 ₹2,265.11 Crore, in quarter 3, 2023 ₹2,360.28 Crore, and in quarter 4, 2023 it was ₹2,340.04 Crore.
Balkrishna Industries’ net income in quarter 1, 2023 was ₹259.80 Crore, in quarter 2, 2023 ₹331.88 Crore, in quarter 3, 2023 ₹347.44 Crore, and in quarter 4, 2023 it was ₹305.42 Crore.
The company’s cash flow in 2021 was ₹412.81 Crore, in 2022 -₹687.25 Crore, and in 2023 -₹314.50 Crore.
The company’s EBITDA in Mar 2023 was 536.77, in Jun 2023 was 606.77, in Sep 2023 was 639.80, and in Dec 2023 it was 606.23.
The current shareholding pattern is 58.29% with the promoter, 12.69% with the foreign institutions, 14.01% with the mutual funds, 7.60% with the retail investors, and 7.41% with the others.
Read More – ROUTE MOBILE DIVIDEND 2024 – STRONG Q3 RESULTS, INTERIM DIVIDEND DECLARED
Balkrishna Industries Dividend 2024 – Balkrishna Industries Dividend History
| Amount | Date |
| ₹4.00 | Oct 31, 2023 |
| ₹4.00 | Aug 11, 2023 |
| ₹4.00 | Jul 11, 2023 |
| ₹4.00 | Feb 17, 2023 |
| ₹4.00 | Nov 21, 2022 |
Read More – TIPS INDUSTRIES DIVIDEND 2024 – 300% DIVIDEND DECLARED BY TIPS INDUSTRIES, CHECK RECORD DATE
Balkrishna Industries share price target 2024
India’s share market is at its peak and most of the Indian stocks like Balkrishna Industries Ltd have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for BALKRISIND is expected to be ₹2,800.00 and the maximum price target for 2024 will be ₹3,000.00. With market conditions, the price target of Balkrishna Industries Ltd may vary.
Balkrishna Industries share price target 2030
India’s share market is at its peak and most of the Indian stocks like Balkrishna Industries Ltd have experienced a bull run in 2023. In 2030, the bullish sentiment of the market will likely stay as India is a growing economy, and as per the government, India will become a $5 trillion economy by 2030. As per data, the minimum share price target in 2030 for BALKRISIND is expected to be ₹4,000.00 and the maximum price target for 2030 will be ₹4,500.00. With market conditions, the price target of Balkrishna Industries Ltd may vary.
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