Balkrishna Industries (BKT) - Daily Stock Picks

Posted by admin in Companies, Mid Term Picks on Mar 9th, 2010 | no responses

Balakrishna Industries Limited (BKT) is a manufacturer of pneumatic tyres for special applications such as Agricultural, Industrial & Construction, Earth Moving Equipment ATV and Lawn & Garden Tyres.

CMP: Rs 625
Target Price: Rs 720
EPS: Rs 86
Book Value: Rs 242
Dividend: 60%

About Balakrishna Industries

Balkrishna Industries Limited (BKT) is a manufacturer of pneumatic tyres for special applications such as Agricultural, Industrial & Construction, Earth Moving Equipment ATV and Lawn & Garden Tyres.
Balkrishna Industries declared a dividend of Rs 6 per equity share of face value Rs 10
The earnings and profits are projected to grow by 13% and 25% per annum respectivly