Balkrishna Industries Ltd rose for a third straight session today. The stock is quoting at Rs 2554.95, up 1.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 22170.7. The Sensex is at 72921.62, down 0.09%. Balkrishna Industries Ltd has added around 9.45% in last one month. Meanwhile, Nifty Auto index of which Balkrishna Industries Ltd is a constituent, has added around 4.95% in last one month and is currently quoting at 22759.85, down 0.76% on the day. The volume in the stock stood at 2.13 lakh shares today, compared to the daily average of 2.98 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 2568.1, up 1.58% on the day. Balkrishna Industries Ltd is up 15.9% in last one year as compared to a 21.94% gain in NIFTY and a 62.61% gain in the Nifty Auto index. The PE of the stock is 40.11 based on TTM earnings ending December 23.
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