Prakash Diwan of Altamount Capital Management told CNBC-TV18, "Balkrishna Industries hasn’t lost any ground in this whole week- would buy into that. Indo Count is a midcap stock, hasn’t yet lost ground inspite of such a selloff in the market but hasn’t gone up either. So you could buy into these. They are still available at about 10 times FY16 earnings, so those are good companies you can accumulate."
Balkrishna Industries' trailing 12-month (TTM) EPS was at Rs 50.67 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 13.75. The latest book value of the company is Rs 245.57 per share. At current value, the price-to-book value of the company was 2.84. The dividend yield of the company was 0.29 percent.
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