Stocks to Watch Today, 28 July: Stocks like Kotak Mahindra Bank, Central Depository Services, Balkrishna Industries, Orient Cement, Tata Chemicals, Poonawalla Fincorp, VA Tech Wabag, RITES, Sigachi Industries, and Ola Electric Mobility will be in focus on July 28.
Deven Choksey recommended reduce rating on Balkrishna Industries with a target price of Rs 2474 in its research report dated May 30, 2025.
Balkrishna Industries share price: The Q4FY25 net profit stood at Rs 362 crore, weighed down by higher input, employee, and finance costs, even as revenue grew 5 percent year-on-year to Rs 2,838 crore.
KR Choksey recommended reduce rating on Balkrishna Industries with a target price of Rs 2528 in its research report dated January 28 2025.
Motilal Oswal recommended Neutral rating on Balkrishna Industries with a target price of Rs 2630 in its research report dated January 27, 2025.
Stocks To Watch, Jan 27: Stocks like Balkrishna Industries, JK Cement, IDFC First Bank, Macrotech Developers, Trident, NTPC Green Energy, CreditAccess Grameen, DCB Bank, Bank of India, Torrent Pharmaceuticals, Godrej Consumer Products, RPP Infra Projects, Refex Industries, and Unichem Laboratories will be in focus on January 27.
The market is expected to remain rangebound until it decisively rebounds and sustains above the 200-day SMA. Below are some trading ideas for the near term.
KR Choksey recommended reduce rating on Balkrishna Industries with a target price of Rs 2768 in its research report dated October 29, 2024.
Motilal Oswal recommended Neutral rating on Balkrishna Industries with a target price of Rs 2890 in its research report dated October 27, 2024.
Reliance Industries, Yes Bank, Bank of Baroda, Macrotech Developers, Intellect Design Arena, Praj Industries, Texmaco Rail, Balkrishna Industries, Torrent Pharma, CreditAccess Grameen, and Aegis Logistics will also be in focus on October 28.
Brent crude is a major source of synthetic rubber and other petrochemical products used in tyre manufacturing. As crude prices drop, the cost of these raw materials also decreases, reducing production costs for tyre companies.
KR Choksey recommended reduce rating on Balkrishna Industries with a target price of Rs 2768 in its research report dated August 23, 2024.
Sharekhan is bullish on Balkrishna Industries has recommended buy rating on the stock with a target price of Rs 3195 in its research report dated August 12, 2024.
Nomura expects BIL’s volume growth to slow substantially from Q2, partly offset by strong performance in India.