BUY Balkrishna Industries Limited — ICICI Securities
byICICI SecuritiesHorizon: NA (inferred 1 year)22 Oct 2026via Institutional / Brokerage Research
Not investment advice; past performance doesn't guarantee future results. · Public beta — data is auto-extracted and may contain errors.
AI Assessment
Automated market context for this BUY call — facts from public sources, machine-classified. Not investment advice.
Balkrishna Industries shares rise on proposed 50:50 Pirelli JV for passenger car tyres
NewsCnbc-Tv18·22 Oct · yesterday
Balkrishna Industries has signed a strategic agreement with Pirelli to produce up to 800,000 Pirelli-branded premium car tyres by 2030, with plans for a potential 50-50 joint venture production plant.
BSE · Company Update·22 Oct · yesterday
Balkrishna Industries entered into a framework agreement with Pirelli Tyre S.p.A. to establish a 50:50 joint venture in India for manufacturing passenger car radial tyres, alongside offtake and servic
NSE · Outcome of Board Meeting·22 Oct · yesterday
Nothing found in this tip’s window yet.
Long-term trend bearish — 200-day average falling over the past quarter
Technicals · trend·22 Oct · yesterday
Factor classifications are AI-generated from exchange filings, verified news feeds and market data — they can be wrong or incomplete, and are not attributed to the issuing analyst. Verify every factor via its linked original before acting. This is not investment advice.
Other calls on Balkrishna Industries
- BUY — Siddharth Rai Mangala23 Oct 2026 · Same day · target ₹2,145 · SL hit
- BUY — Sachin Janardan Sarvade, IDBI Capital Markets and Securities2 Sept 2026 · ~2 weeks · target ₹2,500 · Expired
- BUY — Kunal Bothra1 Sept 2026 · ~3 months · target ₹2,580 · SL hit
- SELL — Citigroup31 Jul 2026 · ~1 year · target ₹2,150 · Target hit
- BUY — Laxmikant Shukla, YES Securities30 Jul 2026 · ~2 weeks · target ₹2,500 · Target hit
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