Balkrishna Industries jumps 4% on inking deal with Italy-based Pirelli
Balkrishna Industries moved higher.
· Business Standard Mkts
Balkrishna Industries stock traded at its highest point in October after the company inked an agreement with Pirelli to produce 800,000 branded premium car tyres in India.
The analysis
Balkrishna Industries reported movement of 4%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.3% on the day at ₹2,072.60, and has returned -10.2% over three months. It sits 24% below its 52-week high. The auto sector has moved -7.7% over the same period, so Balkrishna Industries is running 2.5 points behind its peers.
For Balkrishna Industries, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- In focus: Balkrishna Industries (BALKRISIND), in Auto.
- Over three months: Balkrishna Industries -10.2% against Auto -7.7% (2.5 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Balkrishna IndustriesBALKRISIND · Auto | ₹2,072.60 | -1.3% | -2.1% | -10.2% | -23.7% | 0.3× | — |
Auto
1M -5.8% · 3M -7.7%
Balkrishna Industries
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Tata Motors completes Iveco takeover with 89.42% stake, buyout continues
Bajaj Auto To Launch Two New Motorcycle Brands In 125cc-250cc Segment In FY27
Top stocks to watch today: L&T, Maruti Suzuki, Paytm, REC shares in focus on Tuesday, 27 Oct | Full list
TVS Motor to raise e2W capacity to 80,000 units a month by March 2027
Maruti Suzuki India's EV exports cross 50,000 units since August 2025