Table of Contents
Why did BKT fall today?
Conclusion. Thus, the company’s stock price fell 10\% in a day mainly due to concerns over the new capex and changing capital structure.
Stock prices change everyday by market forces. If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.
What is the product of Balkrishna Industries?
Tyres
Balkrishna Industries manufactures off-highway tyres used in specialist segments like mining, earthmoving, agriculture, and gardening in five factories located in Aurangabad, Bhiwadi, Chopanki, Dombivali, and Bhuj….Balkrishna Industries.
| Type | Public |
|---|---|
| Founded | 1987 |
| Headquarters | Mumbai, India |
| Area served | Worldwide |
| Products | Tyres |
What is the full form of JK Tyres?
JK Tyre and Industries stands for Juggilal Kamlapat Ji Tyres & Industries Ltd. It is an Automobile Tyre, Tubes and Flaps manufacturing company. The name JK is taken from the initials of Kamlapatji (1884-1937) and his father Juggilal (1857-1922).
What is the dividend yield of Balkrishna Industries stock?
For the year ending June 2019 Balkrishna Industries has declared an equity dividend of 400.00\% amounting to Rs 8 per share. At the current share price of Rs 757.85 this results in a dividend yield of 1.06\%.
Track all of your investments in one place. See the big picture, improve your investment decisions and take charge of your investing. The company has done well in Q1 and the decline is due to the lower than expected guidance by the management.
Margin call Hit leading to shares being sold in the open market. Prices rise and fall on future price expectations. Rise and fall of can be due to fundamental or technical. Decisions such as expansion or raising loans which may affect the operational profitability of the company. There can be many more reasons apart from the above.