Balkrishna Industries skids 6% on disappointing margin performance in Q1 - Business Standard


8/4/2022 12:00:00 AM2 years 9 months ago
by SI Reporter

The management commentary suggests Q2FY23 to be weak QoQ decline due to sluggish demand prospects in Europe and US

Shares of Balkrishna Industries dropped 6 per cent to Rs 2,190 on the BSE in Friday’s intra-day trade. The stock extended its two day decline after the company reported disappointing margin performan… [+3988 chars]

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