Balkrishna Industries shine on resuming partial operation

Balkrishna Industries has partially resumed its manufacturing operations pursuant to the recent notifications and directives of the government and local authorities. The company is taking utmost care as well as undertaking all the necessary measures and complying with all the conditions imposed by the authorities, including safe distancing for safeguarding the health of the workforce.

The company earlier, as on March 25, had informed about the temporary closure of its manufacturing operations across India on account of the lockdown imposed by Government of India amid the outbreak of COVID-19.

The stock of Balkrishna Industries in today's session was trading in a positive terrain. The stock which opened at Rs 890, surged later to touch an intraday high of Rs 916.35.

Balkrishna Industries is a leading manufacturer in the off-highway tire market. The company has been focussing on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV and gardening applications.