Announced Mon, 29 Jun · 18:07 IST
Balkrishna Industries completes Carbon Black capacity expansion to 3,60,000 MTPA
BALKRISIND · price
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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹2177.90
prior close
₹2200.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-2.0-2.1-2.5-0.3+2.5+1.9+1.4+3.8+1.2-6.5———
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AI summary
Balkrishna Industries completed its Carbon Black expansion, raising capacity to 3,60,000 MTPA (addition of 95,000 MTPA). Total investment: Rs. 800 Crore from internal accruals. Power plant capacity also raised to 64 MW from 40 MW for Rs. 125 Crore. Both projects are part of the company's Year 2030 growth plan. Current utilization: 91% Carbon Black, 80% power.
Likely market impact
Major capacity expansion completed without debt; supports growth targets and could boost revenues going forward.