Balkrishna Industries announces ₹4 dividend and ₹6,800 cr capex plan
after close1 source ↓written by the desknot a recommendation
- plan
- ₹6,800 crore capital expenditure
Balkrishna Industries declared a final dividend of ₹4 per equity share for FY 2025-26 and announced a ₹6,800 crore capital expenditure plan under its 'Vision 2030'. This strategic move aims to enhance its presence in the on-highway tire segment and strengthen its carbon black business, indicating a commitment to long-term growth and diversification.
Investors can expect immediate returns from the dividend, while the capex reflects the company's ambition to boost revenue and solidify its market position.
Not investment advice. For informational purposes only.