Balkrishna Industries Tyre

Analysts say that the high double-digit volume growth for the quarter was a positive surprise and reinforced the company's dominant position in the global off-highway segment.

Tyre stocks rallied today on expectation that the recent correction in raw material prices will benefit the companies favourably from the latter part of Q2FY26

Raw material/freight costs will however weigh on its near term margins

Apollo Tyres, Ceat, MRF and JK Tyre were up 3 per cent to 7 per cent on the BSE, as compared to 1.3 per cent rise in the S&P BSE Sensex at 12:20 pm

BKT has already been promoting cricket by supporting the Big Bash League based on an agreement with Cricket Australia

TVS Srichakra, Goodyear India, Ceat, Apollo Tyres and MRF were up between 2% and 7% against 0.19% decline in the S&P BSE Sensex at 11:51 AM.