On the technical charts, the RSI of the stock stood at 33.2.

Balkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 47208.06 Crore) operating in Tyres sector.

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The S&P/ASX 200 index ended up 0.03 per cent at 7,443.4. The gold sub-index was down 0.8 per cent, tracking lower gold prices after an uptick in U.S. dollar and bond yields.

The Relative Strength Index of the stock stood at 42.34 on Tuesday.

“Leadership change is taking place in the Indian market. So there is profit booking with a view to redeploying in sectors of the future.”

The stock quoted a 52-week high price of Rs 1718.45 and a 52-week low of Rs 303.2.

A total of 224,093 shares changed hands on the counter till 01:06PM (IST)

The Nifty Bank index closed 2.15 per cent up at 41192.4.

The publisher of Hindi daily Dainik Jagran reported a sixfold jump in its consolidated net profit at Rs 60.89 crore for the quarter ended September 2021. It had posted a net profit of Rs 10.14 crore during the September quarter a year ago.