Balkrishna Industries’ Unexpected Capex Plans Spook Street
An automobile tyre passes final checking at a plant. (Photographer: Akos Stiller/Bloomberg)

Balkrishna Industries’ Unexpected Capex Plans Spook Street

Shares of Balkrishna Industries Ltd. fell the most in three months after the off-road tyremaker announced a surprise capital expenditure plan of Rs 1,700 crore.The board of India’s second-largest t...
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