Balkrishna Industries has a good export presence as 83% of FY22 volumes for the company came from exports. The company has a strong presence in Europe, contributing to 51.6% of the total revenue. According to the company’s recent earnings call, the global market share of the company was about 5%-6%. In segmental sales, the agriculture segments had the majority share of 65.5% in volumes for FY22.
The more deals Trump gets, the more confidence markets gain
Investor confidence surged after President Trump signed trade deals with Japan and Southeast Asian nations, reducing earlier tariff threats. Global stocks hit records, bond yields