Archive · 23 Sep 2025
Belrise Industries Shares Surge, Promoter Joins Billionaire Ranks
Shrikant Badve, the main owner of Belrise Industries, has become a billionaire because the company's stock price is very high.
Belrise makes car parts and is expected to keep growing.
Experts predict strong financial results for Belrise.
LKP Securities gave Belrise a "Buy" rating with a target price of Rs 192.
The company is expanding, adding customers, and developing new products.
Belrise's four-wheeler business is also poised to grow.
Shrikant Badve, promoter of Belrise Industries, became a billionaire.
Badve's stake in Belrise is 59.56%.
Badve's holdings were valued at approximately $1 billion.
Belrise Industries stock reached a 52-week high of Rs 164.60.
LKP Securities initiated coverage on Belrise with a "Buy" rating.
- Who
- Shrikant S Badve
- What
- Joined the billionaire club as Belrise Industries stock hit a record high.
- When
- Tuesday
- Where
- N/A
- Why
- Due to a surge in Belrise Industries stock price.
- Promoter
- Shrikant S Badve
- Company
- Belrise Industries
- Stake
- 59.56%
- Badve's Holdings Value
- Rs 8,477.93 crore (~$1 billion)
- Stock Price High
- Rs 164.60
- LKP Securities Rating
- Buy
- LKP Securities Target Price
- Rs 192
