Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
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Price Analysis
About
Stock Analysis (SWOT)
QVT
Peer Stocks
1 week
1 month
1 year
Name
MOTHERSONNSE
BOSCHLTDNSE
UNOMINDANSE
SONACOMSNSE
TIINDIANSE
ENDURANCENSE
SANSERANSE
CRAFTSMANNSE
GABRIELNSE
ZFCVINDIANSE
BELRISENSE
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
Financial overview
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
CAGR%
Sales
Profits
Returns
ROE
| 10Y | 5Y | 3Y | TTM |
|---|---|---|---|
| 16% | 17% | 13% | 15% |
| 18% | 22% | 17% | 40% |
| - | - | - | 56% |
| 18% | 15% | 14% | 13% |
Peer Comparison
Symbol
MOTHERSON
BOSCHLTD
UNOMINDA
SONACOMS
TIINDIA
ENDURANCE
SANSERA
CRAFTSMAN
GABRIEL
ZFCVINDIA
BELRISE
| Price | M.Cap (₹) | PE Ratio | EPS (₹) | EV/EBITDA | Annual PAT |
|---|---|---|---|---|---|
| 162.5 | ₹173621 Cr | 39.64 | 0.98 | 8.83 | ₹3860 Cr |
| 47,750 | ₹140730 Cr | 59.55 | 239.36 | 938.8 | ₹2773 Cr |
| 1,224.4 | ₹70653 Cr | 58.77 | 5.12 | 33.3 | ₹1197 Cr |
| 816.3 | ₹51984 Cr | 74.7 | 2.9 | 15.92 | ₹640 Cr |
| 2,540.5 | ₹49949 Cr | 82.35 | 8.71 | 67.24 | ₹637 Cr |
| 2,659.2 | ₹37575 Cr | 38.74 | 17.38 | 125.24 | ₹952 Cr |
| 4,605.6 | ₹28816 Cr | 82.7 | 13.87 | 91.1 | ₹324 Cr |
| 10,659 | ₹28592 Cr | 61.5 | 57.55 | 354.55 | ₹384 Cr |
| 1,397.3 | ₹27349 Cr | 91.88 | 6.06 | 21.14 | ₹252 Cr |
| 2,345.5 | ₹26818 Cr | 53.72 | 9.18 | 55.41 | ₹517 Cr |
| 243.63 | ₹24150 Cr | 47.65 | 1.37 | 9.06 | ₹497 Cr |
Profit & Loss
Consolidated
Standalone
Quarterly
Yearly
₹
%
Balance Sheet
Consolidated
Standalone
₹
%
Name
Equity And Liabilities
Share Capital
Share Warrants & Outstandings
Total Reserves
Reserve excluding Revaluation Reserve
Shareholder's Funds
Minority Interest
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
Contingent Liabilities
Total Debt
Assets
Gross Block
Less Accumulated Depreciation
Net Block
Capital Work in Progress
Non Current Investments
Long Term Investment
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets
Net Current Assets (Including Current Investments)
Miscellaneous Expenses not written off
Total Assets
Book Value
Adjusted Book Value
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — | — | — |
| ₹445 Cr | ₹325 Cr | ₹325 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr |
| ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹3 Cr | ₹0 |
| ₹4781 Cr | ₹2371 Cr | ₹2015 Cr | ₹2024 Cr | ₹1715 Cr | ₹1430 Cr | ₹1244 Cr | ₹947 Cr | ₹770 Cr | ₹581 Cr | ₹461 Cr |
| ₹4781 Cr | ₹2371 Cr | ₹2015 Cr | ₹2024 Cr | ₹1715 Cr | ₹1430 Cr | ₹1244 Cr | ₹947 Cr | ₹770 Cr | ₹581 Cr | ₹461 Cr |
| ₹5226 Cr | ₹2697 Cr | ₹2340 Cr | ₹2045 Cr | ₹1736 Cr | ₹1451 Cr | ₹1264 Cr | ₹967 Cr | ₹790 Cr | ₹604 Cr | ₹481 Cr |
| ₹0 | ₹16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| ₹595 Cr | ₹1487 Cr | ₹1201 Cr | ₹1208 Cr | ₹1570 Cr | ₹1529 Cr | ₹1444 Cr | ₹1257 Cr | ₹1033 Cr | ₹705 Cr | ₹668 Cr |
| ₹155 Cr | ₹163 Cr | ₹221 Cr | ₹37 Cr | ₹39 Cr | ₹40 Cr | ₹43 Cr | ₹104 Cr | ₹106 Cr | ₹191 Cr | ₹115 Cr |
| ₹35 Cr | ₹26 Cr | ₹15 Cr | ₹37 Cr | ₹58 Cr | ₹49 Cr | ₹51 Cr | ₹66 Cr | ₹48 Cr | ₹46 Cr | ₹49 Cr |
| ₹82 Cr | ₹70 Cr | ₹179 Cr | ₹146 Cr | ₹111 Cr | ₹120 Cr | ₹97 Cr | ₹0 | ₹0 | ₹0 | ₹56 Cr |
| ₹14 Cr | ₹13 Cr | ₹6 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹6 Cr | ₹5 Cr | ₹4 Cr | ₹4 Cr | ₹0 |
| ₹881 Cr | ₹1758 Cr | ₹1622 Cr | ₹1433 Cr | ₹1783 Cr | ₹1742 Cr | ₹1641 Cr | ₹1432 Cr | ₹1191 Cr | ₹946 Cr | ₹889 Cr |
| — | — | — | — | — | — | — | — | — | — | — |
| ₹1318 Cr | ₹1066 Cr | ₹789 Cr | ₹921 Cr | ₹551 Cr | ₹465 Cr | ₹452 Cr | ₹357 Cr | ₹200 Cr | ₹89 Cr | ₹119 Cr |
| ₹428 Cr | ₹831 Cr | ₹738 Cr | ₹660 Cr | ₹397 Cr | ₹419 Cr | ₹244 Cr | ₹272 Cr | ₹197 Cr | ₹234 Cr | ₹88 Cr |
| ₹596 Cr | ₹814 Cr | ₹509 Cr | ₹603 Cr | ₹724 Cr | ₹548 Cr | ₹355 Cr | ₹304 Cr | ₹255 Cr | ₹242 Cr | ₹195 Cr |
| ₹175 Cr | ₹121 Cr | ₹80 Cr | ₹60 Cr | ₹41 Cr | ₹21 Cr | ₹27 Cr | ₹40 Cr | ₹36 Cr | ₹0 | ₹34 Cr |
| ₹2518 Cr | ₹2832 Cr | ₹2116 Cr | ₹2244 Cr | ₹1713 Cr | ₹1453 Cr | ₹1079 Cr | ₹973 Cr | ₹688 Cr | ₹565 Cr | ₹436 Cr |
| ₹8625 Cr | ₹7303 Cr | ₹6078 Cr | ₹5721 Cr | ₹5231 Cr | ₹4645 Cr | ₹3983 Cr | ₹3372 Cr | ₹2668 Cr | ₹2115 Cr | ₹1805 Cr |
| ₹101 Cr | ₹167 Cr | ₹12 Cr | ₹124 Cr | ₹187 Cr | ₹3 Cr | ₹10 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹0 |
| ₹1439 Cr | ₹2900 Cr | ₹2441 Cr | ₹2271 Cr | ₹2598 Cr | ₹2350 Cr | ₹1973 Cr | ₹1841 Cr | ₹1516 Cr | ₹1245 Cr | ₹978 Cr |
| — | — | — | — | — | — | — | — | — | — | — |
| ₹5507 Cr | ₹4945 Cr | ₹4175 Cr | ₹3866 Cr | ₹3592 Cr | ₹2911 Cr | ₹2536 Cr | ₹2156 Cr | ₹1722 Cr | ₹1313 Cr | ₹1110 Cr |
| ₹2403 Cr | ₹2045 Cr | ₹1715 Cr | ₹1438 Cr | ₹1132 Cr | ₹885 Cr | ₹696 Cr | ₹518 Cr | ₹380 Cr | ₹279 Cr | ₹204 Cr |
| ₹3104 Cr | ₹2900 Cr | ₹2460 Cr | ₹2429 Cr | ₹2460 Cr | ₹2026 Cr | ₹1840 Cr | ₹1638 Cr | ₹1342 Cr | ₹1034 Cr | ₹906 Cr |
| ₹240 Cr | ₹263 Cr | ₹179 Cr | ₹80 Cr | ₹120 Cr | ₹295 Cr | ₹325 Cr | ₹245 Cr | ₹332 Cr | ₹375 Cr | ₹217 Cr |
| ₹113 Cr | ₹109 Cr | ₹9 Cr | ₹9 Cr | ₹52 Cr | ₹8 Cr | ₹31 Cr | ₹30 Cr | ₹2 Cr | ₹2 Cr | ₹36 Cr |
| ₹113 Cr | ₹109 Cr | ₹9 Cr | ₹9 Cr | ₹52 Cr | ₹8 Cr | ₹31 Cr | ₹30 Cr | ₹2 Cr | ₹2 Cr | ₹36 Cr |
| ₹208 Cr | ₹140 Cr | ₹145 Cr | ₹121 Cr | ₹172 Cr | ₹171 Cr | ₹145 Cr | ₹139 Cr | ₹33 Cr | ₹21 Cr | ₹78 Cr |
| ₹68 Cr | ₹119 Cr | ₹92 Cr | ₹99 Cr | ₹124 Cr | ₹38 Cr | ₹46 Cr | ₹22 Cr | ₹15 Cr | ₹0 | ₹0 |
| ₹3732 Cr | ₹3530 Cr | ₹2886 Cr | ₹2737 Cr | ₹2929 Cr | ₹2538 Cr | ₹2388 Cr | ₹2073 Cr | ₹1723 Cr | ₹1432 Cr | ₹1237 Cr |
| — | — | — | — | — | — | — | — | — | — | — |
| ₹0 | ₹0 | ₹12 L | ₹32 Cr | ₹7 Cr | ₹23 Cr | ₹0 | ₹0 | ₹27 Cr | ₹61 Cr | ₹20 Cr |
| ₹919 Cr | ₹770 Cr | ₹616 Cr | ₹554 Cr | ₹461 Cr | ₹457 Cr | ₹337 Cr | ₹264 Cr | ₹201 Cr | ₹160 Cr | ₹142 Cr |
| ₹1754 Cr | ₹1591 Cr | ₹1228 Cr | ₹1280 Cr | ₹934 Cr | ₹824 Cr | ₹649 Cr | ₹586 Cr | ₹403 Cr | ₹325 Cr | ₹316 Cr |
| ₹841 Cr | ₹149 Cr | ₹250 Cr | ₹141 Cr | ₹75 Cr | ₹97 Cr | ₹79 Cr | ₹72 Cr | ₹13 Cr | ₹10 Cr | ₹6 Cr |
| ₹679 Cr | ₹614 Cr | ₹695 Cr | ₹640 Cr | ₹572 Cr | ₹583 Cr | ₹342 Cr | ₹214 Cr | ₹140 Cr | ₹32 Cr | ₹40 Cr |
| ₹699 Cr | ₹638 Cr | ₹403 Cr | ₹337 Cr | ₹254 Cr | ₹123 Cr | ₹188 Cr | ₹163 Cr | ₹162 Cr | ₹95 Cr | ₹46 Cr |
| ₹4893 Cr | ₹3761 Cr | ₹3192 Cr | ₹2983 Cr | ₹2303 Cr | ₹2107 Cr | ₹1596 Cr | ₹1298 Cr | ₹945 Cr | ₹683 Cr | ₹569 Cr |
| ₹2375 Cr | ₹929 Cr | ₹1077 Cr | ₹740 Cr | ₹590 Cr | ₹655 Cr | ₹517 Cr | ₹325 Cr | ₹257 Cr | ₹118 Cr | ₹133 Cr |
| ₹0 | ₹12 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹87,745 | ₹2 L | ₹5 L | ₹8 L |
| ₹8625 Cr | ₹7303 Cr | ₹6078 Cr | ₹5721 Cr | ₹5231 Cr | ₹4645 Cr | ₹3983 Cr | ₹3372 Cr | ₹2668 Cr | ₹2115 Cr | ₹1805 Cr |
| ₹59 | ₹41 | ₹36 | ₹1,005 | ₹853 | ₹713 | ₹621 | ₹488 | ₹398 | ₹304 | ₹243 |
| ₹59 | ₹41 | ₹36 | ₹31 | ₹27 | ₹22 | ₹19 | ₹15 | ₹12 | ₹9 | ₹8 |
Cash Flow
Consolidated
Standalone
₹
%
Name
Profit Before Tax
Adjustment
Changes In working Capital
Cash Flow after changes in Working Capital
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activitie
Net Cash Inflow / Outflow
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalent
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ₹666 Cr | ₹446 Cr | ₹376 Cr | ₹357 Cr | ₹307 Cr | ₹201 Cr | ₹239 Cr | ₹221 Cr | ₹240 Cr | ₹162 Cr | ₹148 Cr |
| ₹560 Cr | ₹596 Cr | ₹541 Cr | ₹536 Cr | ₹479 Cr | ₹388 Cr | ₹331 Cr | ₹121 Cr | ₹111 Cr | ₹66 Cr | ₹21 Cr |
| -₹190 Cr | -₹239 Cr | -₹255 Cr | -₹43 Cr | -₹268 Cr | -₹409 Cr | -₹247 Cr | -₹95 Cr | -₹210 Cr | -₹78 Cr | -₹39 Cr |
| ₹1036 Cr | ₹802 Cr | ₹662 Cr | ₹850 Cr | ₹518 Cr | ₹181 Cr | ₹324 Cr | ₹247 Cr | ₹141 Cr | ₹151 Cr | ₹130 Cr |
| ₹876 Cr | ₹704 Cr | ₹582 Cr | ₹789 Cr | ₹474 Cr | ₹159 Cr | ₹298 Cr | ₹208 Cr | ₹106 Cr | ₹121 Cr | ₹130 Cr |
| -₹475 Cr | -₹981 Cr | -₹362 Cr | -₹194 Cr | -₹543 Cr | -₹349 Cr | -₹416 Cr | -₹420 Cr | -₹339 Cr | -₹319 Cr | -₹283 Cr |
| ₹328 Cr | ₹169 Cr | -₹141 Cr | -₹530 Cr | ₹39 Cr | ₹203 Cr | ₹126 Cr | ₹271 Cr | ₹237 Cr | ₹201 Cr | ₹147 Cr |
| ₹729 Cr | -₹108 Cr | ₹79 Cr | ₹66 Cr | -₹30 Cr | ₹13 Cr | ₹8 Cr | ₹59 Cr | ₹3 Cr | ₹4 Cr | -₹7 Cr |
| ₹77 Cr | ₹186 Cr | ₹106 Cr | ₹40 Cr | ₹71 Cr | ₹58 Cr | ₹72 Cr | ₹13 Cr | ₹10 Cr | ₹6 Cr | ₹13 Cr |
| ₹806 Cr | ₹77 Cr | ₹186 Cr | ₹106 Cr | ₹40 Cr | ₹71 Cr | ₹79 Cr | ₹72 Cr | ₹13 Cr | ₹10 Cr | ₹6 Cr |
Fundamental Ratios
Consolidated
Standalone
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
Technical meters
Oscillators
Strong SellSellNeutralBuyStrong Buy
Bullish signals: 4
Bearish signals: 3 out of 9 oscillators
RSI
58.74Buy
STOCH %K
74.17Neutral
MACD Level(12,26)
2.07Buy
Ultimate Oscillator
52.64Buy
Aroon Oscillator
-48.00Sell
BOP
-0.28Sell
CCI
137.22Sell
Williams %R
-25.83Neutral
Momentum
5.52Buy
Moving averages
Strong SellSellNeutralBuyStrong Buy
Bullish signals: 9
Bearish signals: 0 out of 9 moving averages
EMA 9
239.67Buy
SMA 9
237.07Buy
EMA 21
236.52Buy
SMA 21
233.77Buy
EMA 50
234.65Buy
SMA 50
236.25Buy
EMA 200
207.21Buy
SMA 200
207.14Buy
WMA 20
236.02Buy
Pivot
Pivot
Classic
Resistance 5
265.74
Resistance 4
261.59
Resistance 3
257.44
Resistance 2
253.29
Resistance 1
251.54
Pivot
249.14
Support 1
247.39
Support 2
244.99
Support 3
240.84
Support 4
236.69
Support 5
232.54
High & lows
1 Day
1 Week
1 Month
3 Months
6 Months
Year to Date
1 Year
3 Years
5 Years
10 Years
All Time
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
Shareholding summary
Shareholding Pattern
Quarterly
Yearly
Name
Promoters
FII
DII - Others
DII - MFs
Retail & Others
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|
| 66.46% | 66.46% | 66.46% | 73.01% | 73.01% |
| 9.40% | 8.86% | 8.90% | 7.67% | 6.78% |
| 1.38% | 1.30% | 0.41% | 0.59% | 1.75% |
| 8.62% | 8.86% | 8.86% | 3.41% | 5.37% |
| 14.14% | 14.52% | 15.37% | 15.32% | 13.09% |
Bulk & block deals
Name
Jainam Broking Limited
Sbi Mutual Fund
Blackrock Global Investment Series Global Equity Income Portfolio
Sumedh Tools Private Limited
Sbi Mutual Fund
Blackrock Emerging Markets Fund Inc
Sumedh Tools Private Limited
S R Foundation
Hrti Private Limited
Graviton Research Capital Llp
| Deal Date | Action | Deal Value | Deal Price | Qty Traded | Deal Type | %Stake Traded | Exchange |
|---|---|---|---|---|---|---|---|
| 17 Apr 2026 | Sell | 98.13 Cr | ₹213.33 | 46 L | Bulk | 0.475623 | BSE |
| 23 Dec 2025 | Purchase | 788.36 Cr | ₹153.70 | 5.13 Cr | Bulk | 5.303416 | NSE |
| 23 Dec 2025 | Purchase | 108.37 Cr | ₹153.70 | 70.51 L | Bulk | 0.729042 | NSE |
| 23 Dec 2025 | Sell | 896.73 Cr | ₹153.70 | 5.83 Cr | Bulk | 6.032459 | NSE |
| 23 Dec 2025 | Purchase | 788.36 Cr | ₹153.70 | 5.13 Cr | Block | 5.303416 | NSE |
| 23 Dec 2025 | Purchase | 108.37 Cr | ₹153.70 | 70.51 L | Block | 0.729042 | NSE |
| 23 Dec 2025 | Sell | 896.73 Cr | ₹153.70 | 5.83 Cr | Block | 6.032459 | NSE |
| 01 Aug 2025 | Purchase | 63.36 Cr | ₹141.58 | 44.75 L | Bulk | 0.462699 | NSE |
| 08 Jul 2025 | Purchase | 54.53 Cr | ₹110.16 | 49.50 L | Bulk | 0.511856 | NSE |
| 08 Jul 2025 | Purchase | 52.60 Cr | ₹109.50 | 48.04 L | Bulk | 0.496666 | NSE |
Insider trading & SAST
Client name
Sumedh Tools Pvt Ltd
Sbi Mutual Fund
| Reported on | Client category | Action | %Stake traded | Holding % post deal | Deal value | Deal price | Qty traded | Deal period | Deal mode | Post transaction holding | Insider/SAST | Regulation type | Security type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 07 Jan 2026 | Promoter | Disposal | 6.56 | — | 0 | — | 5.83 Cr | 23 Dec 2025 | Block Deal | — | SAST | 29(2) | — |
| 07 Jan 2026 | — | Acquisition | 5.76 | 5.76 | 0 | — | 5.13 Cr | 23 Dec 2025 | Market | 5,12,92,092 | SAST | 29(1) | — |
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
Belrise Industries is an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and
Corporate Actions
Date
Type
Details
Company details
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
Corporate filings & documents
Announcements
Annual reports
Concalls & investor presentations
Belrise Industries Share Price
243.63-6.15 (-2.46%)
+52.39% past 1 Year
News
Belrise Industries to host analyst and investor meet on September 16
Equity
BELRISE
Belrise gains on Jefferies Buy rating, target maintained at Rs 280
Equity
BELRISE
Belrise Industries acquires Hyva India tipper body division to expand portfolio
Equity
BELRISE
Belrise Industries informs about update on investors meeting
Equity
BELRISE
HSBC initiates BUY on Belrise Industries with aggressive growth forecasts
Equity
BELRISE
Belrise Industries gets nod to raise Rs 2000 crore via QIP
Equity
BELRISE
Belrise Industri reports Profit after tax of 136.27 Crores, in the March 2026 quarter
Equity
BELRISE
Belrise Industries rises as its arm inks pact to acquire 100% stake in Chester Hall
Equity
BELRISE
Belrise Industries’ arm inks pact to acquire 100% stake in Chester Hall
Equity
BELRISE
Belrise Industries Unit Acquires Chester Hall Precision Engineering Holdings for £1.32 Crores.
Equity
BELRISE
Belrise Industries’ arm incorporates subsidiary in UK
Equity
BELRISE
Belrise Industries Forms Wholly-Owned UK Subsidiary for Aerospace Machinery Production.
Equity
BELRISE
Belrise Industries informs about newspaper advertisement
Equity
BELRISE
Belrise Industries informs about press release
Equity
BELRISE
Belrise Industries informs about investor presentation
Equity
BELRISE
Belrise Industri - Quaterly Results
Equity
BELRISE
Belrise Industries Q3 FY26 Results: Revenue Up 8% YoY, PAT Growth 21-26%, EBITDA Up 9.6%, Approves Amalgamation.
Equity
BELRISE
Belrise Industries Reports Q3 FY26 Revenue Growth of 8% YoY to Rs 2340 Crores.
Equity
BELRISE
Belrise Industries Reports Q3 FY26 Consolidated Net Profit of Rs 121 Crores, Up YoY from Rs 101 Crores.
Equity
BELRISE
Belrise Industri reports Profit after tax of 116.75 Crores, in the December 2025 quarter
Equity
BELRISE

