We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ball Corp to Boost Manufacturing Footprint in India With New Facility
Read MoreHide Full Article
Key Takeaways
BALL plans a two-line beverage can facility in India's Uttar Pradesh, expected to become operational in 2029.
Secured customer contracts are expected to support strong EVA from the new facility in India.
Rising demand for sustainable aluminum packaging is driving Ball Corp's expansion across India.
Ball Corporation (BALL - Free Report) has announced that it is planning to build a beverage can manufacturing facility in Uttar Pradesh, India. This move will further boost Ball Corp’s manufacturing footprint in the growing Indian market.
Facility to Boost BALL’s Presence in India
Ball Corp has steadily expanded its footprint across India since entering the market in 2016. The company’s established facilities in India’s Taloja and Sri City provide a wide range of beverage can formats for global and leading domestic brands.
The company is planning to invest in a new two-line beverage can manufacturing facility in Uttar Pradesh. Driven by secured customer contracts, this project is expected to deliver strong EVA. The investment is in line with Ball Corp’s expectation that capital expenditure will average depreciation and amortization over time. The facility is expected to become operational in 2029.
Demand for sustainable aluminum packaging is rising in India and the country remains one of Ball Corp's most important strategic growth markets. The company aims to establish a plant network that spans the majority of the country. The Uttar Pradesh facility investment reflects the company’s confidence in India’s long-term economic potential and the rising growth of aluminum packaging.
Ball Corp’s Q2 Performance
BALL’s India operations are part of the company’s Beverage Packaging, EMEA segment, which accounted for 31% of the second quarter 2026 sales. Sales in the Beverage Packaging EMEA segment rose 10.6% to $1.24 billion in the second quarter. Comparable operating earnings increased 6.6% to $162 million. Higher volume and pricing benefits offset increased costs, while segment shipments grew at a mid-single-digit rate.
Ball Corp reported comparable earnings of $1.03 per share for the second quarter of 2026, up 14.4% year over year. The figure surpassed the Zacks Consensus Estimate of 99 cents by 4%, supported by higher shipments and favorable price/mix.
Total sales climbed 19.7% to $3.98 billion and beat the consensus mark of $3.67 billion by 9%. The company’s top-line increase reflected higher volumes and favorable price/mix, mainly attributable to higher aluminum prices. Global shipment growth of 4.3% exceeded Ball’s long-term volume growth of 2-3%.
BALL Stock’s Price Performance
The company’s shares have gained 20% in the past year compared with the industry's 12.9% growth.
The Zacks Consensus Estimate for Helios Technologies’ 2026 earnings is pegged at $3.19 per share. The company has a trailing four-quarter average earnings surprise of 24.6%. Helios Technologies shares have gained 29.9% in a year.
The Zacks Consensus Estimate for Fastenal’s 2026 earnings is pinned at $1.26 per share, which indicates year-over-year growth of 15.6%. Fastenal’s shares have grown 3.3% in a year.
Crane has an average trailing four-quarter earnings surprise of 10.4%. The Zacks Consensus Estimate for CR’s 2026 earnings is pinned at $6.99 per share. The company’s shares have gained 10.5% in a year.
View the Zacks #1 Rank List
Image: Bigstock
Ball Corp to Boost Manufacturing Footprint in India With New Facility
Key Takeaways
Ball Corporation (BALL - Free Report) has announced that it is planning to build a beverage can manufacturing facility in Uttar Pradesh, India. This move will further boost Ball Corp’s manufacturing footprint in the growing Indian market.
Facility to Boost BALL’s Presence in India
Ball Corp has steadily expanded its footprint across India since entering the market in 2016. The company’s established facilities in India’s Taloja and Sri City provide a wide range of beverage can formats for global and leading domestic brands.
The company is planning to invest in a new two-line beverage can manufacturing facility in Uttar Pradesh. Driven by secured customer contracts, this project is expected to deliver strong EVA. The investment is in line with Ball Corp’s expectation that capital expenditure will average depreciation and amortization over time. The facility is expected to become operational in 2029.
Demand for sustainable aluminum packaging is rising in India and the country remains one of Ball Corp's most important strategic growth markets. The company aims to establish a plant network that spans the majority of the country. The Uttar Pradesh facility investment reflects the company’s confidence in India’s long-term economic potential and the rising growth of aluminum packaging.
Ball Corp’s Q2 Performance
BALL’s India operations are part of the company’s Beverage Packaging, EMEA segment, which accounted for 31% of the second quarter 2026 sales. Sales in the Beverage Packaging EMEA segment rose 10.6% to $1.24 billion in the second quarter. Comparable operating earnings increased 6.6% to $162 million. Higher volume and pricing benefits offset increased costs, while segment shipments grew at a mid-single-digit rate.
Ball Corp reported comparable earnings of $1.03 per share for the second quarter of 2026, up 14.4% year over year. The figure surpassed the Zacks Consensus Estimate of 99 cents by 4%, supported by higher shipments and favorable price/mix.
Total sales climbed 19.7% to $3.98 billion and beat the consensus mark of $3.67 billion by 9%. The company’s top-line increase reflected higher volumes and favorable price/mix, mainly attributable to higher aluminum prices. Global shipment growth of 4.3% exceeded Ball’s long-term volume growth of 2-3%.
BALL Stock’s Price Performance
The company’s shares have gained 20% in the past year compared with the industry's 12.9% growth.
Image Source: Zacks Investment Research
Ball Corp’s Zacks Rank & Stocks to Consider
BALL currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the Industrial Products sector are Helios Technologies, Inc. (HLIO - Free Report) , Fastenal Company (FAST - Free Report) and Crane Company (CR - Free Report) . These three companies carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Helios Technologies’ 2026 earnings is pegged at $3.19 per share. The company has a trailing four-quarter average earnings surprise of 24.6%. Helios Technologies shares have gained 29.9% in a year.
The Zacks Consensus Estimate for Fastenal’s 2026 earnings is pinned at $1.26 per share, which indicates year-over-year growth of 15.6%. Fastenal’s shares have grown 3.3% in a year.
Crane has an average trailing four-quarter earnings surprise of 10.4%. The Zacks Consensus Estimate for CR’s 2026 earnings is pinned at $6.99 per share. The company’s shares have gained 10.5% in a year.