Borusan Birlesik stock fell 2.95 percent on October 7
Published on 10/08/2026 at 02:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Borusan Birlesik stock (ISIN TRABRSAN91G8) fell 2.95 percent to TRY 659 on Borsa Istanbul on October 7, 2026. The move came as the steel-pipe manufacturer remained below its 52-week high while its latest half-year figures showed sharply higher profitability.
Stock sits below its yearly high
The share price moved between TRY 648.50 and TRY 684.50 during the October 7 session, with 1,256,415 shares changing hands. The 52-week range stood at TRY 383.50 to TRY 789.00, placing the reference close TRY 130.00 below the yearly high.
Borusan Birlesik had a market capitalization of TRY 93.4 billion as of October 7, 2026. The company is listed on Borsa Istanbul under the ticker BRSAN, and its valuation remains closely tied to steel demand, project shipments and currency movements.
Half-year profit rises 166.4 percent
According to ETRE Finans, Borusan Birlesik generated USD 976.9 million in first-half 2026 revenue, up 26.1 percent from USD 774.6 million in the comparable period. Net income rose 166.4 percent to USD 39.8 million from USD 14.9 million.
The same first-half review reported a gross margin of 10.47 percent, compared with 8.25 percent a year earlier, while the EBITDA margin reached 9.25 percent from 6.90 percent. The comparison matters because it points to a profitability improvement alongside revenue growth rather than a sales increase alone.
Steel pipe exposure shapes the outlook
Borusan Pipe says it serves energy, construction, automotive and infrastructure customers through four major business lines. Its website states that the company has traded on Borsa Istanbul under BRSAN since its public offering in 1994.
The earnings mix leaves shipment timing and project execution as key variables for the next reported period. For investors, the central contrast is clear: the stock ended October 7 at TRY 659, while first-half net income had already reached USD 39.8 million.
Stock remains below the 52-week high
Borusan Birlesik stock closed at TRY 659 on Borsa Istanbul on October 7, 2026, with a 52-week range of TRY 383.50 to TRY 789.00.
Borusan Birlesik stock facts
- Company: Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret A.S.
- ISIN: TRABRSAN91G8
- Ticker: BRSAN
- Trading venue: Borsa Istanbul
- Closing price (October 7, 2026): TRY 659
- Market capitalization: TRY 93.4 billion (as of October 7, 2026)
- 52-week range: TRY 383.50-789.00 (as of October 7, 2026)
- Sector / Industry: Materials / Steel pipes
