JK Tyre & Industries Ltd

JKTYRE14 Jun 2024
Tyres
-2.65 (-0.66%)
Lowest Today
Highest Today
Today’s Open
Prev. Close
52 Week High
52 Week Low
To Invest in JK Tyre & Indust
JK Tyre & Industries Ltd
Tyres
JKTYRE14 Jun 2024
-2.65 (-0.66%)
OverviewFundamentals
1D
1M
6M
1Y
5Y
All

JK Tyre & Indust - Share Price & Details

Lowest Today
398.15
Highest Today
403.95
Today’s Open
403.4
Prev. Close
401.55
52 Week High
554.35
52 Week Low
188.05
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
110.78%
Upper Circuit
Lower Circuit
P/E TTM
17.19
P/B Ratio
2.67
Traded Value(Cr)
0.00
EPS TTM
23.2
Book value
Dividend
1.38%

Price Performance

-2.46 %
1 Wk
3.92 %
1 M
-7.61 %
3 M
110.78 %
1 Y
1.44 %
YTD

Traded Volume Movement

Technical Details

Support 3
392
Support 2
395
Support 1
397
Pivot Point :
401
Resistance 1
403
Resistance 2
406
Resistance 3
408

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
JK Tyre & Industries Ltd
₹398.90(-2.65/-0.66%)
398.90-2.6510,400.27110.7817.192.67
Balkrishna Industries Ltd
₹3,239.35(+47.40/1.48%)
3,239.35+47.4062,622.2039.5743.567.07
MRF Ltd
₹125,607.90(-399.05/-0.32%)
125,607.90-399.0553,257.7525.5926.093.24
CEAT Ltd
₹2,540.85(+1.60/0.06%)
2,540.85+1.6010,277.7624.0714.972.60
Apollo Tyres Ltd
₹476.35(-0.40/-0.08%)
476.35-0.4030,253.0316.7025.182.90
Goodyear India Ltd
₹1,182.40(+6.35/0.54%)
1,182.40+6.352,727.80-0.8228.764.71

About JK Tyre & Industries Ltd

JK Tyre & Industries Ltd is in the Tyres sector, having a market capitalization of Rs. 10400.27 crores. It has reported a sales of Rs. 2616.08 crores and a net profit of Rs. 146.29 crores for the quarter ended December 2018. The company management includes Raghupati Singhania, Raghupati Singhania,Bakul Jain,Bharat Hari Singhania,Arun K Bajoria,Kalpataru Tripathy,Vimal Bhandari,P K Rustogi,Wolfgang Holzbach,Sunanda Singhania,Shreekant Somany,Anshuman Singhania,Meera Shankar,Subhrakant Panda,Jorg Nohl,Kamal Kumar Manik. (JK Tyre & Industries Ltd) among others.
Chairman
Raghupati Singhania
Registered office
Jaykaygram,PO-Tyre Factory,Kankroli,Rajasthan,313342
FAX :91-02952-232018
Background
Incorporation Year1951
Face Value₹2
Market Lot1

Latest News

Will Nifty touch 24,000 this week? Top 5 factors at play
The Nifty index remains within a narrow range of 23,200-23,500, with a potential breakout above 23,600 leading to a rally up to 24,000. Key factors influencing the market this week include ⏩Global markets, ⏩Macro cues, ⏩FII flow, ⏩Govt &⏩Technicals. Meanwhile, FII selling has reduced, & retail investors are eager to buy every dip, but FPIs may turn sellers again if the market rallies further.
16 Jun 2024 | 11:55 AM
Indian room air-conditioner market to reach Rs 50,000 crore by FY29: Voltas
The Indian room air-conditioners (RAC) market is expected to grow at a CAGR of 12% to reach Rs 50,000 crore by FY 2028-29, driven by factors like hot summers and rising disposable incomes. The market leader, Voltas, aims to reinforce its market leadership through expansion of Exclusive Brand Outlets and other channels. The industry, however, faces challenges such as import dependency.
16 Jun 2024 | 04:53 PM
Global Rate-Cut Juggernaut Is Struggling to Start
Central banks in the UK, Australia, Norway, and Switzerland are expected to keep interest rates on hold this week, with policymakers hesitant to cut rates due to lingering price pressures and uncertainty. The Bank of England is likely to wait until August to cut rates, while the Swiss National Bank may avoid a second rate reduction.
16 Jun 2024 | 04:37 PM
Infra stocks to continue their run beating capital goods shares
Domestic infrastructure and capital goods stocks have seen significant growth, with capital goods stocks tripling in value and infra stocks doubling over the past three years. The RBI has raised its GDP growth forecast to 7.2% for FY25, indicating a strong outlook for these sectors. Capital goods stocks have outperformed infra stocks due to lower capital requirements and stronger earnings.
16 Jun 2024 | 04:36 PM
Wipro wins multi-million dollar deal from Standard Chartered
Wipro Ltd has secured a major IT outsourcing contract from Standard Chartered Plc, marking its second significant win under CEO Srinivas Pallia. The financial terms of the deal were not disclosed, but the contract is expected to generate significant revenue for Wipro. This win is seen as a major boost to Wipro's growth prospects and a testament to Pallia's leadership.
16 Jun 2024 | 04:36 PM

How to buy JK Tyre & Indust shares on nse?

To buy JK Tyre & Indust shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the JK Tyre & Indust share price today?

The JK Tyre & Indust shares price on nse is Rs.398.9 today.

What is the market cap of JK Tyre & Indust shares on BSE ?

The company has a market capitalization of Rs.10400.27Cr

What is the PE & PB ratio of JK Tyre & Indust shares ?

PE is 17.19 and PB is 2.67

What is the 52 Week High and Low of JK Tyre & Indust shares?

JK Tyre & Indust stock price high: Rs.554.35 JK Tyre & Indust stock price low: Rs.188.05

What is the dividend yield of JK Tyre?

The dividend yield of JK Tyre is 0.97%. 

 

What are the growth prospects of JK Tyre in the near future?

The growth prospects of JK Tyre look bright as the company plans to invest Rs. 11,000 crores to grow its capacity for production and meet the growing demand for its product. In the near future, the company wishes to increase its passenger and truck radial production so growth prospects are underway and appear good. 

What are the key drivers of JK Tyre's share price movement?

JK Tyre’s price movement has witnessed positive momentum with its yearly growth in revenue of over 31% outperforming its three-year CAGR of just over 4%. As the company has spent a good deal on its interest expenses and invested in a solid workforce, the company’s potential for growth has led to its return outperforming that of the Nifty Smallcap 100. This has led to a boost in its share price. 

 What is the debt-to-equity ratio of JK Tyre?

The debt-to-equity ratio of JK Tyre is 1.12. 

What is the EPS of JK Tyre?

The EPS of JK Tyre is Rs. 7.43. 

 How does JK Tyre compare to its peers in the industry?

With peers like Apollo Tyres and CEAT Ltd, JK Tyre is positioned in a good spot. Compared to its peers, the company has displayed growth in net profit and its book value per share on the rise for the past few years. It is also moving to expand its operations and has the potential to give peers some stiff competition. Additionally, the company’s earnings are predicted to grow by above 40% annually. 

 

What is the ROE of JK Tyre?

The ROE of JK Tyre is 7.24%. 

What is the outlook for the Indian tyre industry and how will it impact JK Tyre's share price?

The outlook for JK Tyres is far from bleak with expansion and growth on the company’s mind. With a growth forecast of above 40% per year, the company hopes to revive its top position as far as its share price goes.