JK Tyre & Indust

JKTYRE23 Feb 2024
Tyres
+8.35 (+1.66%)
Lowest Today
Highest Today
Today’s Open
Prev. Close
52 Week High
52 Week Low
To Invest in JK Tyre & Indust
JK Tyre & Indust
Tyres
JKTYRE23 Feb 2024
+8.35 (+1.66%)
OverviewFundamentals
1D
1M
6M
1Y
5Y
All

JK Tyre & Indust - Share Price & Details

Lowest Today
503.55
Highest Today
515.95
Today’s Open
504
Prev. Close
502.9
52 Week High
554.35
52 Week Low
141.65
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
243.01%
Upper Circuit
Lower Circuit
P/E TTM
26
P/B Ratio
3.69
Traded Value(Cr)
0.00
EPS TTM
19.66
Book value
Dividend
0.37%

Price Performance

-0.45 %
1 Wk
8.33 %
1 M
52.93 %
3 M
243.01 %
1 Y
30.01 %
YTD

Traded Volume Movement

Technical Details

Support 3
492
Support 2
498
Support 1
505
Pivot Point :
511
Resistance 1
518
Resistance 2
523
Resistance 3
530

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
JK Tyre & Industries Ltd
₹511.25(+8.35/1.66%)
511.25+8.3513,329.50243.0126.003.69
CEAT Ltd
₹2,914.80(+10.20/0.35%)
2,914.80+10.2011,790.3997.2517.503.22
MRF Ltd
₹150,777.90(+683.90/0.46%)
150,777.90+683.9063,929.8373.7831.724.10
Apollo Tyres Ltd
₹523.15(+0.30/0.06%)
523.15+0.3033,225.3159.7227.153.34
Goodyear India Ltd
₹1,302.65(-2.10/-0.16%)
1,302.65-2.103,005.2125.0322.654.85
Balkrishna Industries Ltd
₹2,332.40(+52.65/2.31%)
2,332.40+52.6545,089.3013.3337.195.48

About JK Tyre & Industries Ltd

JK Tyre & Industries Ltd is in the Tyres sector, having a market capitalization of Rs. 13329.5 crores. It has reported a sales of Rs. 2563.7 crores and a net profit of Rs. 164.35 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 (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

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.
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