JK Tyre & Indust

JKTYRE15 Apr 2024
Tyres
-9.30 (-2.24%)
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
JKTYRE15 Apr 2024
-9.30 (-2.24%)
OverviewFundamentals
1D
1M
6M
1Y
5Y
All

JK Tyre & Indust - Share Price & Details

Lowest Today
395.05
Highest Today
411.9
Today’s Open
409
Prev. Close
414.55
52 Week High
553.95
52 Week Low
161.55
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
154.40%
Upper Circuit
Lower Circuit
P/E TTM
20.6
P/B Ratio
2.92
Traded Value(Cr)
0.79
EPS TTM
19.66
Book value
Dividend
0.47%

Price Performance

-3.05 %
1 Wk
-11.08 %
1 M
2.45 %
3 M
154.40 %
1 Y
5.40 %
YTD

Traded Volume Movement

Technical Details

Support 3
380
Support 2
388
Support 1
397
Pivot Point :
405
Resistance 1
414
Resistance 2
421
Resistance 3
430

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
JK Tyre & Industries Ltd
₹405.25(-9.30/-2.24%)
405.25-9.3010,565.83154.4020.602.92
Innovative Tyres & Tubes Ltd
₹6.80(-0.35/-4.90%)
6.80-0.3512.23175.000.00-0.24
CEAT Ltd
₹2,583.15(-4.40/-0.17%)
2,583.15-4.4010,448.8780.1415.482.85
TVS Srichakra Ltd
₹4,373.40(-105.55/-2.36%)
4,373.40-105.553,350.0259.8433.223.11
MRF Ltd
₹129,443.80(-2272.70/-1.73%)
129,443.80-2,272.7054,884.1754.1327.233.52
Balkrishna Industries Ltd
₹2,387.45(-5.60/-0.23%)
2,387.45-5.6046,153.5116.7638.055.61

About JK Tyre & Industries Ltd

JK Tyre & Industries Ltd is in the Tyres sector, having a market capitalization of Rs. 10558 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

Latest News

Tech View: Nifty forms Shooting Star candle
Nifty on Monday fell 247 points to form a Shooting Star candle on the daily chart and violated the crucial support of 20-day EMA placed at 22,370.The larger degree positive chart pattern like higher tops and bottoms is intact on the weekly chart and present weakness could be in line with the formation of a new higher bottom of the pattern.
15 Apr 2024 | 06:37 PM
📢Bears dominate D-St at close as Sensex tanks 845 pts, Nifty below 22,300
📈 Domestic benchmark indices closed on a bearish note after the volatile session on 15 April, 2024.
📢 At 3:30 PM, the Sensex tanked by 845.12 points or 1.14% at 73,399.78, and the Nifty ended lower by 246.90 points or 1.10% at 22,272.50.
📊Among sectoral indices, Energy (⬇️0.32%), PSU Bank (⬇️1.98%), and Media (⬇️2.23%) witnessed considerable selling pressure.
15 Apr 2024 | 03:41 PM
Bears tighten grip on markets amid Israel-Iran tussle
Renewed tensions in the Middle-East sent benchmark indices Sensex and Nifty into a tailspin on April 15. Most of the sectors came under pressure, with IT and banking indices emerging as the worst hit. However, analysts believe that the war woes are mostly priced in and investors will now take cues from corporate earnings season and 2024 general elections for further direction.
15 Apr 2024 | 03:18 PM
Nifty Metal index bounces back 3.4% from day's low amid strong spike
The Indian market started off Monday's trade in negative territory as heightened geopolitical tensions in the Middle East, sparked by an Iranian drone attack on Israel in retaliation over the weekend, impacted investor sentiment. According to media reports, more than 300 missiles and drones were fired by Iran at the weekend, the first time it has struck Israel from its soil.
15 Apr 2024 | 12:51 PM
Mid-day Mood | Sensex, Nifty pulled down by Israel-Iran tensions
Equity benchmarks the 30-pack Sensex and the broad-based Nifty continued to traded lower on April 15 afternoon, weighed down by losses in banking, consumer, and technology names. Growing Iran-Israel tensions stoked concerns of spike in oil prices and commodity supply weakened investors’ risk appetite. At around noon, the Sensex was down 505.13 points, or 0.68 percent, at 73,739.77.
15 Apr 2024 | 12:48 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.405.25 today.

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

The company has a market capitalization of Rs.10565.83Cr

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

PE is 20.6 and PB is 2.92

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

JK Tyre & Indust stock price high: Rs.553.95 JK Tyre & Indust stock price low: Rs.161.55

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.