Is JK Tyre good share to buy?
Good news, investors! JK Tyre & Industries is still a bargain right now. My valuation model shows that the intrinsic value for the stock is ₹268.55, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.
Is JK Tyres debt free?
The company has net debt of ₹4,800 crore as of December 31, 2021. The large debt overhang has restricted JK Tyres from arranging large capital expenditure (capex) for setting up new tyre factories.
Who is JK Tyre owner?
Raghupati Singhania
Raghupati Singhania, Chairman & MD. Dr. Raghupati Singhania is the Chairman & Managing Director of JK Tyre & Industries Ltd. – Pioneers of Radial technology in India and leaders in the Indian Tyre Industry, and the manufacturers of the well known “JK Tyre”, “Vikrant” and “Tornel” brand of Tyres.
What is the intrinsic value of JK Tyre?
JK Tyre n Industries
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 31 Mar 2022 | Rs. 150.46 | Rs. 117.35 |
| 10 Jun 2022 | —- | Rs. 108.75 |
| 0.10 0.09% |
What is future of JK TYRE share?
quote is equal to 108.850 INR at 2022-07-09. Based on our forecasts, a long-term increase is expected, the “Jk Tyre Amp Industries Ltd” stock price prognosis for 2027-07-02 is 205.712 INR. With a 5-year investment, the revenue is expected to be around +88.99%. Your current $100 investment may be up to $188.99 in 2027.
Is JK TYRE good for long-term?
NEW DELHI: JK Tyre and Industries Ltd, among India’s largest tyre manufacturers, on Monday said tIndia Ratings and Research has upgraded its long-term issuer rating to ‘IND A/Stable’ on the back of strong recovery in sales and financial performance reported by the company in the December quarter.
What is a major problem with JK Tyres?
JK Tyre has been facing a tough time on the back of weak balance sheet and governance issues. The company’s key return ratios are heading south, cash in the books reflects a liquidity crunch and interest coverage ratio is looking bleaker than ever. Also, a high managerial remuneration against peers is raising eyebrows.
Is JK Tyre is Indian company?
1995 – Mercedes Benz Launched on JK steel radials. First tyre manufacturer in the world to get ISO 9001. 1996 – India’s first dual contact high traction steel radial– aquasonic launched. Introduced steel wheels….JK Tyre Industries Ltd.
| Change | Change % |
|---|---|
| 0.55 | 0.54% |
| Updated:01 Jul, 2022, 16:01 PM IST |
Is JK Tyre is Indian?
It is the only Indian tyre manufacturer to be included in the list of Superbrands India in 2019 for the seventh consecutive year. Additionally, JK Tyre was featured among India’s Best Companies to Work For in 2019 by Great Place to Work®.
Is JK TYRE share good to buy for long-term?
JK Tyre & Industries Limited (NSE: JKTYRE) As on 30th Jun 2022 JKTYRE Share Price closed @ 101.70 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 132.48 & Strong Sell for SHORT-TERM with Stoploss of 116.16 we also expect STOCK to react on Following IMPORTANT LEVELS.
Will JK Tyres share price increase?
As on 8th Jun 2022 JKTYRE Share Price closed @ 110.00 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 135.25 & Strong Sell for SHORT-TERM with Stoploss of 120.09 we also expect STOCK to react on Following IMPORTANT LEVELS….JKTYRE Share Price.
| PRECWIRE | 66.80 | -7.93% |
|---|---|---|
| NECCLTD | 26.40 | -5.21% |
| EVERESTIND | 602.85 | -5.16% |
Which tyre company share is best?
Best Tyre Stocks in India – List of Top 10 Tyre Sector Stocks to Buy Today
| Stock | LTP (Rs.) | Change% |
|---|---|---|
| Stock Balkrishna Inds. | LTP (Rs.) 2187.70 | Change% 0.72 |
| Stock MRF | LTP (Rs.) 71776.45 | Change% -0.58 |
| Stock Apollo Tyres | LTP (Rs.) 189.30 | Change% 0.13 |
| Stock CEAT | LTP (Rs.) 947.60 | Change% 1.1 |
What is TYRE care?
Frequent (at least once a month) inspection of your tyres for signs of damage and their general condition is important for safety. If you have any questions, have your tyre dealer inspect them. Impacts, penetrations, cracks, knots, bulges, or air loss always require tyre removal and expert inspection.
Which country made JK tyres?
India
1 truck and bus radial tyre manufacturer. JK Tyre’s campaign ‘Made for India and Made for You’ is built around the advantage of using JK truck and bus radial tyres.
Where is JK Tyre made?
The company has manufacturing plants located in India and Mexico with worldwide distribution. The flagship company of JK Organisation JK Tyre & lndustries Ltd is amongst the top 25 manufacturers in the world.
Which tyre company is best for investment?
Market Capitalization of Best Tyre companies (Rs. Cr):
- Balkrishna Industries- Rs. 43,402.
- MRF- Rs. 34,683.
- Apollo Tyres- Rs. 14,360.
- Ceat- Rs. 5,442.
- JK Tyre & Industries- Rs. 3,633.
- Goodyear India- Rs. 2,246.
- TVS Srichakra – Rs. 1,474.
Which TYRE share is best?
Top India Tyre Stocks With Highest Returns
- Goodyear India. (GOODYEAR) 5.87%
- Mm Rubber Company. (MMRUBBR-B) -0.79%
- MRF Ltd. (MRF) -1.56%
- Pix Transmissions. (PIXTRANS) -4.02%
- Balkrishna Industries. (BALKRISIND) -6.51%
- Harrisons Malayalam. (HARRMALAYA) -11.06%
- Indag Rubber. (INDAG) -11.46%
- Apollo Tyres. (APOLLOTYRE) -13.73% INR ₹
Which tyre stock is best in India?
Best Tyre Stocks in India – List of Top 10 Tyre Sector Stocks to Buy Today
| Stock | LTP (Rs.) | 52 Week High (Rs.) |
|---|---|---|
| Stock Dunlop India | LTP (Rs.) 10.41 | 52 Week High (Rs.) 11.17 |
| Stock Birla Tyres | LTP (Rs.) 7.35 | 52 Week High (Rs.) 30.45 |
| Stock Falcon Tyres | LTP (Rs.) 6.70 | 52 Week High (Rs.) 6.7 |
Why are tyre stocks falling?
Shares of select tyre manufacturers took a hit in opening deals on Thursday, falling 2-3.5% on the National Stock Exchange. The decline was the result of the Competition Commission of India (CCI) announcing a monetary penalty on five major tyre manufacturers for “indulging in cartelisation”.