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JK Tyre & Industries Ltd.
Share Price Target & Analysis

NSE:JKTYRE

362.35

VWAP

361.55

Open

361.55

Close

365.5

High

356.95

Low

553.95

52 Week High

361.20 ⇩
-0.35 (-0.1%)

JKTYRE

(AUTOMOBILE)
11.9% Momentum

Turnaround Potential

335.2

52 Week Low

20.18

EPS

26.69

PE

2.54

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: JKTYRE Share Price Financial Analysis & Valuation

JK Tyre & Industries Ltd. (JKTYRE) is broadly categorized in AUTOMOBILE segment industry which deals in Tyres vertical. It is one of Mid Cap company with Market Capitalization of Rs 3325.3 (in Cr). Total number of free float shares are 22.7 (in Lacs). JK Tyre & Industries Ltd. is listed on NSE with Exchange ID - INE573A01042 and trading code is NSE:JKTYRE with short name JK Tyre & Ind.

In the past 1 year, JK Tyre & Industries Ltd. has declared an equity dividend of Rs 1.5 per share. At the current share price of JKTYRE at Rs 361.20, this results in a dividend yield of 0.42 %.

As per the Fundamental Analysis of NSE:JKTYRE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine JKTYRE underlying value and future prospects. All of this data is available in JKTYRE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:JKTYRE, it is clearly understood that JKTYRE is Standard performer in terms of earnings and profit margins with an EPS of 20.18. NSE:JKTYRE book value per share as of today is 142.28. The current price to book ratio for JKTYRE as of Nov 23, 2024 is 2.54.

Valuation of the Stock: The current valuation of JKTYRE stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of JKTYRE whether to BUY this stock at current valuation. The delivery percentage of JKTYRE is 34.18% is very crucial parameter which shows that 34.18% investors are anticipating that the price of JKTYRE share should go up with VWAP at 362.35.

Now, the main question is whether to BUY or SELL, NSE:JKTYRE at current valuation.
As per latest Analysis No. #2291:-

⇑ STRONG BUY JKTYRE if All Greens

⇗ BUY JKTYRE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD JKTYRE (With Stop Loss) if only 1 Green

⇘ SELL JKTYRE if NO Green Indicator

NSE: JKTYRE Share Price Today (Nov 23, 2024)

(JK Tyre & Industries Ltd. Daily Analysis on the basis of JKTYRE Intraday Graph & Trend)

JK Tyre & Industries Ltd. share price moved Down by -0.1% from its previous close of Rs 361.55. JKTYRE stock last traded price is 361.20. JKTYRE share price trend is Down with a total of 372050 stocks traded till now. It has touched an intraday high of Rs 365.5 and an intraday low of Rs 356.95. The JKTYRE trading at 361.20, Down by Rs. -0.35, or -0.1 percent which suggests that most of the Traders are anticipating that the price of JKTYRE share should go Down.

NSE: JKTYRE Share Price Tomorrow Prediction

(JK Tyre & Industries Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of JKTYRE)

JK Tyre & Industries Ltd. share price moved Down by -0.1%. JKTYRE share price short term trend is Down. It suggests that JKTYRE Share Price for Tomorrow remains the same with VWAP at 362.35 will be treated as stop loss for intraday traders. JK Tyre & Industries Ltd. Long term investors can follow the JKTYRE long term trend as mentiond in future forecast table.

NSE Code

NSE: JKTYRE

JKTYRE Share Price Today

 361.20

JKTYRE Share Price Target Prediction for 2024 ^

 351.4 - 472

JKTYRE Share Price Target Prediction for 2025*^

 472 - 593.1

JKTYRE Share Price Target Prediction for 2026*^

 593.1 - 634.6

JKTYRE Share Price Target Prediction for 2027*^

 666

JKTYRE Share Price Target Prediction for 2028*^

 685

JKTYRE Share Price Target Prediction for 2030*^

 747
JKTYRE Current Book Value 2023
141.6

*JK Tyre & Industries Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^JKTYRE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

JKTYRE Technical Analysis

Candlestick Pattern: @365.5

JKTYRE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 370.83 SELL 370.98 SELL
MA_12 383.24 SELL 379.76 SELL
MA_20 385.09 SELL 384.73 SELL
MA_32 394.82 SELL 392.1 SELL
MA_50 404.84 SELL 397.83 SELL
MA_100 413.5 SELL 405.52 SELL
MA_200 428.7 SELL 399.61 SELL

JKTYRE Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 385.09 Downtrend
MACD -1.76 SELL
ADX 31.89 Strong Trend
DMI (+/-) 10.08 / 34.24 Downtrend

JKTYRE Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 32.06 Neutral
STOCHASTIC_K (Fast) 23.97 Neutral
STOCHASTIC_D (Slow) 16.56 Oversold
CCI -144.67 SELL
PSAR 393.05 SELL
TRUE RANGE 16.15 Neutral
ATR 12.91 Neutral
WILLIAMS R -77.67 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 29.54 Neutral
STOCHASTIC RSI D 9.85 Oversold
MOMENTUM -40.25 SELL

JKTYRE Last 1 Year Trend

Duration Value
1 Year 2.24%
3 Months -8.42%
1 Month -9.92%
1 Week -5.25%

JKTYRE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about JKTYRE


JK Tyre & Industries Ltd. stock last traded price is 361.20. JKTYRE share price moved Down by -0.1% from its previous close of Rs 361.55.

JK Tyre & Industries Ltd. share price trend is Down with a total of 372050 stocks traded till now. It has touched an intraday high of Rs 559.4895 and an intraday low of Rs 356.95. The JKTYRE trading at 361.20, Down by Rs. -0.35, or -0.1 percent which suggests that most of the Traders are anticipating that the price of JKTYRE share should go Down and the Stop Loss will be around 362.35.

The market cap of JK Tyre & Industries Ltd. is ₹3325.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for JK Tyre & Industries Ltd. as of Nov 22, 2024 is 26.69.

The current price to book ratio for JK Tyre & Industries Ltd. as of Nov 22, 2024 is 2.54.

The highest price of JK Tyre & Industries Ltd. stock is ₹553.95 in the last 52-week.

The lowest price of JK Tyre & Industries Ltd. stock is ₹335.2 in the last 52-week.

JK Tyre & Industries Ltd. share trading at ₹361.20, Down by Rs. -0.35, or -0.1 percent which suggests that most of the traders are anticipating that the price of JKTYRE share should go Down.

In 2023, Stock price target for JK Tyre & Industries Ltd. (JKTYRE) are ₹351.4 on downside and ₹472 on upside. JK Tyre & Industries Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for JK Tyre & Industries Ltd. (JKTYRE) are ₹472 on downside and ₹593.1 on upside. JK Tyre & Industries Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for JK Tyre & Industries Ltd. (JKTYRE) are ₹593.1 on downside and ₹634.6 on upside. JK Tyre & Industries Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for JK Tyre & Industries Ltd. (JKTYRE) will be around ₹685 JK Tyre & Industries Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of JKTYRE.

The price of JK Tyre & Industries Ltd. (JKTYRE) shares moved by -0.1%. The short-term trend for JKTYRE share price is Down. It implies that the share price of JKTYRE will stay the same tomorrow and that intraday traders should treat VWAP at 362.35 as a stop loss. Investors with a long-term outlook can track JKTYRE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of JKTYRE stock is 242. Compared to the current market price of 361.20 INR, the JKTYRE stock is Overvalued by 33%.

As per the fundamental analysis of JK Tyre & Industries Ltd. (JKTYRE), it is of Standard quality in terms of earnings and profit margins with an EPS of 20.18. JK Tyre & Industries Ltd. book value per share as of today is 142.28. The current price to book ratio for JKTYRE as of Nov 23, 2024 is 2.54.


NSE:JKTYRE News & Other Useful Information about JKTYRE Share Price


Peer Comparison of NSE: JKTYRE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Tyres

Company Price EPS BV
BALKRISIND 2763.60 83.64 458.41
MRF 124597.00 4493.01 38764.7
APOLLOTYRE 495.00 13.6 164.37
CEATLTD 2844.55 143.75 976.79
JKTYRE 361.20 20.18 142.28
GOODYEAR 1273.70 58.62 261.46
TVSSRICHAK 3582.90 100.99 1454.83
PTL 40.32 2.27 63.69
ELGIRUBCO 99.51 2.51 62.69
MODIRUBBER 127.08 4.09 93.27
Updated at: 22 Nov 2024 15:41

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