JK

JK Tyre & Industries LtdNSE JKTYRE Stock Report

Last reporting period 31 Mar, 2024

Updated 04 Nov, 2024

Last price

Market cap $B

0.171

Micro

Exchange

XNSE - National Stock Exchange Of India

JKTYRE.NS Stock Analysis

JK

Neutral

Based on Eyestock quantitative analysis, JKTYRE.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

55/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

2.5 %

Undervalued

Market cap $B

0.171

Dividend yield

1.70 %

Shares outstanding

260.72 B

JK Tyre & Industries Ltd. manufactures tyres, tubes and flaps. The company is headquartered in New Delhi, Delhi and currently employs 5,836 full-time employees. The firm and its subsidiaries are engaged in developing, manufacturing, marketing and distributing automotive tyres, tubes, flaps and retreads. The firm's segments include India, Mexico and Others. The firm markets its tyres for sale to vehicle manufacturers for fitment in original equipment and for sale in replacement markets worldwide. The company provides end-to-end solutions across segments of passenger vehicles, commercial vehicles, farming, off-the-road, and two and three-wheelers. Its puncture guard product prevents punctures. The company provides Smart Tyre technology and Tyre Pressure Monitoring Systems, which offers TREEL sensors that monitors the tyre's vital statistics, including pressure and temperature. The company also has a network of over 6000 dealers and 650 brand shops called as Steel Wheels, Truck Wheels and Xpress Wheels. The firm has approximately 12 manufacturing facilities: nine in India and three in Mexico.

View Section: Eyestock Rating