Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Broker’s call: JK Tyre (Buy)

JK Tyre & Ind Consolidated March 2022 Net Sales at Rs 3,311.83 crore, up 13.14% Y-o-Y

Indian indices on Friday advanced strongly, ending the week on a positive note after two straight weeks of losses, with solid gains recorded in market heavyweights Reliance, DRL, Nestle India, and L&T, among others.

Stocks to Watch: Paytm, BHEL, Sun Pharma, JK Tyre

Board of the company recommends dividend at 75%

JK Tyre Q4 net down 80% to ₹38 crore; posts highest ever revenue of ₹12,000 cr in FY22

The company had posted a net profit of Rs 194.96 crore for the same period of previous fiscal year, JK Tyre & Industries said in a regulatory filing.

JK Tyre & Industries Q4 profit falls 80% to Rs 38 crore

JK Tyre & Industries consolidated net profit declines 78.74% in the March 2022 quarter

Commenting on the initiative, JK Tyre & Industries Manufacturing Director Anil Makkar said, “We are strictly monitoring our water usage through the installation of water metres at key points in our manufacturing units, and constantly aiming to improve the water efficiency of our operations, along wi…

JK Tyre plans to reduce 65 per cent raw water usage by 2025

Says industry unable to go for price hikes also because of market conditions

Rise in fuel costs affecting everything: JK Tyre

ATMA members include Apollo Tyres, Bridgestone India, Ceat, Continental India, Goodyear India, JK Tyre & Industries, Michelin, MRF and TVS Srichakra

Satish Sharma, Gaganjot Singh elected as ATMA Chairman and Vice-Chairman

The CCI on February 2, 2022, had published an Order dated August 31, 2018, against JK Tyre and certain other domestic tyre manufacturing companies and had imposed a penalty of Rs309.95 crore on the Company.

JK Tyre files appeal before NCLAT against CCI order; Stock dips 2%

Krishna Kumar was instrumental in setting up the Raghupati Singhania Centre for Vehicle Dynamics and Tyre Mechanics at IIT Madras

R Krishna Kumar appointed technology advisor to CMD and MD, JK Tyre

JK Tyre & Industries Limited is engaged in the manufacturing of tyres, tubes and flaps. It's geographical segments include India, Mexico and Others.

JK Tyre & Industries Ltd

JK Tyre & Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s call: JK Tyre (Buy)

JK Tyre & Ind Consolidated March 2022 Net Sales at Rs 3,311.83 crore, up 13.14% Y-o-Y

Stocks to Watch: Paytm, BHEL, Sun Pharma, JK Tyre

JK Tyre Q4 net down 80% to ₹38 crore; posts highest ever revenue of ₹12,000 cr in FY22

JK Tyre & Industries Q4 profit falls 80% to Rs 38 crore

JK Tyre & Industries consolidated net profit declines 78.74% in the March 2022 quarter

JK Tyre plans to reduce 65 per cent raw water usage by 2025

Rise in fuel costs affecting everything: JK Tyre

Satish Sharma, Gaganjot Singh elected as ATMA Chairman and Vice-Chairman

JK Tyre files appeal before NCLAT against CCI order; Stock dips 2%

JK Tyre & Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s call: JK Tyre (Buy)

JK Tyre & Ind Consolidated March 2022 Net Sales at Rs 3,311.83 crore, up 13.14% Y-o-Y

Stocks to Watch: Paytm, BHEL, Sun Pharma, JK Tyre

JK Tyre Q4 net down 80% to ₹38 crore; posts highest ever revenue of ₹12,000 cr in FY22

JK Tyre & Industries Q4 profit falls 80% to Rs 38 crore

JK Tyre & Industries consolidated net profit declines 78.74% in the March 2022 quarter

JK Tyre plans to reduce 65 per cent raw water usage by 2025

Rise in fuel costs affecting everything: JK Tyre

Satish Sharma, Gaganjot Singh elected as ATMA Chairman and Vice-Chairman

JK Tyre files appeal before NCLAT against CCI order; Stock dips 2%

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock