Is it good to invest in JK Tyre?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JK Tyre & Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Is JK Tyre share price forecast?

JK Tyre & Industries Ltd. quote is equal to 112.150 INR at 2022-06-05. Based on our forecasts, a long-term increase is expected, the “Jk Tyre Amp Industries Ltd” stock price prognosis for 2027-05-28 is 217.516 INR. With a 5-year investment, the revenue is expected to be around +93.95%.

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.

Which country made JK Tyres?

India
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.

Is JK TYRE undervalued?

Very undervalued with moderate growth potential.

Is JK Tyres debt free?

JK Tyres and Industries, one of India’s largest tyre manufacturers, plans to bring down debt by around 45 per cent in the next three years as part of its deleveraging plan involving maintaining a tight leash on costs and spends. The company has net debt of ₹4,800 crore as of December 31, 2021.

What is the future of JK TYRE?

JK Tyre is a leveraged company with absolute debt at ~| 5,400 crore as of FY20E with resultant debt: equity at 2.2x. Going forward, with limited capex plans and operating leverage benefits under way, we expect JKTIL to retire debt with resultant debt: equity expected at 1.4x as of FY22E.

What is future of JK TYRE share?

JkTyre targets for this month are 128.09, 193.87 on the upside, and 102.71, 90.01 on the downside.

What is the full form of JK Tyre?

The name JK is derived from the initials of Kamlapat and his father Seth Juggilal (1857–1922), who belonged to the family associated with the Marwari firm Sevaram Ramrikhdas of Mirzapur. The JK group was founded in 1918. J. K. Organisation. Industry. cement, tyre, paper, Software, FMCG ,Dairy products.

Which car company uses JK Tyre?

Winning chemistry. JK Tyre has established its mark with automotive Original Equipment Manufacturers by partnering some of the biggest names in the Indian automobile industry, including Maruti Suzuki, Tata Motors, Ashok Leyland, Mahindra & Mahindra, Volvo Eicher, General Motors, Volkswagen, Fiat, Nissan, and TAFE.

Is JK Tyre is Indian?

The flagship company of JK Organisation, JK Tyre & Industries Ltd is one of India’s foremost tyre manufacturers and is also amongst the top 25 manufacturers in the world.