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1 Comment
JK Tyre & Industries Limited is currently in a long term uptrend where the price is trading 35.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.4.
JK Tyre & Industries Limited's total revenue rose by 25.9% to $28B since the same quarter in the previous year.
Its net income has increased by 1946.5% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 40.0% to $10B since the same quarter in the previous year.
Based on the above factors, JK Tyre & Industries Limited gets an overall score of 5/5.
Sector | Consumer Cyclical |
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ISIN | INE573A01042 |
Industry | Auto Parts |
CurrencyCode | INR |
Exchange | NSE |
Target Price | 172 |
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Dividend Yield | 0.8% |
Beta | 0.95 |
PE Ratio | 20.65 |
Market Cap | 40B |
JK Tyre & Industries Limited develops, manufactures, markets, and distributes automotive tyres, tubes, and flaps in India, Mexico, and internationally. The company offers truck/bus bias and radial, light and small commercial vehicle, farm, passenger car radial, off the road and industrial, military/defense, specialty, two- and three-wheeler, motorcycle and scooter, and racing car tyres, as well as retreads. It also operates tyre care centers that are involved in the repair, inflation pressure check, wheel alignment and balancing, rotation, and servicing of tyres.JK Tyre & Industries Limited provides its products under JK Tyre, Vikrant, and Tornel brands. The company markets its products and services through a network of approximately 600 Steel Wheels, Xpress Wheels, Truck Wheels, and Retread centers, as well as approximately 650 brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.
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