top of page
Writer's pictureShubham digital

JK Tyre Share Price Target | JK Tyre Share Price Target 2024

JK Tyres Share Price Target is a well-known company that is listed on stock exchanges. The company's stock prices are constantly rising due to its high demand and established reputation over the years. The company's reputation is based on its outstanding performance in its core field, which is being built up through the manufacturing of shares. Therefore, the growth of the company's performance will be reflected in its share prices in the future. JK Tyres Share Price Target 2024 Currently, the market price of the company's shares stands at 439.5 INR, which is a temporary price and can be changed at any time. In the past six months, the share prices of the company have increased by 1.78% compared to their previous closing price on the stock exchanges. The share prices have risen by 69.54% in the same period.


JK Tyres' share price Target 2025 has increased by 192.94% in the past year on the stock exchanges. The highest price of the company's shares in the past year was 553,95 INR, while the lowest price in the past 52 weeks was 141,65 INR. According to the present market price of the shares, the company's shares are being priced at 15 per cent undervalued.

According to our JK Tyres share price forecast process, there are chances for growth in the company's share price shortly. The company's share price forecast for 2025 stands at 734,62 INR, which is based on the company's past and present performance. The company's stock price forecast for 2030 stands at 1036,95 INR. This is just a rough idea of the share price forecast; it may change in the future.

JK Tyres Share Price Target 2024

Months

Target Prices

January

543.07

February

552.16

March

543.1

April

538.49

May

553.91

June

553.89

July

553.92

August

553.91

September

554.04

October

691.16

November

691.25

December

691.33

JK Tyres Share Price Target 2025

Months

Target Prices

January

735.08

February

744.16

March

734.96

April

730.4

May

730.42

June

730.42

July

730.33

August

730.31

September

730.26

October

730.35

November

730.37

December

730.44

JK Tyres Share Price Target 2026

Months

Target Prices

January

790.49

February

799.67

March

790.49

April

785.91

May

785.96

June

785.91

July

785.96

August

785.91

September

785.96

October

785.98

November

785.9

December

785.96



JK Tyres Share Price Target 2027


Months

Target Prices

January

848.79

February

857.93

March

848.81

April

844.29

May

844.23

June

844.25

July

844.27

August

844.18

September

844.27

October

844.25

November

844.27

December

844.35

JK Tyres Share Price Target 2028

Months

Target Prices

January

909.91

February

919.12

March

909.97

April

905.39

May

905.44

June

905.36

July

905.43

August

905.47

September

905.38

October

905.4

November

905.45

December

905.42

JK Tyres Share Price Target 2029

Months

Target Prices

January

974.26

February

983.36

March

974.17

April

969.56

May

969.65

June

969.59

July

969.51

August

969.48

September

969.42

October

969.41

November

969.48

December

969.48

JK Tyres Share Price Target 2030

Months

Target Prices

January

1041.65

February

1050.8

March

1041.61

April

1037.06

May

1037.04

June

1037.04

July

1036.95

August

1037.01

September

1036.99

October

1036.94

November

1036.95

December

1036.93

JK Tyres and Industries ltd Finances:-

Market Capitalization Value

11482 crores

Total Share Capital

49.25 crores

Long term Borrowings

849.03 crores

Short term Borrowings

1698.28 crores

Long term Provisions

32.99 crores

Short term Provisions

10.76 crores

Long term investments

786.67 crores

Short term investments

11.17 crores

Trade receivables

1774.20 crores

Trade Payables

1036.86 crores

Total Inventories

1292.67 crores

Total Assets

8006.02 crores

Total Contingent liabilities

1123.12 crores

Total revenue

9649.23 crores

Total expenses

9343.20 crores

EPS

7.45

ROE

6.36 percent

ROSE

11.78 percent

Debt to Equity ratio

0.88 percent

Dividend Payout ratio

20.09 percent

JK Tyres and Industries ltd Shareholding Pattern:-

Shareholders

Share percentage

Promoters

53.13 percent

Retail and others

29.06 percent

Foreign Institutions

12.21 percent

Mutual Funds

4.50 percent

Other Domestic Institutions

1.11 percent

JK Tyres and Industries ltd Competitors:-

  • MRF

  • Birla Tyres

  • CHAT

  • Apollo Tyres

  • TVS Srichakra ltd


The company has set certain target prices that it aims to reach within one year. These target prices are: 543.07 INR for 2024, 744.16 INR for 2025, 790.49 INR for 2026, 848.79 INR for 2027, 909.91 INR for 2028, 974.26 INR for 2029, and 1041.65 INR for 2030.

The company's revenue has been increasing steadily, with a 16.44 per cent increase in the last three years.

In the last quarter, the JK Tyres Share Price target increased by 232,62 per cent compared to the same quarter in the previous year. The company's earnings and revenue are expected to increase by 17,2 and 8,4 percent respectively in the coming years. The company's EPS is expected to grow by 17,4 per cent per year in the next few years.

Think about the risks before you invest and always keep them in mind even after you make the investment.

Invest as you can and do not take out any loans from any institutions for investment.

Keep track of the company’s financials and review the financial statements, the financial ratios, the expense ratio, and the Statement of Profit and Loss.

Review the fund in which you want to invest by looking at the funds category, types of funds, return, availability, etc.

Review the Tax implications of the shares and keep track of the tax implications as they change every financial year.


3 views0 comments

Comments


bottom of page