JK Tyre & Industries Limited is engaged in the manufacturing of tyres, tubes and flaps. The Company's geographical segments include India, Mexico and Others. It offers a range of tires, including passenger car tires, two/three wheeler tires, commercial tires, farm tires and off the road tires. Its range of tires covers the entire spectrum of cars and sport utility vehicles (SUVs), including BMW, Mercedes, Audi and Nano.
Its commercial tires include truck/bus bias tires, truck/bus radial tires, light commercial vehicle (LCV) tires and small commercial vehicle (SCV) tires. Its farm tires include SONA H/F TRACTOR REAR, SONA 1 TRACTOR REAR, SONA TRACTOR REAR, SONA/SONA 5 TRACTOR TRAILER, SONA TRACTOR FRONT and SONA H/F TRACTOR FRONT. The Company's off the road tires include EG 04 DX, VEM AS, VEM 99, VEM SMOOTH, VEM 027, VEM 045, V-BHSS, V-BH Plus, V-BHTEL/V-BHTEL PLUS and VEM ROCK. The Company also offers services, which include heal the wheel, tire care center and fleet management.
One year - 100% plus from a low of 83 it is now trading around Rs.166 doubling in 1 year
6 months - 62% return jumping from 108 to 184
Monthly - 14% with a low of 161 and high of 184
Summary - It has resistance above 185 and closure beyond would put in bullish orbit.
Suggested buy range would be Rs.150 to 165
Sound financial management, good fundamentals, and great revenue visibility make it a compelling buy.
Smart Investor -
No.24 Pattamal Plaza
3rd Cross Kammanahalli
Mail - firstname.lastname@example.org