Related
Yes Securities has buy call on JK Tyre & Industries with a target price of Rs 171. The current market price of JK Tyre & Industries Ltd. is Rs 155.3.
Time period given by analyst is Intra Day when JK Tyre & Industries Ltd. price can reach defined target.
JK Tyre & Industries Ltd., incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 3825.20 Crore) operating in Tyres sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2618.42 Crore, down -11.08 % from last quarter Total Income of Rs 2944.64 Crore and up 130.06 % from last year same quarter Total Income of Rs 1138.14 Crore. Company reported net profit after tax of Rs 43.95 Crore in latest quarter.
Investment Rationale
Forming multiple lows near Rs 140, the stock regained momentum on the upside. A sizable bullish candle with comparatively higher volumes could mean resumption of the uptrend.
Time period given by analyst is Intra Day when JK Tyre & Industries Ltd. price can reach defined target.
JK Tyre & Industries Ltd., incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 3825.20 Crore) operating in Tyres sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2618.42 Crore, down -11.08 % from last quarter Total Income of Rs 2944.64 Crore and up 130.06 % from last year same quarter Total Income of Rs 1138.14 Crore. Company reported net profit after tax of Rs 43.95 Crore in latest quarter.
Investment Rationale
Forming multiple lows near Rs 140, the stock regained momentum on the upside. A sizable bullish candle with comparatively higher volumes could mean resumption of the uptrend.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Pick the best stocks for yourself
Powered by
Get Unlimited Access to The Economic Times
