JK Tyre & Industries Ltd
JKTYRE

118.25

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

118.05

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Turnover (lac)
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Accumulate
Reco. Price
Rs 118.80
We recommend an ACCUMULATE on the stock on account of volume uptick, capacity expansion and inorganic growth. Additionally, higher demand for radial and entry into 2/3 wheeler growth segment is expected to boost the top line. JKTIL is currently trading at FY17E P/E of 6x. (Target – Rs 127.1)
Detailed View
50 DMA (.)
119.44
100 DMA (.)
127.85
200 DMA (.)
114.88
Weekly Range (.)
111.55
121.50
Monthly Range (.)
111.55
130.60
52 Weeks Range (.)
73.80
161.40
Detailed Chart