JK Tyre & Industries Ltd
JKTYRE

119.50

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

119.45

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Buy
Reco. Price
Rs 115.85

Last updated on 02-Dec-2016

We recommend a BUY 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 5.5x. (Target – Rs 135)
Detailed View
50 DMA (.)
137.10
100 DMA (.)
126.02
200 DMA (.)
105.18
Weekly Range (.)
115.10
123.45
Monthly Range (.)
109.80
149.00
52 Weeks Range (.)
73.80
161.40
Detailed Chart