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JK Tyre & Industries Ltd
NSE:JKTYRE

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JK Tyre & Industries Ltd
NSE:JKTYRE
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Price: 408.4 INR 1.99% Market Closed
Market Cap: ₹117.7B

JKTYRE's latest stock split occurred on Dec 18, 2014

The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.

Before the split, JKTYRE traded at 592.3 per share. Afterward, the share price was about 123.2.

The adjusted shares began trading on Dec 18, 2014. This was the only stock split in JKTYRE's history.

Last Splits:
Dec 18, 2014
5-for-1
Pre-Split Price
104.73 592.3
Post-Split Price
123.2
Before
After
Last Splits:
Dec 18, 2014
5-for-1

JK Tyre & Industries Ltd
Stock Splits History

JKTYRE Stock Splits Timeline
Dec 18, 2014
Dec 18, 2014
Split 5-for-1
x5
Pre-Split Price
104.73 592.3
Post-Split Price
123.2
Before
After

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JK Tyre & Industries Ltd
Glance View

Market Cap
117.7B INR
Industry
Auto Components

In the bustling corridors of India's industrial landscape, JK Tyre & Industries Ltd. stands as a formidable name in the realm of tire manufacturing, embodying a legacy of innovation and resilience since 1951. Originally rooted in its domestic market, the company has evolved into one of the nation's largest tire manufacturers and exporters, boasting a comprehensive portfolio that caters to a myriad of vehicular needs—from two-wheelers to heavy commercial trucks. At the heart of JK Tyre's operations lies its robust manufacturing network that spans multiple state-of-the-art facilities equipped with advanced technology for productivity optimization and quality assurance. These factories are the crucibles where raw materials transform into high-performance tires, merging meticulous engineering with technological prowess to meet the rigorous demands of modern transportation. Earning its revenues primarily through the production and sale of tires, JK Tyre harnesses a dual strategy focusing on domestic sales and international exports. Domestically, it leverages a widespread distribution network that ensures its products reach every corner of India, from metropolitan dealerships to rural markets. This ensures a steady flow of income, backed by a brand that's trusted for reliability and endurance. On the international front, JK Tyre deftly navigates the complexities of global markets, exporting to over 100 countries, which diversifies its revenue streams and mitigates local economic fluctuations. Moreover, the company has ventured into the niche arena of smart tires, embedding digital capabilities that provide real-time data on tire health, thereby tapping into the potential of IoT in automotive applications. By balancing tradition with technological advancement, JK Tyre continues to steer its course as a dynamic entity in the tire industry, committed to sustainable growth and innovation.

JKTYRE Intrinsic Value
500.43 INR
Undervaluation 18%
Intrinsic Value
Price ₹408.4
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