Monday, August 15, 2022

JK Tyre & Industries Ltd : A Future Multibagger Stock with 12 Subsidiaries : Mahesh Kaushik Research Report Aug 2022

 1. JK Tyre & Industries Ltd is a small cap automobile tyres and tube company currently traded at 125.60

2. JK Tyre & Industries Ltd is a 2 rupee face value company.

3. JK Tyre & Industries Ltd official website address:- https://www.jktyre.com/ 

4. JK Tyre & Industries Ltd was incorporated as a private limited company in West Bengal on 14th February 1951. Until 31st March 1970, the company was engaged in the managing agency business. Thereafter, the company decided to undertake manufacturing activities and obtained a letter of intent in February 1972 for the manufacture of automobile tyres and tubes.

5. JK Tyre & Industries Ltd has 12 subsidiary companies and in the future when the value of these subsidiaries unlocks the stock has the potential to become a multibagger stock.

6. List of JK Tyre & Industries Ltd subsidiary companies:-

7. JK Tyre & Industries Ltd  is a part of the Nifty Auto index, JK Tyre & Industries Ltd traded at P/E ratio of 18.77 and Nifty Auto traded at P/E 47.82, So Company P/E is less than Sectoral P/E, this is a sign of cheap valuation.

8. Year high of JK Tyre & Industries Ltd  is 171.70 and the Year low is 95.45, Year high/low ratio is stable below  2.

9. Net sale per share of JK Tyre & Industries Ltd is 326.18 so in net sale per share term this stock is a value buy, if you are not read my research terms earlier then read these research terms here:- Research Terms of Mahesh Kaushik

10. Do not underestimate the power of net sale per share watch this 1-minute short video to understand how net sale per share recommendations give multi-bagger returns in the long run:-https://www.youtube.com/shorts/qWbJZNlzLCM

11. Book value of  JK Tyre & Industries Ltd is 102.59 and CMP is 125.60 so the stock traded near his book value.

12. Base price ( 3 Years average price) of JK Tyre & Industries Ltd is 97.66 So CMP 125.90 is 28.24 % above from base price, so as per my book "How to make profit in share market" (Old name The winning theory in stock market both books are same) we are a little bit late but high net sale per share 326.18 suggests we may still buy it.

13. To download 3-year price data, base price, and graph;- Click here

14. JK Tyre is a continuous dividend-paying company here is the history of the company's past dividends:-

SYMBOLCOMPANY NAMESERIESPURPOSEFACE VALUEEX-DATERECORD DATEBOOK CLOSURE START DATEBOOK CLOSURE END DATE
JKTYREJK Tyre & Industries LimitedEQDividend - Rs 1.50 Per Share218-Aug-2022-20-Aug-202226-Aug-2022
JKTYREJK Tyre & Industries LimitedEQDividend - Rs 2 Per Sh218-Aug-2021-21-Aug-202127-Aug-2021
JKTYREJK Tyre & Industries LimitedEQDividend - Rs 0 .70 Per Share214-Sep-2020-16-Sep-202022-Sep-2020
JKTYREJK Tyre & Industries LimitedEQDividend - Rs 1.50 Per Share206-Aug-2019-08-Aug-201914-Aug-2019
JKTYREJK Tyre & Industries LimitedEQDividend Rs - 1.50 Per Share213-Aug-2018-16-Aug-201822-Aug-2018
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting/Dividend - Rs 2.50 Per Share227-Jul-2017-29-Jul-201704-Aug-2017
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting And Dividend Rs.2.50 Per Share225-Aug-2016-27-Aug-201602-Sep-2016
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting/ Dividend - Rs 1.50/- Per Share214-Sep-2015-16-Sep-201522-Sep-2015
JKTYREJK Tyre & Industries LimitedEQFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share218-Dec-201419-Dec-2014--
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting/ Dividend - Rs 5/- Per Share / Annual Closure215-Sep-2014-17-Sep-201425-Sep-2014
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting And Dividend Rs.3.50 Per Share201-Aug-2013-05-Aug-201314-Aug-2013
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting/ Dividend Rs. 2.50 Per Share219-Jul-2012-23-Jul-201230-Jul-2012
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting And Dividend Rs.3/- Per Share222-Jul-2011-26-Jul-201129-Jul-2011
JKTYREJK Tyre & Industries LimitedEQAnnual General Meeting And Dividend Rs.3.50 Per Share205-Aug-2010-09-Aug-201014-Aug-2010
JKTYREJK Tyre & Industries LimitedEQAn Bk Clr/Div-Rs2.70 P Sh220-Aug-2009-24-Aug-200931-Aug-2009
JKTYREJK Tyre & Industries LimitedEQRights-Eq 1:3@Prem Rs 75207-Jul-200814-Jul-2008--
JKTYREJK Tyre & Industries LimitedEQAgm/Dividend - 27%224-Mar-2008-26-Mar-200826-Mar-2008
JKTYREJK Tyre & Industries LimitedEQAgm/Dividend-25%222-Mar-2007-26-Mar-200728-Mar-2007

15. See the latest financial results here:-https://www.bseindia.com/stock-share-price/jk-tyre--industries-ltd/jktyre/530007/financials-results/

16.  I recommended buying it with my STP method and the STP price for 1Aug 2022 to 15 Aug 2022 is 135.50, In the STP method buy our target is 25% plus.

17. Promoters of JK Tyre & Industries Ltd hold 56.26 % shares and no any share pledged by promoters.

17. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA


 (Watch this video for automated STP price google sheet:-(https://www.youtube.com/watch?v=dpow44oGVY4)

14. Link of my Earlier STP recommendations:- 

https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing

15. Link of my books:- https://amzn.to/3IRNRHo

16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

 17. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives not hold anyshares of JK Tyre & Industries Ltd  so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (JK Tyre & Industries Ltd ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(JK Tyre & Industries Ltd ) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( JK Tyre & Industries Ltd ). 6. I have been not engaged in the market-making activity for the subject company (JK Tyre & Industries Ltd ).

11 comments:

  1. Thank you for timely update due to some reason not able to punch gtt in NIACL. Can I start STP now in NIACL??

    ReplyDelete
  2. Thankyou guruji

    ReplyDelete
  3. Sir aap bataya elecon engineering 17/ share aaj 350 ka ho gaya hai, aap ne zindagi badal di hai, thank you sir g 🙏🙏

    ReplyDelete
  4. Thank you guru ji

    ReplyDelete
  5. Hello Guruji,

    Please clarify the below query as I am your new follower and first time start yours STP method:

    what to do when share price start increase after buy but not reached 25%. E.g. I bought RVNL on 1st august price 30.90 now stp high price is 31.95 between 1st to 15th aug 2022. Should I place a GTT order on 31.95 or not?

    ReplyDelete
  6. Thanks a lot of sir new share recommendation sir how use Google docs use base price and I am copy super breakout share for my watch list but some stock not open ie pocl enterprise

    ReplyDelete
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  8. Hlo dear ji I have read all books written by you all were gems. The way they were written r lucid and easy to capture. I do not know hindi and so not able to follow them. U r really genuine and humbly genius.

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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.