Tyre & Industries Ltd Target Rs.145/-


SCRIP : JK Tyre & Industries Ltd Target Rs.145/-

Rated : Very Strong BUY 01st April 2008

BSE Code : 530007


Some Company Informations:

JK Tyre & Industries Ltd. has emerged as the largest 4-wheeler tyre manufacturer and the

largest truck and bus tyre producer in India. It's also the sole manufacturer of radials for the

entire 4-wheeler range and the first and only All Steel Truck/B us Radial Tyre manufacturer in the

country. Across India, JK Tyre is distributed through over 100 company owned offices/stocking

points, which service 4,000 dealers.

JK Tyre is the world's 18th largest tyre manufacturer. With a wide product range, world-class

technology and ever-increasing business alliances, JK Tyre is expanding its global presence.

JK Tyre is the largest exporter of tyres from India, exporting to 60 countries across 6 continents.

JK Tyre enjoys premium brand status in highly competiti ve markets, including USA.JK Tyre is

the first tyre company in the world to receive ISO/TS 16949:2000 Certificate for its entire range

of products (Bias & Radials) and for all its plants in one go. All the units of the Company operate

at high efficiency le vels, some of which are benchmarks in the industry.

JK Tyre & Industries registered a 2.66 times rise in net profit to Rs 217.40 million for the quarter

ended December 2007, compared with Rs 81.70 million for the same quarter, a year ago

Our Valuation : NSEMUMBAIBULL Equity Research Team Strongly recommending to

BUY "JK Tyre & Industries Ltd" @ current market price - target with in 3 weeks is above

Rs.145 /-.

This is 64th stock recommendation from NSEMUMBAIBULL Equity Research team.

All recommended call status available on our website.

"Equity is the best investment for long term".

Happy Trading & Investing,


·       Investment Idea - Prime Focus Ltd. plans beachhead...
·       Top midcaps: Adlabs, Parsvnath, Kotak Bank, Geojit...
·       Multi Bagger: Rain Commodities
·       Don't drive away blue-chip stocks
·       Buy Tata Steel, target Rs 1085: Emkay Research
·       The man who can’t stop praising Rakesh Jhunjhunwal...
·       What should retail investors do..
·       Nagarjuna to unlock value - Long term
·       Leading stocks down over 45% from Jan level
·       US recession not as bad as 70s:Warren Buffett
·       Binani Inds - hugely undervalued
·       Stocks that saw least correction
·       Stocks for long-term investments in 2008
·       Damani's advice to investors
·       Stocks to pick - Tata steel, TCS, Petronet LNG
·       List of the BSE-100 stocks losing most from their ...
·       Lessons from January 2008
·       Zen Technologies:-The scrip to watch out for in th...
·       Find value picks from the day's biggest losers
·       Market update - big fall of 1400 points sector wis...
·       Black Monday again-Biggest ever point fall for mkt...
·       BSE smallcap index: Top gainers and losers
·       Stocks that hit their 52-week lows in todays fall
·       Sensex to see 25K by 2008-end
·       Major IT stocks touched their 52-week lows
·       Not all small stocks caught in turbulence
·       Parsvnath Dev eyes 120-140% bottomline growth - Pr...
·       For IT, numbers say it all
·       Stocks to pick: Reliance capital,Axis Bank, Moser ...
·       Rakesh Jhunjhunwala's latest Portfolio
·       Tata Nano may expand market by 65%
·       Nano will drive Tata Motors to top position
·       RIL ready with $8bn for coal-based fuel project
·       Rosy Future - Stock Focus - Karuturi networks