JK Tyre share price target 2024, 2025, 2026, 2028, 2030

JK Tyre is a manufacturer of tyre products for various vehicles. It has a strong position in the market among the top 25 manufacturers in the world. If you want to know the future price of JK Tyres, then this forecast will be beneficial because we will share the target price for the years 2024 to 2035.

Before we go to proceed with the target price, we need to provide some basic information about the company.

JK Tyre is present in 105 countries with more than 180 global distributors, has 12 global manufacturing facilities, and collectively produces 35 million Tyres annually.

The company caters to diverse business segments in the automobile industry. If we look at its current performance, it is showing an uptrend, and its share price reached to Rs.441.80, which is up 181% in the 6 months.

Over three years, the company maintained a healthy payout of 17.3% and a return on equity (RoE) of 10%. Market experts say that there will be a bullish trend in the next 12 months, and by 2025, the share price will reach Rs 350 to Rs 425.

JK Tyre share price target

The target price of JK Tyre is based on our research and technical analysis, which is the estimated value, and a brief overview of the target price is given below.

Target YearLowHigh
2024₹505₹565
2025₹650₹720
2026₹740₹875
2028₹920₹1015
2030₹1195₹1380
2035₹1985₹2150

Read also – NHPC target price

Target Year 2024

Based on our research, the expected target price by the end of 2024 could be Rs 445 to Rs 535.

2024Target
January₹505
February₹522
March₹502
April₹485
May₹493
June₹515
July₹528
August₹518
September₹535
October₹495
November₹505
December₹512

Target Year 2025

According to our forecast system, the expected target price for JK Tyre shares by the end of 2025 could be Rs 610 to Rs 705.

2025Target Price
January₹631
February₹632
March₹642
April₹632
May₹663
June₹675
July₹688
August₹678
September₹685
October₹645
November₹705
December₹682

Target Year 2026

The company has strong fundamentals which can have a positive impact on the share price. In such a situation, it is expected the share price may reach Rs 720 to Rs 875.

2026Target Price
January₹731
February₹734
March₹745
April₹752
May₹763
June₹775
July₹788
August₹875
September₹845
October₹855
November₹805
December₹812

Target Year 2028

The company has shown good financial results over the years, and it may continue in the coming years. Our expected target price for JK Tyre shares is Rs 920 to Rs 1015 by 2028.

2028Target Price
January₹931
February₹920
March₹940
April₹952
May₹963
June₹975
July₹988
August₹1015
September₹998
October₹965
November₹1005
December₹1012

Target Year 2030

If we look at its past, the company has given returns of up to 352 per cent in 5 years, and this is a positive sign for JK Tyres. The share prices should reach Rs 1195 to Rs 1380 by the end of 2030.

2030Target Price
January₹1201
February₹1232
March₹1196
April₹1252
May₹1263
June₹1275
July₹1288
August₹1318
September₹1345
October₹1380
November₹1355
December₹1372

Target Year 2035

2035Target Price
January₹1985
February₹2005
March₹2025
April₹2085
May₹1998
June₹2050
July₹2096
August₹2074
September₹2085
October₹2150
November₹2105
December₹2112

Fundamentals

As per the financial report released by the company, the revenue in March 2024 is Rs 3,630 crore, which is 9.68% higher and the net income is Rs 108.68 crore, which is 169.6% higher.

ROE15.14%
EPS27.80
Dividend Yield0.43%
PE Ratio15.80%
Debt to Equity1.18
Face Value2

See also

Growth results

YearSales GrowthProfit GrowthRoE
Last year22%48%9%
3 years19%2%9%
5 years12%68%10%
10 years8%4%13%
FAQs
What is the target price for JK Tyre shares in 2025?

The target price for JK Tyres is Rs 610 to Rs 705 by 2025.

What is the target price for JK Tyre shares in 2028?

The expected target price for JK Tyre shares is Rs 920 to Rs 1015 by 2028.

What will be the share price target of JK Tyre in 2030?

The share price target for JK Tyre will be Rs 1195 to Rs 1380 by the end of 2030.

Is JK Tyre a Good Stock?

JK Tyre has good financial results, profitability, and operational efficiency and can be a good long-term option.

Important Links:

Conclusion

Overall, the company’s fundamentals are strong, and its financial results have been good in the past. The company has expanded its business to other countries also, which may have a long-term impact on the share price.

Disclaimer: We are not SEBI-registered financial advisors and no part of the website content should be considered financial advice. Before investing in any company you should research and consult your financial advisor.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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