Tyres Stocks

The tyre industry is a crucial component of the automotive sector, and investing in tyre stocks can be a smart way to gain exposure to a growing market.

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List of Best Tyres Stocks

Name	Price	Analyst Rating	M Cap	Target Price	Alpha	1Y Return	3Y Return	5Y Return	PE	Industry PE	PB	Beta	Div Yld	Net Profit Qtr	Net Profit QoQ %	Net Profit YoY %	Net Profit 3Y Change %	Rev Qtr (in Cr)	Rev QoQ (in %)	Rev 1Y change %	Rev 3Y change %	Profit Mar Qtr	Profit Mar QoQ	Profit Mar 1Y Change%	Profit Mar 3Y Change%	Sector	M Cap	ROE	ROCE	EPS	Volume
Balkrishna Industries Ltd	₹3,136.45	HOLD	MID CAP	2841	9.3%	33.74%	35.92%	342.35%	41.71	34.79	5.06	0.89	0.69%	486.75 Cr	59.37%	39.16%	24.96%	2681.92	17.92%	-4%	62%	15.71%	35.15%	44.96%	-22.86%	Consumer Cyclical	61373.37	15.52%	15.6%	76.12	93541
Apollo Tyres Ltd	₹539.25	BUY	MID CAP	543.58	0.62%	25.05%	133.34%	215.16%	19.12	34.79	2.84	1.03	1.29%	354.08 Cr	-28.7%	64.64%	391.67%	6258.2	-5.11%	3.3%	45.87%	6.78%	-24.86%	59.39%	237.05%	Consumer Cyclical	32936.34	11.52%	15.54%	27.11	2424413
JK Tyre & Industries Ltd	₹442.95	BUY	SMALL CAP	532.33	52.46%	76.89%	203.46%	484.62%	14.36	34.79	3.07	1.07	1.04%	174.9 Cr	-22.95%	206.52%	143.37%	3698.45	0.29%	2.44%	64.81%	5.41%	-23.17%	199.23%	47.66%	Consumer Cyclical	11195.47	17.41%	16.99%	31.13	901352
TVS Srichakra Ltd	₹4,280.65	SELL	SMALL CAP	2500	8.53%	32.97%	92.26%	147.1%	29.72	34.79	1.88	0.75	1.26%	23.72 Cr	-1.29%	79.64%	-5.41%	765.3	6.46%	17.91%	51.7%	2.44%	-7.28%	52.35%	-37.65%	Consumer Cyclical	3209.04	6.92%	7.93%	101.59	3965
Goodyear India Ltd	₹1,176.80		SMALL CAP		-38.73%	-17.63%	-7.22%	39.17%		34.79	4.39	0.34	NA													Consumer Cyclical	2938.43	16.05%	21%		5634
Birla Tyres Ltd	₹5.30		SMALL CAP			20.45%	-81.57%	-62.81%		51.67	-0.24		NA													Consumer Cyclical	75.57	NA	NA		133882

What are Tyres Stocks?

Tyre stocks are shares of publicly traded companies that manufacture and distribute tires for various vehicles, including cars, trucks, motorcycles, and bicycles.

Frequently Asked Questions

There are several potential benefits to investing in tyre stocks:

Diversification: Tyre stocks can add diversification to your portfolio by providing exposure to a different sector of the economy. The tyre industry is not always perfectly correlated with the overall stock market, so it can help to reduce overall portfolio risk.
Long-term growth potential: The demand for tires is expected to grow steadily in the coming years, driven by factors such as increasing vehicle sales, particularly in developing economies, and rising replacement demand as the global car parc ages.
Dividend income: Some tyre companies have a history of paying regular dividends to shareholders. This can provide a steady stream of income in addition to any potential capital appreciation.
Growth through innovation: The tyre industry is constantly evolving, with new technologies being developed to improve tire performance, fuel efficiency, and safety. Companies at the forefront of innovation can potentially experience significant growth.
Premiumization: As consumers become more willing to pay for higher-quality tires, companies that excel in premiumisation can benefit from increased profit margins.

The List of Tyres Stocks is a valuable tool for research, but it shouldn't be the sole basis for your investment decisions. Conduct further research and consider your financial goals and risk tolerance before making any trades.

Yes, there are many factors to consider when evaluating a tire company's stock. These include the company's financial performance, brand reputation, market share, future growth prospects, and overall industry trends.