INNOVATIVE

Innovative Tyres & Tubes Share PriceInnovative Tyres & Tubes

₹5.45
-0.25 (-4.39%)
As on 05 December, 2023 | 07:19 BSE: NSE: INNOVATIVEISIN: INE070Y01015

Innovative Tyres & Tubes Performance

Day Range

  • Low 5.45
  • High 5.85
₹ 5.45

52 Week Range

  • Low 2.00
  • High 8.70
₹ 5.45
  • Open Price5.85
  • Previous Close5.70
  • Volume87000

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Innovative Tyres & Tubes Share Price

  • Over 1 Month 6.86%
  • Over 3 Month 17.2%
  • Over 6 Month 127.08%
  • Over 1 Year 136.96%

Innovative Tyres & Tubes Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 10
Price to Book Ratio 6.9
EPS -29.4
Dividend 0
Relative Strength Index 52.86
Money Flow Index 57.4
MACD Signal -0.06
Average True Range 0.33

Innovative Tyres & Tubes Investment Rating

  • Master Rating:
  • Innovative Tyres & Tubes has an operating revenue of Rs. 511.39 Cr. on a trailing 12-month basis. An annual revenue de-growth of -62% needs improvement, Pre-tax margin of -115% needs improvement, ROE of -4120% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. From an O'Neil Methodology perspective, the stock has an EPS Rank of 6 which is a POOR score indicating inconsistency in earnings, a RS Rating of 87 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 99 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail. Please note that this is a thinly traded stock.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Innovative Tyres & Tubes Financials
IndicatorMar 2022
Total Revenue Annual Cr 54
Operating Expenses Annual Cr 102
Operating Profit Annual in Cr -50
Depreciation Cr 8
Interest Annual Cr 3
Tax Annual Cr 0
Net Profit Annual Cr -59
IndicatorMar 2022
Cash from Operating Activity Annual Cr -3
Cash from Investing Activity Annual Cr 2
Cash from Financing Annual Activity Cr -2
Net Cash Flow Annual Cr -4
IndicatorMar 2022
Total ShareHolders Funds Annual Cr 9
Fixed Assets Annual Cr 90
Total Non Current Assets Annual Cr 92
Total Current Assets Annual Cr 6
Total Assets Annual Cr 98
IndicatorMar 2022
Book Value Per Share Annual Rs 5
ROE Annual % -4,121
ROCE Annual % -326
Total Debt to Total Equity Annual -
EBDIT Annual Margin % -94
IndicatorMar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual -
EBDIT Annual Margin %

Innovative Tyres & Tubes Technicals

EMA & SMA

Current Price
₹5.45
-0.25 (-4.39%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹5.29
  • 50 Day
  • ₹5.25
  • 100 Day
  • ₹4.77
  • 200 Day
  • ₹4.21
  • 20 Day
  • ₹5.14
  • 50 Day
  • ₹5.72
  • 100 Day
  • ₹4.67
  • 200 Day
  • ₹3.55

Innovative Tyres & Tubes Resistance and Support

PIVOT
₹5.59
Resistance
First Resistance 5.72
Second Resistance 5.98
Third Resistance 6.12
RSI 52.86
MFI 57.40
MACD Single Line -0.06
MACD 0.03
Support
First Resistance 5.32
Second Resistance 5.18
Third Resistance 4.92

Innovative Tyres & Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 87,000 8,399,850 96.55
Week 61,200 5,580,216 91.18
1 Month 75,600 6,584,760 87.1
6 Month 65,613 5,646,646 86.06

Innovative Tyres & Tubes Result Highlights

Innovative Tyres & Tubes Synopsis

NSE-Auto/Truck-Tires & Misc

Innovative Tyres & T is involved in the business activities of Manufacture of rubber and plastics products. Company’s Total Operating Revenue is Rs. 51.57 Cr. and Equity Capital is Rs. 17.99 Cr. for the Year ended 31/03/2022. Innovative Tyres & Tubes Ltd. is a Public Limited Listed company incorporated on 28/11/1995 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L25112GJ1995PLC086579 and registration number is 086579.
Market Cap 10
Sales 52
Shares in Float 1.55
No of funds
Yield
Book Value 6.9
U/D Vol ratio 0.3
LTDebt / Equity 10
Alpha 0.5
Beta -0.24

Innovative Tyres & Tubes

Owner NameSep-23Mar-23
Promoters 14%14%
Individual Investors 68.75%68.99%
Others 17.25%17.01%

Innovative Tyres & Tubes Management

Name Designation
Mr. Mukesh Desai Non Executive Chairman
Mr. Keyoor Bakshi Independent Director
Dr.(Mrs.) Kalpana Joshipura Independent Director

Innovative Tyres & Tubes Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Innovative Tyres & Tubes Corporate Action

Date Purpose Remarks
2022-11-14 Quarterly Results
2021-11-14 Quarterly Results
2021-06-29 Audited Results
2020-06-30 Audited Results
2019-11-13 Quarterly Results

Innovative Tyres & Tubes FAQs

What is Share Price of Innovative Tyres & Tubes ?

Innovative Tyres & Tubes share price is ₹5 As on 05 December, 2023 | 07:05

What is the Market Cap of Innovative Tyres & Tubes ?

The Market Cap of Innovative Tyres & Tubes is ₹9.8 Cr As on 05 December, 2023 | 07:05

What is the P/E ratio of Innovative Tyres & Tubes ?

The P/E ratio of Innovative Tyres & Tubes is As on 05 December, 2023 | 07:05

What is the PB ratio of Innovative Tyres & Tubes ?

The PB ratio of Innovative Tyres & Tubes is 6.9 As on 05 December, 2023 | 07:05

Q2FY23