Innovative Tyres & Tubes Ltd.

Innovative Tyres & Tubes Ltd. share price is ₹4.95 as of December 8, 2023, 03:29 PM. Share/stock prices are volatile and change over the course of a trading day, and may differ basis on exchange (NSE/BSE).

The 52-week high and low of Innovative Tyres & Tubes Ltd. is ₹8.70 and ₹2.70 respectively as of December 8, 2023, 03:29 PM. 52-week high and low represent the maximum and minimum value of the share price respectively, over the last 52 weeks (similar to 1 year).

The trailing twelve month (TTM) PB ratio of Innovative Tyres & Tubes Ltd. is 6.20 as of December 11, 2023. The PB ratio measures the market capitalization of the company relative to it’s book value (carrying value on the balance sheet) as of last reported period.

The Upper Circuit of Innovative Tyres & Tubes Ltd. is ₹5.4. The Lower Circuit of Innovative Tyres & Tubes Ltd. is ₹4.45.

Innovative Tyres & Tubes Ltd. reported an ROE of -4,120.82% for the last reported financial year on a consolidated account basis. Return on Equity (ROE) reflects how efficiently the company is able to generate profit as a percent of their equity financing.

Shareholding pattern gives insights on the concentration of holdings towards various groups of investors. As of last reported quarter for Innovative Tyres & Tubes Ltd., Promoter held 14%, and the public held 86% of the total shares.

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The fair value of Innovative Tyres & Tubes Ltd. is an estimated price at which buyers and sellers would freely trade their shares. The various ways to determine the fair value of an asset include looking at recent market transactions for similar assets, estimating its expected earnings or the cost of replacing it.