Tyre Stocks Below 500 – Top Tyre Stocks Below 500

The below table shows Top Tyre Stocks Below 500 based on the Highest Market Capitalization.

Content:

• What Are Tyre Stocks?
• Top Tyre Stocks Below 500
• Tyre Stocks List Below 500
• Best Tyre Stocks In India Below 500
• Tire Stocks Below 500 In India
• Who Should Invest In Tyre Stocks Below 500?
• How To Invest In The Tyre Stocks Below 500?
• Performance Metrics Of Tyre Stocks Below 500
• Benefits Of Investing In Tyre Stocks Below 500
• Challenges Of Investing In Tyre Stocks Below 500
• Introduction To Tyre Stocks Below 500
• Best Tyre Stocks In India Below 500 – FAQs

What Are Tyre Stocks?

Tyre stocks refer to shares of companies that manufacture tyres, an essential component for various vehicles. These stocks are part of the automotive industry and can be influenced by factors like raw material costs, automotive trends, and economic conditions.

Investing in tyre stocks means buying shares in firms that produce tyres for cars, motorcycles, trucks, and other vehicles. As these companies benefit from increased vehicle sales and replacement tyre demand, their stock performance often reflects broader automotive market trends.

The performance of tyre stocks can also be affected by changes in raw material prices, such as rubber, and economic cycles. Investors often watch these stocks for signs of growth in the automotive sector and global economic health.

Top Tyre Stocks Below 500

The table below shows Top Tyre Stocks Below 500 based on 1 Year Return.

Tyre Stocks List Below 500

The below table shows the Tyre Stocks List Below 500 based on 1 Month Return.

Best Tyre Stocks In India Below 500

The table below shows the Best Tyre Stocks In India Below 500 based on the highest day Volume.

Tire Stocks Below 500 In India

The table below shows Tire Stocks Below 500 In India based on the PE Ratio.

Who Should Invest In Tyre Stocks Below 500?

Investors seeking potential growth at a lower price point might consider tyre stocks below 500. These stocks could appeal to those interested in the automotive sector and willing to handle potential volatility linked to economic and industry-specific factors.

Such stocks are suitable for value investors looking to capitalise on stocks priced under 500, possibly due to temporary market undervaluations. This investment strategy requires diligent research to understand the fundamentals and market conditions affecting these companies.

Investors with a moderate risk tolerance may find these stocks attractive, as they offer exposure to the cyclical automotive industry. However, they should be prepared for fluctuations driven by global supply chain issues and economic shifts.

How To Invest In The Tyre Stocks Below 500?

To invest in tyre stocks below 500, begin by researching and identifying undervalued companies in the tyre manufacturing sector. Focus on their market performance, financial health, and growth potential. Use brokerage accounts to purchase shares directly or consider mutual funds that include these stocks.

Start by comparing tyre manufacturers that trade below 500 in stock price. Look at their earnings reports, debt levels, and industry rankings. This analysis helps pinpoint stocks that might be undervalued relative to their actual worth and future growth prospects.

After selecting promising stocks, monitor them closely for signs of both industry and broader economic changes. Investing in such stocks requires an understanding of market cycles and the factors influencing tyre demand, like auto sales and raw material costs.

Performance Metrics Of Tyre Stocks Below 500

Performance metrics of tyre stocks below 500 typically include revenue growth, profit margins, and market share. Analyzing these indicators helps gauge a company’s financial health and its position in the competitive tyre industry, important for assessing potential investment returns.

Revenue growth tracks how quickly a company is expanding its sales, an essential indicator of market acceptance and business scalability. Profit margins reveal the efficiency of management in converting sales into actual profits, crucial for sustaining operations and funding future expansions.

Market share analysis provides insight into a company’s competitive stance within the industry. A growing market share indicates effective strategies and customer preference, which are vital for long-term stability and growth in the competitive tyre market.

Benefits Of Investing In Tyre Stocks Below 500

The main benefits of investing in tyre stocks below 500 include affordability, the potential for high returns, and diversification within the automotive sector. These stocks offer exposure to industry growth trends, making them attractive for investors looking to capitalize on automotive advancements and economic cycles.

• Affordable Entry Point: Tyre stocks priced below 500 provide an affordable entry for investors, making it easier to buy a larger number of shares with less capital. This affordability allows individual investors to diversify their portfolios without a significant financial burden.
• High Growth Potential: These stocks often represent companies that have room to grow. As they are priced lower, any positive industry shift or company-specific advancement can lead to significant percentage gains, offering the potential for substantial returns on investment.
• Sector Diversification: Investing in tyre stocks allows investors to tap into the automotive sector, diversifying their investment portfolios beyond the typical tech or consumer goods sectors. This can protect against volatility in other areas of the market, spreading risk more evenly.
• Economic Sensitivity: Tyre stocks often react to economic changes, providing investors with opportunities to benefit from economic recoveries. When the economy improves, automotive sales generally increase, boosting demand for tyres and positively impacting these stocks.

Challenges Of Investing In Tyre Stocks Below 500

The main challenges of investing in tyre stocks below 500 include market volatility, sensitivity to economic downturns, and intense competition. These factors can lead to unpredictable stock performance, making it crucial for investors to conduct thorough research and maintain awareness of industry trends.

• Volatility Ventures: Tyre stocks below 500 can be highly volatile, subject to rapid price changes influenced by market sentiment and industry developments. This volatility requires investors to be vigilant and reactive, potentially leading to a higher risk of loss if not managed properly.
• Economic Exposure: These stocks are particularly sensitive to economic cycles. During downturns, consumer spending on vehicles and tyres typically declines, directly impacting the revenues and profitability of tyre manufacturers, and thus their stock prices.
• Competitive Pressure: Tyre companies face stiff competition both from within their country and internationally. This competition can squeeze profit margins and force continuous investment in technology and marketing, which can be challenging for companies struggling to maintain financial stability.
• Regulatory Risks: The tyre industry is subject to environmental and safety regulations, which can change and impose new costs. Compliance with these regulations can be costly, especially for smaller or less financially robust companies, potentially affecting their profitability and stock value.

Introduction To Tyre Stocks Below 500

Apollo Tyres Ltd

The market cap of Apollo Tyres Ltd is Rs. 30329.25 crores. Its monthly return is 46.78%, and its one-year return is -0.44%. The stock is currently 16.83% away from its 52-week high.

Apollo Tyres Limited is a company specializing in the production and distribution of automotive tyres, operating within segments such as automobile tyres, tubes, and flaps. Geographically, it serves the Asia Pacific, Middle East, and Africa (APMEA), Europe, and other regions. The company caters to various consumer segments with its brands, Apollo and Vredestein, offering a diverse range of products. Apollo brand tyres cover commercial, passenger vehicles, two-wheelers, farm, and industrial categories, while Vredestein brand products include car tyres, and agricultural, industrial, and bicycle tyres. Their product portfolio encompasses a wide range of tyres for passenger cars, SUVs, trucks, buses, two-wheelers, agriculture, industrial, speciality, bicycles, and off-road vehicles, along with retreading materials. Operating primarily in India, the company runs five tyre manufacturing plants located in Cochin, Vadodara, Chennai, and Andhra Pradesh.

Apollo Tyres Limited specializes in manufacturing and selling automotive tyres, focusing on different categories such as automobile tyres, tubes, and flaps. It operates across regions like Asia Pacific, Middle East, and Africa (APMEA), Europe, and others, offering branded products under Apollo and Vredestein. These brands cater to diverse consumer segments, providing tyres for commercial, passenger vehicles, two-wheelers, farm, industrial, and other applications. With a comprehensive product portfolio covering various types of vehicles and applications, including passenger cars, SUVs, trucks, buses, two-wheelers, agriculture, industrial, speciality, bicycles, and off-road vehicles, the company serves both domestic and international markets. In India, it manages five tyre manufacturing plants, contributing to its extensive operations and market presence in the automotive tyre industry.

JK Tyre & Industries Ltd

The market cap of JK Tyre & Industries Ltd is Rs. 10677.94 crore. Its monthly return is 150.95%, and its one-year return is -8.25%. The stock is currently 35.26% away from its 52-week high.

JK Tyre & Industries Limited, an Indian tire manufacturer, operates in the development, production, marketing, and distribution of automotive tires, tubes, flaps, and retreads. Its business segments include India, Mexico, and Others. The company targets both original equipment fitment and replacement markets worldwide, catering to various vehicle segments such as passenger vehicles, commercial vehicles, farming, off-the-road, and two and three-wheelers. It offers innovative solutions like puncture guard products and Smart Tyre technology, including Tyre Pressure Monitoring Systems with TREEL sensors for monitoring vital statistics like pressure and temperature. Additionally, it boasts a vast network of over 6,000 dealers and 650 brand shops known as Steel Wheels, Truck Wheels, and Xpress Wheels. The company operates 12 manufacturing facilities, with nine in India and three in Mexico.

JK Tyre & Industries Limited specializes in providing comprehensive tire solutions across various vehicle segments, emphasizing innovation and technological advancements to meet the diverse needs of its customers. Its extensive network of dealers and brand shops ensures the widespread availability and accessibility of its products, further enhancing its market reach and customer satisfaction.

Kesoram Industries Ltd

The market cap of Kesoram Industries Ltd is Rs. 5234.68 crore. Its monthly return is 181.54%, and its one-year return is 4.47%. The stock is currently 8.78% away from its 52-week high.

Kesoram Industries Limited, an Indian company, specializes in the production of clinker and cement. Its operations are divided into two main segments: Cement and Rayon, T.P. (transparent paper), and Chemicals. Under the Cement segment, the company markets its cement products under the Birla Shakti Cement brand. In contrast, the Rayon, T.P., and Chemicals segment focuses on selling rayon, transparent paper, and filament yarn under the Kesoram Rayon brand. The company operates two cement manufacturing plants, one in Karnataka and the other in Telangana. Its transparent paper is primarily used for wrapping food items and other essentials, while its viscose filament yarn (VFY), derived from wood pulp, is sold in various forms such as cones, hanks, and cakes. Additionally, Kesoram Industries offers VFY in different finishes including bright, dull/semi-dull/opaque, snow white, and coloured or dyed. The company’s subsidiary is Cygnet Industries Limited.

Kesoram Industries Limited is deeply involved in the production and distribution of clinker, cement, rayon, transparent paper, and filament yarn. With its diversified product range and strategic plant locations, the company caters to various market needs and ensures a steady supply of essential materials for both domestic and industrial purposes. Through its subsidiary, Cygnet Industries Limited, Kesoram Industries extends its reach and strengthens its presence in the market, further enhancing its position as a leading player in the Indian manufacturing sector.

Modi Rubber Ltd

The market capitalization of Modi Rubber Ltd stands at Rs. 267.18 crore. Its monthly return is 70.72%, and its one-year return is 41.44%. Presently, the stock is 12.51% below its 52-week high.

Modi Rubber Limited, an Indian company, specializes in the manufacturing of automobile tyres, tubes, and flaps, along with the production and distribution of resin-coated sand. Additionally, the company operates salons. Its business operations are segmented into real estate services, travel services, and other related activities. These encompass the provision of rooms, food, beverages, and other services associated with guest house operations. The company’s manufacturing plants are situated in Modipuram, Meerut, and Modinagar. It also owns wholly owned subsidiaries such as Spin Investment India Limited, Superior Investment (India) Limited, and Uniglobe Mod Travels Private Limited.

With a diversified portfolio spanning automotive products, resin-coated sand, and salon services, Modi Rubber Limited caters to various sectors of the market. Its presence in real estate and travel services adds another dimension to its business profile, contributing to its overall resilience and market presence. The strategic location of its manufacturing facilities and the ownership of subsidiary companies further enhance its competitive position in the industry.

ELGI Rubber Co Ltd

The market cap of ELGI Rubber Co Ltd is Rs. 249.5 crore. Its monthly return stands at 38.66%, while its one-year return is -1.29%. Currently, the stock is 40.22% below its 52-week high.

ELGI Rubber Co Ltd specializes in providing comprehensive solutions to the rubber industry, offering a diverse range of products and services. Beyond manufacturing reclaimed rubber and retreading machinery, the company supplies various brands such as Jet, CRS, Armonas, Pincott, Carbrasive, Midwest Rubber, Rubber Resources, and Rubber Compounding Holland. Under the Jet brand, it offers tyre and tube repairs, as well as retreading and repair equipment. The CRS brand encompasses Cincinnati Retread Systems, while Armonas focuses on retread auxiliary machines, exhaust, and rubber dust handling equipment. Pincott provides rasps, blades, hubs, and spacers, while Carbrasive offers brazed carbide tools. Additionally, Midwest Rubber offers gums, adhesives, and sealants, while Rubber Resources specializes in inner liner, tread, sidewall, and carcass compounds. Lastly, Rubber Compounding Holland is known for producing coloured and black rubber compounds in both masterbatch and final batch formulations.

ELGI Rubber Co Ltd’s diverse product portfolio and specialized brands cater to various needs within the rubber industry. By offering a wide array of solutions, from reclaimed rubber to retreading machinery and related equipment, the company aims to meet the diverse demands of its customers while maintaining a strong presence in the market.

Tirupati Tyres Ltd

The market cap of Tirupati Tyres Ltd is Rs. 171.98 crore. Its monthly return stands at 73.19%, while its one-year return is -4.15%. Presently, the stock is 33.66% below its 52-week high.

Tirupati Tyres Limited, an Indian tyre manufacturer, offers a comprehensive selection of products tailored to various sectors within the automotive industry. Specializing in trading tyres and related products, the company maintains a robust network of dealerships. This network ensures that customers receive comprehensive solutions and support, underscoring the company’s commitment to delivering quality products and services.

Based in India, Tirupati Tyres Limited focuses on providing a wide range of tyre options and allied products to meet the diverse needs of its clientele. With an emphasis on customer satisfaction, the company’s extensive dealer network ensures accessibility and support for customers, reinforcing its position as a reliable provider in the automotive industry.

Gayatri Rubbers and Chemicals Ltd

The market cap of Gayatri Rubbers and Chemicals Ltd is Rs. 151.19 crore. Its monthly return stands at 546.99%, while its one-year return is 14.35%. Currently, the stock is 9.96% below its 52-week high.

Gayatri Rubbers and Chemicals Ltd, an India-based company, specializes in manufacturing and trading various rubber products and clear polyvinyl chloride (PVC) profiles. Its product range includes rubber profiles, aluminium rubber profiles, automobile rubber profiles, rubber compounds, and different types of rubber components. Additionally, the company supplies rubber compounds to other rubber product manufacturers and original equipment manufacturers (OEMs). It caters to a diverse range of industries, offering automobile and aluminium beading solutions for critical applications such as container seals, solar rubbers, metro rubber, e-rickshaw front shield rubber, three-wheelers, and railway bogies. Notable brands under its portfolio include Goyal Rubbers, Elements India, and Gayatri Rubbers and Chemicals Limited.

The company’s comprehensive product offerings and diversified applications cater to a wide range of industrial needs. By providing high-quality rubber profiles and components, as well as clear PVC profiles, Gayatri Rubbers and Chemicals Ltd serves various sectors, including automotive, construction, and transportation. Its commitment to delivering innovative solutions for critical applications underscores its reputation as a trusted provider in the industry.

Viaz Tyres Ltd

The market cap of Viaz Tyres Ltd is Rs. 64.56 crore. Its monthly return stands at -6.07%, while its one-year return is 13.85%. Presently, the stock is 38.59% below its 52-week high.

Viaz Tyres Limited, an Indian company, specializes in the production of rubber tubes catering to bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Additionally, the company offers ancillary products such as off-the-road (OTR) tyre tubes and animal-driven vehicle (ADV) tubes, as well as engine oil and grease on white-labelling bases. Viaz Tyres also markets bicycle tyres along with its range of rubber tubes and ancillary products, distributing them both domestically and internationally.

The company’s diverse product portfolio and global reach position it as a comprehensive provider in the rubber tube manufacturing sector. By offering a wide range of products for various vehicle types and applications, including specialized tubes for OTR and ADV vehicles, Viaz Tyres caters to the needs of diverse customer segments in both domestic and international markets, enhancing its market presence and revenue opportunities.

Best Tyre Stocks In India Below 500 – FAQs

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.