Business Standard

Innovative Tyres & Tubes Share Price

Know More
NSEBSE

7.15-0.35 (-4.67%)

12:00 AM,12th Apr 2024
12:00 AM,12th Apr 2024Stock not traded

BSE : 535015

NSE : INNOVATIVE

Sector : Auto

ISIN Code : INE070Y01015

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Market Cap (₹ Cr)

12

Turnover (₹ Cr)

0.00

Volume (Shares)

18000

Face Value

10

52-WK High

10.25

52-WK High Date

16 Jan 2024

52-WK Low

2.00

52-WK Low Date

12 May 2023

All Time High

77.00

All Time High Date

15 Jan 2018

All Time Low

2.00

All Time Low Date

12 May 2023

Innovative Tyres & Tubes Ltd

Innovative Tyres & Tubes Limited was originally incorporated as a public limited company on 28th November 1995 at Mumbai Maharashtra. The certificate of Commencement of Business was granted by Registrar of Companies Maharashtra on February 08 1996. The Company changed its registered office Maharashtra to Gujarat on April 27 2016. Mukesh Desai and Pradeep Kothari are the Promoters of the Company.Chandravadan Shah Narendra Shah Kalpesh Shah Ashvinkumar Mehta Sanjay Mankad Minakshi Mankad Girish Patel and Bipin Mankad were the initial subscribers of the Company. Mukesh Desai and Pradeep Kothari acquired shares through purchase of shares in various tranches from shareholders and also through preferential allotment.Innovative Tyres is a tyre and tube manufacturing Company manufacturing & marketing products under our flagship brand 'Innovative'. The Company started its journey with the acquisition of a greenfield project situated at Halol (Originally that Company wras known as Super Strong Polymers Private Limited) in auction from Gujarat State Financial Corporation and State Bank of Bikaner & Jaipur vide agreement dated December 15. 1995. Thereafter the company revamped the closed company to their tube manufacturing facility at this property and started manufacturing of tubes in the year 1996. Within a short time after their inception it was able to successfully get its facility approved by CEAT Limited for carrying out job work activities for them.As a result of strong business relationship with CEAT Limited taking the relationship to the next level wre set up a greenfield tyre project as a major outsourcing unit in 2003 in a close vicinity of the existing first tube plant in Halol only. The company has an installed production capacity of 12000 MT of tubes and tyres. Taking a leaf of learning of tyre manufacturing with two-three-wheeler tyre segment the company graduated over a period of 15 years into manufacturing of practically all segments of Nylon Tyres.

Innovative Tyres & Tubes Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

12

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

-0.25

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-28.63
P/B Ratio (₹) [S]-0.25
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

7.15

7.80

Year Low/High

2.00

10.00

All time Low/High

0.00

77.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week%%0.000.03%
1 Month%%0.780.82%
3 Month%%2.312.85%
6 Month%%11.8013.77%
1 Year%%22.9426.43%
3 Year%%55.0557.36%

Company Info

Company Information

Independent Director : Keyoor Bakshi

Company Sec. & Compli. Officer : Arvind Ramkishore Tambi

Registered Office: 1201 1202 1203 GIDC Halol, ,panchmahal,Gujarat-389350 Ph: 91-267-6220621

Email:investors@innovativetyres.co.in

URL:http://www.innovativetyres.com