Innovative Tyres

Who are the top shareholders of the Innovative Tyres?

The top shareholders of Innovative Tyres are Pradeep Ravichandra Kothari with 9.42%, and Maxim Gold Development Limited with 9.1%. Individual investors collectively own 69.16% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Innovative Tyres include Pradeep Ravichandra Kothari, who holds the highest stake among promoters at 9.42%. The highest public shareholder is Maxim Gold Development Limited, with a holding of 9.1%. Additionally, individual investors collectively hold 69.16% of the shares. It's also noteworthy that the majority shareholders are non-institutional, and there are no mutual funds or foreign institutional investors currently holding shares in the company.

Who are in the management team of Innovative Tyres?

As of Mar 2020 The management team of Innovative Tyres includes Mukesh Gunvantrai Desai (Chairman), Pradeep R Kothari (Whole-time Director), and independent directors Keyoor Bakshi, Kalyanaraman Ganesan, and Kalpana Joshipura, along with Arvind Ramkishore Tambi as Company Secretary.

As of Mar 2020 The management team of Innovative Tyres includes the following individuals:<BR><BR>1. Mukesh Gunvantrai Desai - Chairman<BR>2. Pradeep R Kothari - Whole-time Director<BR>3. Keyoor Bakshi - Independent Director<BR>4. Kalyanaraman Ganesan - Independent Director<BR>5. Kalpana Joshipura - Independent Director<BR>6. Arvind Ramkishore Tambi - Company Secretary<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Has Innovative Tyres declared dividend?

No Dividend History Available

When is the next results date for Innovative Tyres?

No Upcoming Board Meetings

How big is Innovative Tyres & Tubes Ltd.?

As of 21st February, Innovative Tyres & Tubes Ltd. has a market capitalization of 11.00 Cr, classifying it as a Micro Cap company. The latest financial data shows a loss of 44.22 Cr in shareholder's funds and total assets of 36.03 Cr, with no available figures for net sales or net profit.

As of 21st February, Innovative Tyres & Tubes Ltd. has a market capitalization of 11.00 Cr, categorizing it as a Micro Cap company.<BR><BR>There is no valid financial data available for the latest four quarters, so Net Sales and Net Profit figures cannot be provided.<BR><BR>The latest annual period for the balance sheet is March 2023. Shareholder's Funds stand at a loss of 44.22 Cr, while Total Assets are valued at 36.03 Cr.

Which are the latest news on Innovative Tyres?

Why is Innovative Tyres & Tubes Ltd falling/rising?

As of 11-Feb, the stock price of Innovative Tyres & Tubes Ltd is slightly rising at 68.50, but it has significantly underperformed recently, with declines of 5.65% over the past week and 27.13% over the past month. The stock's mixed moving averages and a sharp drop in investor participation indicate ongoing challenges despite today's minor increase.

As of 11-Feb, the stock price of Innovative Tyres & Tubes Ltd is rising slightly, with a current price of 68.50, reflecting a change of 0.1 (0.15%) upwards. However, despite this minor increase, the stock has shown significant underperformance in the short term, with a decline of 5.65% over the past week and 27.13% over the past month. Year-to-date, the stock is down 25.05%, contrasting with the Sensex, which has seen a slight decline of only 0.67% in the same period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.97%. Additionally, the stock's moving averages suggest a mixed trend; it is currently higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages, indicating potential volatility. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 81.48% compared to the 5-day average, which may signal reduced interest from investors.<BR><BR>Overall, while there is a slight rise in the stock price today, the broader context of significant recent declines, underperformance against benchmarks, and falling investor participation suggests that the stock is facing challenges that could overshadow this minor upward movement.