EMERALD TYRE MANUF LTD (ETML-SM) Share Price rises 9.79% today
- August 31, 2026
- Posted by: Harsh Piplani
- Category: News
EMERALD TYRE MANUF LTD Share Price opened the session at Rs 89.7 and ended at the same level, after rising 9.79% from the previous close of Rs 81.7. The company’s market capitalisation stood at Rs 159.12 crore, placing the move in a clear small-company price rise context without any need to infer more than the verified data shows. The day’s trade was notable because the stock moved higher today on an otherwise compact set of facts: a higher close, flat intraday range at Rs 89.7, and turnover of Rs 0.01 crore. The supplied data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking EMERALD TYRE MANUF LTD Share Price Today, the key questions are what the market has already priced in, how the valuation compares with tyres peers, and what the company’s profitability and ownership picture say next.
EMERALD TYRE MANUF LTD Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 89.7 |
| Previous Close | Rs 81.7 |
| Today's Move | Rs 8 (+9.79%) |
| Open | Rs 89.7 |
| High | Rs 89.7 |
| Low | Rs 89.7 |
| Turnover | Rs 0.01 crore |
| Market Capitalisation | Rs 159.12 crore |
| Market Cap Category | Micro Cap |
EMERALD TYRE MANUF LTD (ETML-SM) rose to Rs 89.7 from the previous close of Rs 81.7, a move of Rs 8 or 9.79%. The stock opened at Rs 89.7, reached a high of Rs 89.7, recorded a low of Rs 89.7.
EMERALD TYRE MANUF LTD Share Price Today reflected a straight-line session: the stock opened at Rs 89.7, touched a high of Rs 89.7, a low of Rs 89.7 and finished at Rs 89.7. That leaves no intraday spread to interpret beyond the exact price rise recorded versus the previous close of Rs 81.7. The change of Rs 8 translated into a 9.79% gain, while turnover was Rs 0.01 crore. In practical news terms, this is a clean one-day price rise rather than a broader trend signal. EMERALD TYRE MANUF LTD Stock News therefore centers on the verified move itself, not on a disclosed trigger. For anyone scanning Stocks in News or Top Gainers Today, the correct reading is simple: the share price update is real, the move is measurable, and the published data stops short of explaining the cause.
EMERALD TYRE MANUF LTD (ETML-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 159.12 crore |
| P/E Ratio | 15.41x |
| P/B Ratio | 1.46x |
| ROE | 12.77% |
| ROCE | 14.3% |
| EPS | Rs 5.3 |
| Book Value Per Share | Rs 56.13 |
| Dividend Yield | 1.22% |
EMERALD TYRE MANUF LTD (ETML-SM) fundamental metrics show P/E 15.41x, P/B 1.46x, ROE 12.77%, ROCE 14.3%. These figures provide context only and are not a buy or sell signal.
EMERALD TYRE MANUF LTD has a market capitalisation of Rs 159.12 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.41x, P/B at 1.46x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 12.77% and ROCE of 14.3%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 5.3, book value per share of Rs 56.13, dividend yield of 1.22%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 23.21x, median ROE of 11.96%, median ROCE of 14.3%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Tyres & Allied |
| Benchmark Scope | same industry |
| Company P/E Ratio | 15.41x |
| Benchmark Median P/E | 23.21x |
| Benchmark Average P/E | 24.08x |
| Benchmark P/E Range | 11.57x to 43.85x |
| Company P/B Ratio | 1.46x |
| Benchmark Median P/B | 2.21x |
| Company ROE | 12.77% |
| Benchmark Median ROE | 11.96% |
| Company ROCE | 14.3% |
| Benchmark Median ROCE | 14.3% |
| Company Market Capitalisation | Rs 159.12 crore |
| Benchmark Median Market Cap | Rs 2,890.11 crore |
EMERALD TYRE MANUF LTD (ETML-SM) is classified under sector: Automobile & Ancillaries and industry: Tyres & Allied.
EMERALD TYRE MANUF LTD (ETML-SM) has a P/E ratio of 15.41x, which is below the benchmark median of 23.21x, a difference of -33.61%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
EMERALD TYRE MANUF LTD (ETML-SM) has a ROE of 12.77%, which is above the benchmark median of 11.96%, a difference of +6.77%. EMERALD TYRE MANUF LTD (ETML-SM) has a ROCE of 14.3%, which is equal to the benchmark median of 14.3%, a difference of 0%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| MRF Ltd. | MRF | 56,054.49 | 23.21 | 2.61 | 12.26 | 16.04 |
| Balkrishna Industries Ltd. | BALKRISIND | 45,213.99 | 32.17 | 3.96 | 11.65 | 12.38 |
| Apollo Tyres Ltd. | APOLLOTYRE | 28,169.9 | 16.49 | 1.65 | 8.73 | 9.22 |
| Ceat Ltd. | CEATLTD | 14,209.51 | 24.1 | 2.82 | 14.82 | 18.6 |
| JK Tyre & Industries Ltd. | JKTYRE | 10,953.56 | 16.82 | 1.8 | 14.03 | 14.3 |
EMERALD TYRE MANUF LTD (ETML-SM) has a P/E ratio of 15.41x compared with the displayed peer median of 23.21x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 12.77% compares with a peer median of 12.26% across the companies shown in the table. ROCE stood at 14.3% versus the displayed peer median of 14.3%, providing a capital-efficiency comparison. EMERALD TYRE MANUF LTD (ETML-SM) has a market capitalisation of Rs 159.12 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching EMERALD TYRE MANUF LTD
- EMERALD TYRE MANUF LTD Share Price rose 9.79% today to Rs 89.7 from Rs 81.7.
- The stock’s market capitalisation stood at Rs 159.12 crore, and turnover was Rs 0.01 crore.
- Its P/E ratio is 15.41 and P/B ratio is 1.46, both below the same-industry median.
- ROE is 12.77% and ROCE is 14.3%, which can be compared with Tyres & Allied benchmarks.
- The share price update comes without a disclosed company-specific catalyst in the supplied data.
About EMERALD TYRE MANUF LTD
EMERALD TYRE MANUF LTD is part of the Automobile & Ancillaries sector and operates in Tyres & Allied. The supplied data does not break down revenue by segment, so the most reliable description is the industry classification itself. The company’s core identity for EMERALD TYRE MANUF LTD Stock Analysis is therefore tied to tyre manufacturing and allied activity rather than a broader multi-business profile. From a market standpoint, the company’s current size is reflected in its Rs 159.12 crore market capitalisation, which is much smaller than the larger listed names in the same industry set. That makes EMERALD TYRE MANUF LTD Share Price Today relevant not only as a daily price move but also as a reference point for how a smaller listed tyre company is valued versus sector peers. Readers following EMERALD TYRE MANUF LTD Company News can use this profile to anchor future comparisons in valuation, profitability and relative scale.
Track EMERALD TYRE MANUF LTD Share Price on Univest
Use EMERALD TYRE MANUF LTD (ETML-SM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Univest helps readers follow EMERALD TYRE MANUF LTD Share Price, EMERALD TYRE MANUF LTD Share Price Today and EMERALD TYRE MANUF LTD Stock News in one place. You can track live share price updates, financial ratios, shareholding pattern, 52-week levels and company context on Univest, along with market insights that support basic stock analysis and fundamental analysis. For users comparing EMERALD TYRE MANUF LTD NSE and EMERALD TYRE MANUF LTD BSE references, Univest also keeps the stock page organised for quick review of price, valuation and sector context.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did EMERALD TYRE MANUF LTD Share Price rise today?
Ans. The supplied data confirms a 9.79% rise to Rs 89.7, but it does not establish a company-specific catalyst. The move is factual, measurable and best read as a same-day price event rather than a reasoned rerating.
What is EMERALD TYRE MANUF LTD Share Price today?
Ans. EMERALD TYRE MANUF LTD Share Price today is Rs 89.7. It is up Rs 8 from the previous close of Rs 81.7, making the day’s change 9.79% in verified market data.
What does the market capitalisation of EMERALD TYRE MANUF LTD show?
Ans. The market capitalisation is Rs 159.12 crore, which indicates company size rather than quality. In the same-industry comparison set, that figure is well below the benchmark median of Rs 2,890.11 crore.
How does EMERALD TYRE MANUF LTD valuation compare with peers?
Ans. Its P/E of 15.41 and P/B of 1.46 are below the same-industry median and average. Compared with listed peers, that places the valuation below several larger tyre companies on these measures.
Are EMERALD TYRE MANUF LTD profitability ratios supportive of the stock move?
Ans. ROE is 12.77% and ROCE is 14.3%, both useful context for the share price rise. The numbers sit around or above the benchmark middle, which supports comparison but not a forecast.
What do EPS, book value and dividend yield mean for EMERALD TYRE MANUF LTD?
Ans. EPS is Rs 5.3, book value is Rs 56.13 and dividend yield is 1.22%. Together they show earnings per share, accounting net worth per share and the historical/current payout reference.
How does EMERALD TYRE MANUF LTD compare with listed tyre peers?
Ans. The company is much smaller in market capitalisation than MRF, Balkrishna Industries, Apollo Tyres, Ceat and JK Tyre. Its P/E and P/B are also lower than many of those peers.
Can investors use EMERALD TYRE MANUF LTD Share Price today for stock analysis?
Ans. Yes. The day’s move, market cap, valuation ratios and profitability metrics offer a concise base for stock analysis and fundamental analysis. The data also shows where the company sits inside the tyre industry benchmark.
