{"id":273026,"date":"2026-09-28T09:55:46","date_gmt":"2026-09-28T04:25:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=273026"},"modified":"2026-09-28T09:55:46","modified_gmt":"2026-09-28T04:25:46","slug":"why-emerald-tyre-manuf-share-price-price-fall-2026-09-28","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/","title":{"rendered":"EMERALD TYRE MANUF (ETML-SM) Share Price Falls 12.34% Today"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/etml\/emerald-tyre-manuf-ltd-share-price-today\">EMERALD TYRE MANUF (ETML-SM)<\/a> share price fell to Rs 70 today, down 12.34% from the previous close. Market cap was Rs 155.52 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;28 September 2026 at 9:54:34 AM IST<\/p>\n<p style=\"margin-top:0!important;\">EMERALD TYRE MANUF Share Price fell sharply today, with the stock closing at Rs 70 after a 12.34% decline. The company\u2019s market capitalisation stands at Rs 155.52 Cr, placing it in the Micro Cap category. The move takes the stock below its previous close of Rs 79.85 and makes today\u2019s decline the central market event in EMERALD TYRE MANUF Stock News. The available data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking EMERALD TYRE MANUF Share Price Today, the key takeaway is simple: the stock opened at Rs 75.15, touched Rs 76, and traded down to Rs 70 by the close. Univest is covering the move using only verified figures, so investors can compare the day\u2019s action with fundamentals, valuation and the tyre sector backdrop.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#EMERALD_TYRE_MANUF_ETML-SM_Share_Price_Today_Price_Action_Analysis\" title=\"EMERALD TYRE MANUF (ETML-SM) Share Price Today: Price Action Analysis\">EMERALD TYRE MANUF (ETML-SM) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#EMERALD_TYRE_MANUF_ETML-SM_Fundamental_Analysis\" title=\"EMERALD TYRE MANUF (ETML-SM) Fundamental Analysis\">EMERALD TYRE MANUF (ETML-SM) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Why_Investors_Are_Watching_EMERALD_TYRE_MANUF\" title=\"Why Investors Are Watching EMERALD TYRE MANUF\">Why Investors Are Watching EMERALD TYRE MANUF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#About_EMERALD_TYRE_MANUF\" title=\"About EMERALD TYRE MANUF\">About EMERALD TYRE MANUF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Track_EMERALD_TYRE_MANUF_Share_Price_on_Univest\" title=\"Track EMERALD TYRE MANUF Share Price on Univest\">Track EMERALD TYRE MANUF Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#Why_did_EMERALD_TYRE_MANUF_share_price_fall_today\" title=\"Why did EMERALD TYRE MANUF share price fall today?\">Why did EMERALD TYRE MANUF share price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_is_EMERALD_TYRE_MANUF_share_price_today\" title=\"What is EMERALD TYRE MANUF share price today?\">What is EMERALD TYRE MANUF share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_is_the_market_capitalisation_of_EMERALD_TYRE_MANUF\" title=\"What is the market capitalisation of EMERALD TYRE MANUF?\">What is the market capitalisation of EMERALD TYRE MANUF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#How_is_EMERALD_TYRE_MANUF_valued_on_earnings_and_book_value\" title=\"How is EMERALD TYRE MANUF valued on earnings and book value?\">How is EMERALD TYRE MANUF valued on earnings and book value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_do_ROE_and_ROCE_show_for_EMERALD_TYRE_MANUF\" title=\"What do ROE and ROCE show for EMERALD TYRE MANUF?\">What do ROE and ROCE show for EMERALD TYRE MANUF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#How_does_EMERALD_TYRE_MANUF_compare_with_tyre_sector_peers\" title=\"How does EMERALD TYRE MANUF compare with tyre sector peers?\">How does EMERALD TYRE MANUF compare with tyre sector peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_is_the_dividend_yield_for_EMERALD_TYRE_MANUF\" title=\"What is the dividend yield for EMERALD TYRE MANUF?\">What is the dividend yield for EMERALD TYRE MANUF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_sector_and_industry_does_EMERALD_TYRE_MANUF_belong_to\" title=\"What sector and industry does EMERALD TYRE MANUF belong to?\">What sector and industry does EMERALD TYRE MANUF belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-emerald-tyre-manuf-share-price-price-fall-2026-09-28\/#What_should_investors_monitor_next_in_EMERALD_TYRE_MANUF\" title=\"What should investors monitor next in EMERALD TYRE MANUF?\">What should investors monitor next in EMERALD TYRE MANUF?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"EMERALD_TYRE_MANUF_ETML-SM_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>EMERALD TYRE MANUF (ETML-SM) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 70<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 79.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 9.85 (-12.34%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 75.15<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 76<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 70<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.08 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 155.52 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>EMERALD TYRE MANUF Share Price Today reflects a clear gap between the opening range and the closing price. The stock opened at Rs 75.15, moved to a day high of Rs 76 and a day low of Rs 70, before ending at Rs 70. That is Rs 9.85 below the previous close of Rs 79.85, equal to a 12.34% decline. In absolute terms, the day\u2019s move was sizeable for a stock with a market capitalisation of Rs 155.52 Cr and a Micro Cap label supplied in the data. The turnover for the session was Rs 0.08 Cr. On a factual basis, the session shows that the stock spent the day below its opening level and finished at the low for the day. For EMERALD TYRE MANUF Share Price, that is the most important price-action detail investors will notice in today\u2019s stock news coverage. The next step is to compare this decline with the company\u2019s valuation, earnings metrics and industry context.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"EMERALD_TYRE_MANUF_ETML-SM_Fundamental_Analysis\"><\/span><strong>EMERALD TYRE MANUF (ETML-SM) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 155.52 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.06x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.42x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.77%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 56.13<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>EMERALD TYRE MANUF Share Price today needs to be read alongside the company\u2019s fundamental ratios. The stock is valued at a P\/E ratio of 15.06 and a P\/B ratio of 1.42. Its ROE is 12.77 and ROCE is 14.3, which gives a direct read on return generation from equity and capital employed. EPS stands at Rs 5.3, book value is Rs 56.13 per share and dividend yield is 1.25%. Those three figures help anchor EMERALD TYRE MANUF Share Price against the accounting value and earnings available per share. On the available numbers, the company is not trading at an extreme multiple relative to its own sector data, which matters when investors assess EMERALD TYRE MANUF Stock Analysis. Univest readers often look at these metrics together because they show whether a share price move is backed by only the day\u2019s price action or by broader company fundamentals. Today\u2019s decline is therefore a price event first, with the fundamentals offering context rather than a visible trigger.<\/p>\n<p>The market capitalisation of Rs 155.52 Cr is also important because it frames the company as a Micro Cap within the data supplied. That size context does not explain the move, but it does help position EMERALD TYRE MANUF Share Price within the market. The company\u2019s valuation, profitability and book value are the main verified inputs available for fundamental analysis today, and Univest is presenting them as factual reference points rather than as a forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Automobile &amp; Ancillaries<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Tyres &amp; Allied<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.06x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.03x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">22.77x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.71x to 38.23x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.42x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.04x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.77%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.96%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.13%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.58%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 155.52 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,584.84 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 12,482.46 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>EMERALD TYRE MANUF operates in the Automobile &amp; Ancillaries sector and the Tyres &amp; Allied industry. The same-industry benchmark covers 12 companies. Within that set, the company\u2019s P\/E of 15.06 is below the sector median of 23.03 and also below the sector average of 22.77. Its P\/B of 1.42 is below the median of 2.04 and below the average of 1.92. That means the current EMERALD TYRE MANUF Share Price is associated with a lower valuation multiple than the midpoint and average of the peer industry group supplied in the data.<\/p>\n<p>On profitability, the company\u2019s ROE of 12.77 is above the sector median of 11.96 and above the sector average of 11.13. Its ROCE of 14.3 matches the sector median of 14.3 and is above the sector average of 7.58. The benchmark market-cap data also provides useful scale context: the same-industry median market capitalisation is Rs 2,584.84 Cr, while the average is Rs 12,482.46 Cr. EMERALD TYRE MANUF \u2019s own market cap of Rs 155.52 Cr sits well below both. For EMERALD TYRE MANUF Stock News, this sector comparison is central because it shows the stock trading at a lower valuation than the typical peer in the same industry while still posting return ratios that sit around or above the benchmark midpoint.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/mrf\/mrf-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>MRF<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">MRF<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">52,596.53<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/balkrisind\/balkrishna-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Balkrishna Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BALKRISIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42,203.08<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.7<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.65<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/apollotyre\/apollo-tyres-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Apollo Tyres<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">APOLLOTYRE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25,410.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.87<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.22<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ceatltd\/ceat-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Ceat<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">CEATLTD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13,576.06<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jktyre\/jk-tyre-and-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>JK Tyre &amp; Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JKTYRE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9,970.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.63<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>EMERALD TYRE MANUF Share Price can also be read against the listed peers supplied in the dataset. Compared with MRF, Balkrishna Industries, Apollo Tyres, Ceat and JK Tyre &amp; Industries, the company\u2019s market capitalisation of Rs 155.52 Cr is far smaller than each of those peers. Its P\/E of 15.06 is below MRF\u2019s 21.78, Balkrishna Industries\u2019 30.03 and Ceat\u2019s 23.03, but slightly above Apollo Tyres\u2019 14.87 and below JK Tyre\u2019s 15.31.<\/p>\n<p>On profitability, EMERALD TYRE MANUF \u2019s ROE of 12.77 is above MRF, Balkrishna Industries and Apollo Tyres, but below Ceat and JK Tyre. Its ROCE of 14.3 is above Apollo Tyres, below MRF and Ceat, and exactly equal to JK Tyre. In valuation terms, the stock is positioned between the lower-multiple peer and the richer-multiple names in the group. That makes EMERALD TYRE MANUF Stock Analysis a comparison of relative numbers rather than a story of one-way premium or discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_EMERALD_TYRE_MANUF\"><\/span><strong>Why Investors Are Watching EMERALD TYRE MANUF<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>EMERALD TYRE MANUF Share Price fell 12.34% today to Rs 70.<\/li>\n<li>The previous close was Rs 79.85, while the day open was Rs 75.15 and the day high was Rs 76.<\/li>\n<li>The market capitalisation is Rs 155.52 Cr, with a Micro Cap category in the data.<\/li>\n<li>P\/E is 15.06, P\/B is 1.42, ROE is 12.77 and ROCE is 14.3.<\/li>\n<li>In the same industry, the benchmark median P\/E is 23.03 and the benchmark median P\/B is 2.04.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_EMERALD_TYRE_MANUF\"><\/span><strong>About EMERALD TYRE MANUF<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>EMERALD TYRE MANUF belongs to the Automobile &amp; Ancillaries sector and the Tyres &amp; Allied industry. The dataset supplied for this article identifies the company only through these classifications, along with its market capitalisation, valuation ratios, earnings per share, book value and dividend yield. For readers following EMERALD TYRE MANUF Share Price, this is the most direct company profile available in today\u2019s stock news note. Univest is keeping the profile factual and compact, using only the verified business classification and market data available in the source set.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_EMERALD_TYRE_MANUF_Share_Price_on_Univest\"><\/span><strong>Track EMERALD TYRE MANUF Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use&nbsp;<a href=\"https:\/\/univest.in\/stocks\/etml\/emerald-tyre-manuf-ltd-share-price-today\">EMERALD TYRE MANUF (ETML-SM) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Readers can track EMERALD TYRE MANUF Share Price on Univest for live updates, company news, financial ratios, shareholding pattern, 52-week levels and market insights. Univest brings the verified market view together in one place so users can follow EMERALD TYRE MANUF Stock News alongside valuation and sector context.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;&nbsp;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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_EMERALD_TYRE_MANUF_share_price_fall_today\"><\/span><strong>Why did EMERALD TYRE MANUF share price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The data confirms that EMERALD TYRE MANUF Share Price fell 12.34% today, but it does not establish a company-specific catalyst. The stock ended at Rs 70 after opening at Rs 75.15 and touching Rs 76.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_EMERALD_TYRE_MANUF_share_price_today\"><\/span><strong>What is EMERALD TYRE MANUF share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EMERALD TYRE MANUF Share Price Today is Rs 70. That is Rs 9.85 below the previous close of Rs 79.85 and reflects the full-day decline recorded in the supplied market data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_EMERALD_TYRE_MANUF\"><\/span><strong>What is the market capitalisation of EMERALD TYRE MANUF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EMERALD TYRE MANUF has a market capitalisation of Rs 155.52 Cr. The data also labels it as a Micro Cap company, which is the category supplied for this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_EMERALD_TYRE_MANUF_valued_on_earnings_and_book_value\"><\/span><strong>How is EMERALD TYRE MANUF valued on earnings and book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The stock has a P\/E ratio of 15.06 and a P\/B ratio of 1.42. It also reports EPS of Rs 5.3 and book value of Rs 56.13 per share, giving a clear valuation snapshot.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_EMERALD_TYRE_MANUF\"><\/span><strong>What do ROE and ROCE show for EMERALD TYRE MANUF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EMERALD TYRE MANUF reports ROE of 12.77 and ROCE of 14.3. These measures indicate returns on equity and capital employed, and they sit around or above industry benchmark levels in the supplied data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_EMERALD_TYRE_MANUF_compare_with_tyre_sector_peers\"><\/span><strong>How does EMERALD TYRE MANUF compare with tyre sector peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EMERALD TYRE MANUF Share Price is linked to lower market capitalisation than the listed peers, while its P\/E and P\/B are below the industry median and average. Its ROE and ROCE remain close to benchmark levels.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_dividend_yield_for_EMERALD_TYRE_MANUF\"><\/span><strong>What is the dividend yield for EMERALD TYRE MANUF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The dividend yield supplied for EMERALD TYRE MANUF is 1.25%. Dividend yield is historical or current payout data and should be read alongside price, valuation and earnings per share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_and_industry_does_EMERALD_TYRE_MANUF_belong_to\"><\/span><strong>What sector and industry does EMERALD TYRE MANUF belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EMERALD TYRE MANUF belongs to the Automobile &amp; Ancillaries sector and the Tyres &amp; Allied industry. That classification is the basis for the sector and peer comparison used in this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_next_in_EMERALD_TYRE_MANUF\"><\/span><strong>What should investors monitor next in EMERALD TYRE MANUF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Investors can monitor the next price update, valuation ratios, sector comparison and any company-specific news that appears later. Today\u2019s data confirms the decline, but it does not identify a trigger.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMERALD TYRE MANUF Share Price falls to Rs 70. marking a 12.34% fall today. Market cap stands at Rs 155.52 crore.<\/p>\n","protected":false},"author":29,"featured_media":273025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-273026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["273025"],"rank_math_title":["EMERALD TYRE MANUF Share Price Today: Price Fall View"],"rank_math_description":["EMERALD TYRE MANUF Share Price fell 12.34% to Rs 70 today. Read the price action, valuation, sector context and peer comparison."],"rank_math_focus_keyword":["EMERALD TYRE MANUF Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/emerald-tyre-manuf-etml-sm-share-price-falls-12-34-today.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/273026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=273026"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/273026\/revisions"}],"predecessor-version":[{"id":273027,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/273026\/revisions\/273027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/273025"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=273026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=273026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=273026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}