EMERALD TYRE MANUF LTD (ETML): Emerald Tyre Share Price Rise Today: Stock Gains 10.39% to Rs 66.95

Emerald Tyre Share Price stood at Rs 66.95 as of 1:22 PM IST on 29 October 2026, up Rs 6.30 or 10.39% from the previous close of Rs 60.65. Emerald Tyre Manuf Ltd. (ETML) carries a market capitalisation of Rs 120.66 crore, and today's gain is the move in focus for this Tyres and Allied stock.

Univest data confirms the move itself, though no company-specific trigger has been identified. What the latest Univest figures do show is a P/E ratio of 11.44, a P/B ratio of 1.02, a return on equity of 9.19%, a return on capital employed of 12.26% and a dividend yield of 1.65%.

Emerald Tyre Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 66.95
Previous Close	Rs 60.65
Today's Move	Rs 6.3 (+10.39%)
Open	Rs 59
High	Rs 70
Low	Rs 59
Market Capitalisation	Rs 120.66 crore
Market Cap Category	Micro Cap

EMERALD TYRE MANUF LTD (ETML) rose to Rs 66.95 from the previous close of Rs 60.65, a move of Rs 6.3 or 10.39%. The stock opened at Rs 59, reached a high of Rs 70, recorded a low of Rs 59.

Emerald Tyre Share Price Today is Rs 66.95, a gain of Rs 6.30 or 10.39% over the previous close of Rs 60.65. The stock opened at Rs 59.00, which is also the day low, and has touched a high of Rs 70.00 as of 1:22 PM IST.

The previous close is the last settled level from the prior session, and it anchors the day's change. Measured against Rs 60.65, the Emerald Tyre Share Price Rise works out to Rs 6.30 per share, or 10.39%. The opening level of Rs 59.00 sits below that previous close, so the stock began the day under its prior level before moving up.

The day's range runs from Rs 59.00 to Rs 70.00. The current price of Rs 66.95 is Rs 3.05 under the day high and Rs 7.95 above the day low. The Emerald Tyre Share Price Update will move with the live quote through the rest of the session.

Market capitalisation of Rs 120.66 crore is the size reference for this Emerald Tyre Share Price move. Market capitalisation indicates company size, not quality, so the next step is to see what the fundamental ratios say.

EMERALD TYRE MANUF LTD (ETML) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 120.66 crore
P/E Ratio	11.44x
P/B Ratio	1.02x
ROE	9.19%
ROCE	12.26%
EPS	Rs 5.3
Book Value Per Share	Rs 59.24
Dividend Yield	1.65%

EMERALD TYRE MANUF LTD (ETML) fundamental metrics show P/E 11.44x, P/B 1.02x, ROE 9.19%, ROCE 12.26%. Read together, these ratios describe the company's position rather than a recommendation.

EMERALD TYRE MANUF LTD has a market capitalisation of Rs 120.66 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 11.44x, P/B at 1.02x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 9.19% and ROCE of 12.26%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 5.3, book value per share of Rs 59.24, dividend yield of 1.65%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 24.6x, median ROE of 11.03%, median ROCE of 13.01%. 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	11.44x
Benchmark Median P/E	24.6x
Benchmark Average P/E	22.6x
Benchmark P/E Range	9.9x to 34.83x
Company P/B Ratio	1.02x
Benchmark Median P/B	2.2x
Company ROE	9.19%
Benchmark Median ROE	11.03%
Company ROCE	12.26%
Benchmark Median ROCE	13.01%
Company Market Capitalisation	Rs 120.66 crore
Benchmark Median Market Cap	Rs 2,359.88 crore

EMERALD TYRE MANUF LTD (ETML) operates in the Automobile & Ancillaries sector, within the Tyres & Allied industry.

EMERALD TYRE MANUF LTD (ETML) has a P/E ratio of 11.44x, which is below the benchmark median of 24.6x, a difference of -53.5%. The P/E comparison frames valuation; it is not a signal to buy or sell.

EMERALD TYRE MANUF LTD (ETML) has a ROE of 9.19%, which is below the benchmark median of 11.03%, a difference of -16.68%. EMERALD TYRE MANUF LTD (ETML) has a ROCE of 12.26%, which is below the benchmark median of 13.01%, a difference of -5.76%.

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	50,049.81	20.73	2.33	12.26	16.04
Balkrishna Industries Ltd.	BALKRISIND	41,249.06	28.91	3.56	11.65	12.38
Apollo Tyres Ltd.	APOLLOTYRE	24,359.3	14.35	1.44	8.73	9.22
Ceat Ltd.	CEATLTD	12,727.42	24.6	2.56	14.82	18.6
JK Tyre & Industries Ltd.	JKTYRE	8,748.15	17.75	1.45	14.03	14.3

EMERALD TYRE MANUF LTD (ETML) has a P/E ratio of 11.44x compared with the displayed peer median of 20.73x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 9.19% compares with a peer median of 12.26% across the companies shown in the table. ROCE stood at 12.26% versus the displayed peer median of 14.3%, providing a capital-efficiency comparison. EMERALD TYRE MANUF LTD (ETML) has a market capitalisation of Rs 120.66 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Emerald Tyre

• Price action: Emerald Tyre Share Price gained 10.39% to Rs 66.95 against a previous close of Rs 60.65.
• Returns: ROE of 9.19% and ROCE of 12.26% are below the same-industry medians of 11.03% and 13.01%.
• Valuation: the P/E of 11.44 is below the industry median of 24.60, and the P/B of 1.02 is below the median of 2.20.
• Per-share data: EPS of Rs 5.30, book value of Rs 59.24 and a dividend yield of 1.65%.
• Size: market capitalisation of Rs 120.66 crore compared with the benchmark median of Rs 2,359.88 crore.

About Emerald Tyre

Emerald Tyre Manuf Ltd. is listed under the symbol ETML and operates in the Automobile and Ancillaries sector, within the Tyres and Allied industry. The same-industry benchmark used in this article covers 12 companies, which gives a base for comparing valuation and return ratios.

Univest company pages bring the sector, industry and valuation ratios for Emerald Tyre together in one place, so the P/E, P/B, ROE and ROCE discussed above can be read next to the live quote.

Frequently Asked Questions

Why is Emerald Tyre share price rising today?

Ans. Univest data confirms the move itself, though no company-specific trigger has been identified. Emerald Tyre Share Price is Rs 66.95, up 10.39% from the previous close of Rs 60.65 as of 1:22 PM IST.

What is the Emerald Tyre share price today?

Ans. Emerald Tyre Share Price stood at Rs 66.95 as of 1:22 PM IST on 29 October 2026, a gain of Rs 6.30 over the previous close of Rs 60.65. The day range is Rs 59.00 to Rs 70.00.

What is the market capitalisation of Emerald Tyre?

Ans. Emerald Tyre has a market capitalisation of Rs 120.66 crore. That is below the same-industry benchmark median of Rs 2,359.88 crore and the benchmark average of Rs 11,890.35 crore across 12 companies.

What is the P/E ratio of Emerald Tyre?

Ans. The P/E ratio of Emerald Tyre is 11.44, compared with a same-industry benchmark median of 24.60 and an average of 22.60. The P/B ratio is 1.02 against a benchmark median of 2.20.

What are the ROE and ROCE of Emerald Tyre?

Ans. Emerald Tyre reports a return on equity of 9.19% and a return on capital employed of 12.26%. The same-industry medians are 11.03% for ROE and 13.01% for ROCE, so both figures sit below the benchmark.

What are the EPS and dividend yield of Emerald Tyre?

Ans. EPS of Emerald Tyre is Rs 5.30, showing earnings attributable to each share. Book value per share is Rs 59.24, and the dividend yield is 1.65%, a historical figure rather than a promise of any future payout.

How does Emerald Tyre compare with its peers?

Ans. Emerald Tyre has a P/E of 11.44, below Apollo Tyres at 14.35 and MRF at 20.73, and a P/B of 1.02, below every peer shown. Its ROE of 9.19% is above Apollo Tyres at 8.73%.

Which sector and industry does Emerald Tyre belong to?

Ans. Emerald Tyre operates in the Automobile and Ancillaries sector and the Tyres and Allied industry. The Univest benchmark for this industry covers 12 companies, with a P/E median of 24.60 and an ROE median of 11.03%.

Track Emerald Tyre Share Price on Univest

Use EMERALD TYRE MANUF LTD (ETML) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Users can track the live Emerald Tyre Share Price, fundamental ratios, 52-week levels and market insights on Univest. The stock page brings together the price quote, P/E, P/B, ROE and ROCE, so changes in the Emerald Tyre Share Price can be read alongside the financial ratios. Univest also covers sector and peer comparison for the tyre industry.