EMERALD TYRE MANUF (ETML-SM) Share Price Falls 12.34% Today

Published:   28 September 2026 at 9:54:34 AM IST

EMERALD TYRE MANUF Share Price fell sharply today, with the stock closing at Rs 70 after a 12.34% decline. The company’s 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’s 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’s action with fundamentals, valuation and the tyre sector backdrop.

EMERALD TYRE MANUF (ETML-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 70
Previous Close	Rs 79.85
Today's Move	-Rs 9.85 (-12.34%)
Open	Rs 75.15
High	Rs 76
Low	Rs 70
Turnover	Rs 0.08 crore
Market Capitalisation	Rs 155.52 crore
Market Cap Category	Micro Cap

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’s 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’s stock news coverage. The next step is to compare this decline with the company’s valuation, earnings metrics and industry context.

EMERALD TYRE MANUF (ETML-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 155.52 crore
P/E Ratio	15.06x
P/B Ratio	1.42x
ROE	12.77%
ROCE	14.3%
EPS	Rs 5.3
Book Value Per Share	Rs 56.13
Dividend Yield	1.25%

EMERALD TYRE MANUF Share Price today needs to be read alongside the company’s 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’s price action or by broader company fundamentals. Today’s decline is therefore a price event first, with the fundamentals offering context rather than a visible trigger.

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’s 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.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Tyres & Allied
Benchmark Scope	same industry
Company P/E Ratio	15.06x
Benchmark Median P/E	23.03x
Benchmark Average P/E	22.77x
Benchmark P/E Range	10.71x to 38.23x
Company P/B Ratio	1.42x
Benchmark Median P/B	2.04x
Benchmark Average P/B	1.92x
Company ROE	12.77%
Benchmark Median ROE	11.96%
Benchmark Average ROE	11.13%
Company ROCE	14.3%
Benchmark Median ROCE	14.3%
Benchmark Average ROCE	7.58%
Company Market Capitalisation	Rs 155.52 crore
Benchmark Median Market Cap	Rs 2,584.84 crore
Benchmark Average Market Cap	Rs 12,482.46 crore

EMERALD TYRE MANUF operates in the Automobile & Ancillaries sector and the Tyres & Allied industry. The same-industry benchmark covers 12 companies. Within that set, the company’s 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.

On profitability, the company’s 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 ’s 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.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
MRF	MRF	52,596.53	21.78	2.45	12.26	16.04
Balkrishna Industries	BALKRISIND	42,203.08	30.03	3.7	11.65	12.38
Apollo Tyres	APOLLOTYRE	25,410.39	14.87	1.49	8.73	9.22
Ceat	CEATLTD	13,576.06	23.03	2.69	14.82	18.6
JK Tyre & Industries	JKTYRE	9,970.49	15.31	1.63	14.03	14.3

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 & Industries, the company’s market capitalisation of Rs 155.52 Cr is far smaller than each of those peers. Its P/E of 15.06 is below MRF’s 21.78, Balkrishna Industries’ 30.03 and Ceat’s 23.03, but slightly above Apollo Tyres’ 14.87 and below JK Tyre’s 15.31.

On profitability, EMERALD TYRE MANUF ’s 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.

Why Investors Are Watching EMERALD TYRE MANUF

• EMERALD TYRE MANUF Share Price fell 12.34% today to Rs 70.
• The previous close was Rs 79.85, while the day open was Rs 75.15 and the day high was Rs 76.
• The market capitalisation is Rs 155.52 Cr, with a Micro Cap category in the data.
• P/E is 15.06, P/B is 1.42, ROE is 12.77 and ROCE is 14.3.
• In the same industry, the benchmark median P/E is 23.03 and the benchmark median P/B is 2.04.

About EMERALD TYRE MANUF

EMERALD TYRE MANUF belongs to the Automobile & Ancillaries sector and the Tyres & 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’s 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.

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Frequently Asked Questions

Why did EMERALD TYRE MANUF share price fall today?

Ans.  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.

What is EMERALD TYRE MANUF share price today?

Ans.  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.

What is the market capitalisation of EMERALD TYRE MANUF?

Ans.  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.

How is EMERALD TYRE MANUF valued on earnings and book value?

Ans.  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.

What do ROE and ROCE show for EMERALD TYRE MANUF?

Ans.  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.

How does EMERALD TYRE MANUF compare with tyre sector peers?

Ans.  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.

What is the dividend yield for EMERALD TYRE MANUF?

Ans.  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.

What sector and industry does EMERALD TYRE MANUF belong to?

Ans.  EMERALD TYRE MANUF belongs to the Automobile & Ancillaries sector and the Tyres & Allied industry. That classification is the basis for the sector and peer comparison used in this article.

What should investors monitor next in EMERALD TYRE MANUF?

Ans.  Investors can monitor the next price update, valuation ratios, sector comparison and any company-specific news that appears later. Today’s data confirms the decline, but it does not identify a trigger.