JK Tyre Approaches 52-Week Low Amid Broader Sector Challenges in October 2023

Feb 14 2025 11:05 AM IST
share
Share Via
JK Tyre & Industries is facing significant challenges, with its stock price nearing a 52-week low and showing a substantial decline over the past year. The company is trading below key moving averages, indicating a bearish trend, and has underperformed compared to its sector and the broader market.
JK Tyre & Industries has experienced significant activity today, with its stock price nearing a 52-week low. The stock closed just 0.16% away from this low, which was recorded at Rs 286.45 earlier in the day, reflecting a decline of 2.39% intraday. This performance marks a notable underperformance compared to its sector, lagging by 1.65%.

In terms of moving averages, JK Tyre & Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to long term. Over the past year, the company has faced challenges, with its stock price declining by 41.77%, contrasting sharply with the Sensex, which has gained 5.56% during the same period.

As a midcap player in the Tyres & Allied industry, JK Tyre & Industries continues to navigate a challenging market environment, reflecting broader trends affecting the sector. Investors and market watchers will be keen to observe how the company adapts to these ongoing challenges.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News