JK Tyre & Industries Ltd Hits New 52-Week High at Rs.524.8

Stock Performance and Market Context

The stock of JK Tyre & Industries Ltd (Stock ID: 700089) has demonstrated robust performance, outperforming its sector by 0.87% on the day it achieved this new high. Over the last two trading sessions, the stock has recorded consecutive gains, delivering a cumulative return of 3.56%. This upward trajectory is supported by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bullish momentum.

In comparison, the broader market benchmark, the Sensex, rose by 0.39% to close at 85,524.55 points, edging closer to its own 52-week high of 86,159.02, just 0.74% away. The Sensex’s positive movement was led by mega-cap stocks and is supported by a bullish technical setup, with the 50-day moving average positioned above the 200-day moving average.

Long-Term Growth and Financial Metrics

JK Tyre & Industries Ltd has delivered a remarkable 33.39% return over the past year, significantly outpacing the Sensex’s 7.00% gain during the same period. This performance is underpinned by healthy long-term growth fundamentals. The company’s operating profit has expanded at an annual rate of 22.42%, reflecting operational efficiency and effective cost management.

Quarterly financials reveal that net sales reached a record high of Rs.4,011.31 crore, while the operating profit to interest ratio improved to 4.84 times, indicating strong earnings relative to debt servicing costs. The company’s debt-equity ratio, as of the half-year, stands at a conservative 0.92 times, the lowest in recent periods, highlighting a prudent capital structure.

Valuation and Returns Analysis

JK Tyre & Industries Ltd maintains an attractive valuation profile, with a return on capital employed (ROCE) of 11.9% and an enterprise value to capital employed ratio of 2. These metrics suggest efficient utilisation of capital and a valuation discount relative to peer averages based on historical data. Despite a 28.6% decline in profits over the past year, the stock’s price appreciation and operational metrics have sustained investor confidence.

Institutional Holding and Market Position

Institutional investors hold a significant stake of 23.29% in JK Tyre & Industries Ltd, reflecting confidence from entities with extensive analytical resources. This holding has increased by 0.76% over the previous quarter, signalling growing institutional support. The company is ranked among the top 1% of all 4,000 stocks rated by MarketsMojo, securing the 16th position among Small Cap stocks and 44th across the entire market.

Comparative Market Performance

JK Tyre & Industries Ltd has consistently outperformed the BSE500 index over multiple time frames, including the last three years, one year, and three months. This market-beating performance underscores the company’s resilience and ability to generate shareholder value in both the near and long term.

Technical Indicators and Price Range

The stock’s new 52-week high of Rs.524.8 marks a substantial rise from its 52-week low of Rs.231.65, illustrating a strong recovery and upward momentum. The day’s price change of 0.72% adds to the positive sentiment, supported by the stock’s position above all major moving averages, which often act as dynamic support levels for continued price appreciation.

Sector and Industry Context

JK Tyre & Industries Ltd operates within the Tyres & Rubber Products sector, a segment that has witnessed steady demand and growth. The company’s market capitalisation grade stands at 3, reflecting its mid-cap status with considerable room for expansion. The recent upgrade in its Mojo Grade from Hold to Buy on 20 Oct 2025, with a current Mojo Score of 78.0, highlights improved fundamentals and market positioning.

Summary of Key Metrics

To summarise, JK Tyre & Industries Ltd’s key financial and market metrics as of 2 Jan 2026 include:

• New 52-week high price: Rs.524.8


• 1-year stock return: 33.39%


• Sensex 1-year return: 7.00%


• Net sales (quarterly): Rs.4,011.31 crore (highest)


• Operating profit to interest ratio (quarterly): 4.84 times (highest)


• Debt-equity ratio (half-year): 0.92 times (lowest)


• Return on capital employed (ROCE): 11.9%


• Enterprise value to capital employed: 2


• Institutional holdings: 23.29%, increased by 0.76% over last quarter


• Mojo Score: 78.0, Mojo Grade: Buy (upgraded from Hold)

Conclusion

The attainment of a new 52-week high at Rs.524.8 by JK Tyre & Industries Ltd reflects a combination of strong financial performance, favourable market conditions, and sustained investor confidence. The stock’s consistent gains, supported by solid fundamentals and technical indicators, underscore its prominent position within the Tyres & Rubber Products sector and the broader market landscape.

Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Saving Now →