JK Tyre Faces Sustained Decline Amid Broader Market Challenges and Sector Underperformance

JK Tyre & Industries has experienced significant downward movement in its stock price, losing 5.85% on March 3, 2025. The stock reached a new 52-week low of Rs. 249 during the trading session, marking a notable decline. Over the past six days, JK Tyre has consistently underperformed, with a cumulative drop of 14.48%. Today's performance saw the stock underperforming its sector by 5.1%, with an intraday low of Rs. 249, reflecting a decrease of 6.09% at its lowest point. In terms of moving averages, JK Tyre is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained bearish trend. In the broader market context, JK Tyre's one-day performance of -7.01% stands in stark contrast to the Sensex, which only declined by 0.46%. Over the past month, the stock has fallen by 20.72%, while the Sensex has seen a more modest decrease of 5.60%. These metrics highlight the challenges faced by JK Tyre & Industries in the current market environment.