JK Tyre (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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JK Tyre & Industries Limited |
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Price: ₹380.75 | ||
| 52 Week Low: ₹355.15 52 Week High: ₹553.95 |
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| Market Capital: 10,390.81 Crore (Midcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: JK Tyre Share Price Target For 2024
- 1.1.1: JK Tyre Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: JK Tyre Share Price Target For 2025
- 1.2.1: JK Tyre Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: JK Tyre Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: JK Tyre Brief Company Overview
- 4: JK Tyre Financial Performance
- 4.0.1: Is JK Tyre A Good Buy For Long Term?
To predict the JK Tyre's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
JK Tyre Share Price Target For 2024
The line chart displays the monthly closing prices of JK Tyre with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for JK Tyre shares in 2024, see the table below.
JK Tyre Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 401.5 (+5.44%) | Price Action: Nov 2024 High |
| 2024 Target 2 | 397.0 (+4.26%) | Price Action: 06 Dec 2024 High |
| 2024 Target 1 | 391.05 (+2.70%) | Price Action: 05 Dec 2024 Low |
| Current Price | 380.75 | JK Tyre's share price as of 20 Dec 2024 |
| Stop Loss 1 | 379.95 (-0.22%) | Price Action: 12 Nov 2024 High |
| Stop Loss 2 | 376.0 (-1.25%) | Price Action: 08 Nov 2024 Low |
| Stop Loss 3 | 371.29 (-2.49%) | Price Action: 14 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: JK Tyre is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹388.99 serves as the nearest technical reference point.
Historical Returns: 3-month: -11.59% | 6-month: -10.69% | 1-year: -3.44%
JK Tyre Share Price Target For 2025
The line chart displays the monthly closing prices of JK Tyre with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for JK Tyre shares in 2025, see the table below.
JK Tyre Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 535.27 (+40.58%) | Price Action: Chart |
| 2025 Target 2 | 525.29 (+37.96%) | Price Action: Chart |
| 2025 Target 1 | 520.09 (+36.59%) | Fibonacci Extension Level 64.90% |
| Current Price | 380.75 | JK Tyre's share price as of 20 Dec 2024 |
| Stop Loss 1 | 341.52 (-10.31%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 338.1 (-11.21%) | Price Action: Chart |
| Stop Loss 3 | 332.01 (-12.81%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: JK Tyre is currently trading near its 52-week low of ₹355.15, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -3.44% | 3-year: +181.33% | 5-year: +436.42%
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Approach 2: Machine Learning By Studying Historical Prices
JK Tyre Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹380.75 | ||
| 2024 | ₹423.02 | +11.10% | ₹429.37 |
| 2025 | ₹475.74 | +12.46% | ₹482.88 |
| 2026 | ₹464.84 | -2.29% | ₹497.53 |
| 2027 | ₹514.38 | +10.66% | ₹546.07 |
| 2028 | ₹594.61 | +15.60% | ₹603.53 |
| 2029 | ₹609.98 | +2.58% | ₹620.63 |
| 2030 | ₹668.93 | +9.66% | ₹678.96 |
| 2031 | ₹639.42 | -4.41% | ₹691.69 |
| 2032 | ₹694.07 | +8.55% | ₹740.22 |
| 2033 | ₹788.76 | +13.64% | ₹800.59 |
| 2034 | ₹796.94 | +1.04% | ₹813.82 |
| 2035 | ₹862.11 | +8.18% | ₹875.04 |
| 2036 | ₹814.00 | -5.58% | ₹885.84 |
| 2037 | ₹873.76 | +7.34% | ₹934.38 |
| 2038 | ₹982.91 | +12.49% | ₹997.65 |
| 2039 | ₹940.39 | -4.33% | ₹954.50 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
JK Tyre Brief Company Overview
JK Tyre & Industries Limited: A Tyre Powerhouse with a Global Footprint JK Tyre & Industries Limited is a renowned name in the tyre industry, operating in India, Mexico, and beyond. Wide-ranging Product Portfolio: Automotive tyres (bias and radial) for...
various vehicle segments Retreads, tubes, and flaps Tyre care services Established Heritage and Market Presence: Founded in 1951, JK Tyre has a strong market presence through its network of Steel Wheels, Xpress Wheels, Truck Wheels, and Retread centers, along with brand shops. Commitment to Excellence: JK Tyre is committed to innovation and quality, reflected in its diverse product range and dedication to customer satisfaction.JK Tyre Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10,390.81 Crore | Market valuation of JK Tyre's shares. |
| Revenue (TTM) | 14,646.8 Crore | Total revenue generated by JK Tyre over the past twelve months. |
| Net Income (TTM) | +7,367,300,096.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +8.50% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +5.03% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-7.10% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-44.20% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
108.44 | Company's total debt divided by total shareholder equity. |
| Total Debt | 5,242.18 Crore | Sum of JK Tyre's current & long-term financial obligations. |
| Total Cash | 783.86 Crore | Total amount of liquid funds available to JK Tyre. |
| Beta | 0.96 | Beta is less than 1 indicating that the JK Tyre's price is less volatile than the market. |
Is JK Tyre A Good Buy For Long Term?
JK Tyre, a mid-cap stock with a market capitalization of ₹10,390.81 crore, presents a mixed picture for long-term investors. While its ₹14,646.8 crore revenue (TTM) and 3-year return of 380.95% are positive, recent performance is concerning. A significant debt of ₹5,242.18 crore (Q2 2024-25) coupled with a -44.2% YoY earnings drop and -18.79% return over the past three months raises flags. The 5.03% profit margin is modest. Considering these factors, JK Tyre is an average buy for the long term, requiring careful monitoring of its debt reduction and revenue growth trajectory.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
