JK Tyre shares rise for 4th straight day to hit 52-week high, surge over 20% YTD; here’s why

JK Tyre shares extended their recent winning streak to a fourth straight day as the company’s stock rose 5.7% intraday on NSE to hit a 52-week high of ₹604.45.

As of 2:00 pm, JK Tyre shares are trading 5.3% higher at 602 apiece on NSE, with a day high of ₹604.45 and a day low of ₹569.35. So far in 2026, JK Tyre shares have gained over 20%, supported by upbeat quarterly earnings.

In the December quarter, JK Tyre and Industries reported a 295% YoY jump in consolidated net profit to ₹207.7 crore, as compared to ₹52.6 crore a year ago, while its revenue from operations stood at ₹4,223 crore, up 14% YoY. EBITDA jumped 81% to ₹571 crore from ₹315 crore, while operating margin expanded sharply to 13.5% from 8.6% a year ago.

As per the management, JK Tyre delivers a strong quarterly earnings on the back of healthy automobile demand supported by goods and services tax (GST)-led reforms, festive season momentum, and positive rural sentiments. The management also said that margins are expected to stay above 13% going forward.

During the third quarter, JK Tyre’s domestic business posted 16% YoY growth, aided by 27% rise in OEM segment volumes and a robust replacement segment demand that expanded 11%.

Along with the quarterly earnings, JK Tyre also announced a ₹1,130 crore capital expenditure plan to expand capacity across truck and bus radial (TBR), all-steel light truck radial (ASLTR), and passenger car radial (PCR) segments. The expansion is expected to increase overall capacity by around 7%.