JKTYRE - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | JKTYRE | Market Cap | 11,455 Cr. | Current Price | 397 ₹ | High / Low | 612 ₹ |
| Stock P/E | 13.1 | Book Value | 183 ₹ | Dividend Yield | 0.76 % | ROCE | 18.8 % |
| ROE | 18.4 % | Face Value | 2.00 ₹ | DMA 50 | 398 ₹ | DMA 200 | 419 ₹ |
| Chg in FII Hold | 1.67 % | Chg in DII Hold | -0.05 % | PAT Qtr | 238 Cr. | PAT Prev Qtr | 205 Cr. |
| RSI | 54.8 | MACD | -1.99 | Volume | 6,60,871 | Avg Vol 1Wk | 17,11,349 |
| Low price | 311 ₹ | High price | 612 ₹ | PEG Ratio | 0.21 | Debt to equity | 0.83 |
| 52w Index | 28.7 % | Qtr Profit Var | 138 % | EPS | 25.9 ₹ | Industry PE | 22.3 |
JK Tyre (JKTYRE) shows good potential for swing trading. The current price of ₹397 is near the 50 DMA (₹398) and slightly below the 200 DMA (₹419), indicating consolidation. RSI at 54.8 suggests neutral-to-positive momentum, while MACD at -1.99 reflects mild bearishness. Fundamentals are strong with ROCE at 18.8% and ROE at 18.4%. EPS of ₹25.9 and a low PEG ratio of 0.21 indicate undervaluation relative to growth. Quarterly PAT improved from ₹205 Cr. to ₹238 Cr., showing earnings strength. Debt-to-equity at 0.83 is manageable but worth monitoring.
✅ Optimal Entry Price: Around ₹385–₹395 (near support zone)
📈 Exit Strategy (if already holding): Consider exiting near ₹420–₹430 (resistance zone close to 200 DMA).
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🌟 Positive
- 📈 Strong [ROCE](ca://s?q=Explain_ROCE) of 18.8% and [ROE](ca://s?q=Explain_ROE) of 18.4% indicate efficient capital use.
- 📊 EPS of ₹25.9 supports profitability.
- 📉 Low [PEG ratio](ca://s?q=Explain_PEG_ratio) of 0.21 suggests undervaluation relative to growth.
- 📈 Quarterly PAT growth from ₹205 Cr. to ₹238 Cr. reflects improving earnings.
- 📊 FII holdings increased (+1.67%), showing foreign investor confidence.
⚠️ Limitation
- 📉 Debt-to-equity ratio of 0.83 indicates moderate leverage.
- 📊 MACD at -1.99 signals mild bearishness despite RSI strength.
- 📉 DII holdings decreased (-0.05%), showing reduced domestic investor support.
- 📊 Current volume (6.6 lakh) is lower than weekly average (17.1 lakh), indicating weaker participation.
📰 Company Negative News
- 📉 Domestic institutional investors reduced holdings.
- 📊 Technical indicators show mild bearish divergence.
📢 Company Positive News
- 💡 Strong quarterly profit growth (+138%).
- 📈 Foreign institutional investors increased holdings.
- 📊 EPS and PEG ratio highlight undervaluation relative to growth.
🏭 Industry
- 📊 Industry PE is 22.3, while JKTYRE trades at 13.1, making it undervalued compared to peers.
- 🌐 Auto and tyre sector benefits from rising demand in commercial and passenger vehicles.
✅ Conclusion
JKTYRE is a strong swing trade candidate with entry near ₹385–₹395 and exit around ₹420–₹430. Solid fundamentals, undervaluation, and profit growth support the trade, though moderate debt and weak technical participation warrant cautious monitoring.
Would you like me to extend this with a peer comparison against Apollo Tyres and CEAT to evaluate relative swing trade opportunities in the tyre sector?