Hey folks, ever watched a stock you ignored suddenly skyrocket and kicked yourself for missing the bus? JK Tyre's smashing its 52-week high at ₹427, up over 40% in six months, thanks to a monster Q2 FY26—net profit leaped 62% to ₹227 crore on 11% revenue surge to ₹4,011 crore. Raw material costs dipped, rural demand roared back, and exports jumped 13%, pushing shares to ₹431 recently. This isn't luck; it's solid momentum you can't sleep on.
Back in 1951, a small West Bengal firm ditched managing agencies to chase tyre dreams, snagging a license in 1974 amid India's industrial boom. Part of the legendary JK Organisation—sparked by visionaries Lala Juggilal and Lala Kamlapat Singhania in 1918—these Marwari pioneers built an empire from cotton mills to global tyres. By 1990, JK Tyre birthed India's first radial tyre, conquering roads from Jaipur to Mexico via Tornel acquisition.
Why the Breakout Feels Electric?Volumes exploded 15% domestically, EBITDA margins hit 13% with smarter ops and subsidiaries like Cavendish shining. Dr. Raghupati Singhania's crew nailed higher-margin products amid GST tweaks and US trade talks. From ₹243 lows in March, it's pure breakout fire—feels like that underdog story hitting jackpot, right? Heart-pounding for us small investors dreaming big.
Analysts eye ₹600-850 by 2026 on sustained growth. By 2030, bullish vibes peg ₹3,000-4,000 if tyre demand and exports hold. Stretch to 2035-2040? Could touch ₹5,000+ with EV tyres and global push, but watch rubber prices and economy—pure speculation, yet thrilling.
No comments:
Post a Comment
Blog kaisa laga, please likh kar bataye ♥️