JK Tyre is trading at ₹306.55, down 5.09%; no verified October 23 company announcement was found explaining the decline. - Reports indicate JK Tyre had already been falling for several sessions and reached a reported 52-week low on October 22. - A board meeting was scheduled for October 23 to consider Q2 and half-year results, but available sources do not establish those results as the cause of this move.