JK Tyre & Industries News and Updates

Name: Latest research reports of JK Tyre & Industries Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: JK Tyre & Industries Ltd.
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Author: Geojit BNP Paribas

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JK Tyre & Industries Ltd.

07 Apr 2023

464.65

-0.82%

Anshuman Singhania, Arnab Banerjee are new ATMA office bearers

Business Line

Singhania is serving as MD at JK Tyre while Banerjee is the MD of CEAT

JK Tyre & Industries has gained 26.23% in the last 6 Months

JK Tyre & Industries Ltd.

22 Mar 2023

464.65

-0.82%

International Finance Corp to buy 5.6% stake in JK Tyre for $30 million

Business Standard

JK Tyre & Industries Ltd on Wednesday said World Bank Group member IFC will invest USD 30 million (about Rs 240 crore) to pick a 5.6 per cent stake in the company to part-fund expansion of energy-efficient tyre manufacturing. The investment by IFC in JK Tyre & Industries will part-finance the expansion of manufacturing capacities and integrate advanced, resource-efficient technologies in the production of commercial and passenger car radial tyres, which have better safety and longevity, the company said in a regulatory filing. Subsequently, International Finance Corporation (IFC) will hold a 5.6 per cent stake in the tyre major through the issue of compulsorily convertible debentures (CCDs) on a preferential basis, it added. "The investment aims to bolster the company's capital structure and increase production of energy-efficient radial tyres by more than 10 per cent -- from 32 million to over 35 million tyres a year by 2025," JK Tyre & Industries said. This aligns with ..

JK Tyre & Industries.. has an average target of 445.50 from 2 brokers.

JK Tyre sees double digit growth as small cars, two-wheeler sales coming back

Business Line | 21 Mar 2023 1 more

JK Tyre & Industries Ltd.

21 Mar 2023

464.65

-0.82%

Price hikes not ruled out, situation volatile: JK Tyre President

Business Today

Despite some cool off in last few months, cost pressure on tyre manufacturers remains a concern

JK Tyre & Industries has gained 23.33% in the last 3 Months

JK Tyre & Industries Ltd.

21 Feb 2023

464.65

-0.82%

JK Tyre shares rise on Rs 240-crore fundraising plan

Moneycontrol

JK Tyre & Industries has gained 26.23% in the last 6 Months

JK Tyre & Industries Ltd.

20 Feb 2023

464.65

-0.82%

JK Tyre looks to expand retail presence; bolster presence in SUV, EV space

Business Standard

JK Tyre Industries is looking to expand its retail network across the country by up to 20 per cent over the next 12-18 months, a top company official said on Monday. The company, which on Monday expanded its retail presence in North India by opening six outlets, is also looking to bolster presence in the fast-growing sports utility vehicle and electric vehicle verticals. "We currently have around 650 brand shops across the country. Over the next 12-18 months we expect a 15-20 per cent addition in these outlets as we look to go nearer to the customer," JK Tyre and Industries President (India) Anuj Kathuria told PTI here in an interaction. The company on Monday launched six new brand shops spread across Uttar Pradesh, Haryana and Rajasthan as part of its plans to improve presence especially in smaller towns and rural areas. JK Tyre now has 221 brand outlets in the northern part of the country. "Customer needs are now not limited to the big centres. With growing car parc, customers i

JK Tyre & Industries has gained 23.33% in the last 3 Months

JK Tyre & Industries Ltd.

10 Feb 2023

464.65

-0.82%

JK Tyre to introduce censor-based smart tyres for trucks too

Business Line

The company says the smart tyres will enhance the life of tyres at least by 10 per cent

JK Tyre & Industries.. has an average target of 445.50 from 2 brokers.

JK Tyre & Industries Ltd.

09 Feb 2023

464.65

-0.82%