JK Tyre is a leading manufacturer of tyres in India with presence across commercial vehicles (CV's), passenger vehicles (PV's) and two-wheeler tyres. It commands a dominant 32% market share in the truck and bus radial (TBR) segment. The company derives ~87%/13% of its revenues from Indian/Mexican markets. EBITDA margin witnessed significant recovery with 512 bps YoY (439 bps QoQ) expansion...