348.1000 3.55 (1.03%)
NSE Sep 05, 2025 15:31 PM
Volume: 406.9K
 

348.10
1.03%
ICICI Securities Limited
JKT said (1) it expects the demand situation to normalise from Q2FY22E onwards; (2) it added >1,400 dealers in FY21; (3) raw material prices are set to steepen by 10-12% QoQ in Q1FY22E. The company is looking to mitigate the same via calibrated price hikes, premiumisation of products, operating leverage gains and capacity debottlenecking; (4) debottlenecking exercise is set to expand capacity by ~10% over the next 2-2.5 years at a cost of ~| 150-200 crore; (5) net debt as of FY21 was at ~| 4,500 crore and JKT is looking to retire ~| 1,500 crore in the next three years; (6) Tornel revenue...
JK Tyre & Industries Ltd. has gained 27.53% in the last 6 Months
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