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JK Tyre trades higher on the BSE

20 May 2014 Evaluate

JK Tyre & Industries is currently trading at Rs. 233.00, up by 12.45 points or 5.64% from its previous closing of Rs. 220.55 on the BSE.

The scrip opened at Rs. 222.45 and has touched a high and low of Rs. 238.80 and Rs. 212.05 respectively. So far 215656 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 238.80 on 20-May-2014 and a 52 week low of Rs. 80.05 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 238.80 and Rs. 186.50 respectively. The current market cap of the company is Rs. 962.23 crore.

The promoters holding in the company stood at 47.34% while Institutions and Non-Institutions held 8.33% and 44.33% respectively.

JK Tyre will double its capacity at its greenfield plant at Chennai by the end of this year. The work for the capacity expansion at Chennai plant is going on. The company will start production at Chennai plant from November- December.

The expansion is being carried at an investment of Rs 1,500 crore. Currently, the company is producing 16,000 radial tyres per day of car and trucks and the figure would be 32,000 per day following the commissioning of the expansion project.

JK Tyre & Industries is the flagship company under the umbrella of JK Organization. JK Tyre is the pioneer for Steel Radial technology in India. Over the years, the company has expanded and diversified its business portfolio. It has developed into a multi product, multi-location corporate entity.

JK Tyres & Inds. Share Price

428.30 8.35 (1.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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