FIIs buy stake in JK Tyre

JK Tyre & Industries Ltd. | Tyres & Allied | Automobiles | BSE: 530007 | NSE: JKTYRE

25 Nov 2014 Evaluate

Foreign institutional investors (FIIs) bought shares of JK Tyre and Industries through open market. Merrill Lynch Capital Markets Espana has purchased 207,841 shares of the company at Rs 536.24 per share via bulk deal.

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.

Peers

Company Name	CMP
MRF	124380.25
Apollo Tyres	412.40
JK Tyres & Inds.	348.60
Ceat	3432.80
Balkrishna Inds.	2171.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.