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JK Tyre & Industries rises on reporting seven-fold jump in its Q4 net profit

16 May 2012 Evaluate

JK Tyre & Industries is currently trading at Rs. 81.55, up by 3.10 points or 3.95% from its previous closing of Rs. 78.45 on the BSE.

The scrip opened at Rs. 80.05 and has touched a high and low of Rs. 83.40 and Rs. 80.05 respectively. So far 78,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.90 on 20-Jul-2011 and a 52 week low of Rs. 53.50 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs. 83.40 and Rs. 75.00 respectively. The current market cap of the company is Rs. 334 crore.

The promoters holding in the company stood at 47.34% while Institutions and Non-Institutions held 9.13% and 43.53% respectively.

JK Tyre & Industries has reported nearly seven-fold increase in its standalone net profit for the fourth quarter ended March 31, 2012 at Rs 86.34 crore. The company had posted a net profit of Rs 12.46 crore in the corresponding period last year.

The standalone total income went up by 13.16% to Rs 1,523.55 crore in the fourth quarter of last fiscal from Rs 1,346.35 crore in the year-ago period.

For the entire 2011-12 financial year, JK Tyre & Industries posted a consolidated net loss of Rs 31.99 crore as against a net profit of Rs 65.91 crore in the previous fiscal.

However, the consolidated total income during FY12, however, rose by 16.20% to Rs 6,947.10 crore from Rs 5,978.77 crore in FY11.

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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