JK Tyre & Industries is currently trading at Rs. 132.40, up by 4.35 points or 3.40% from its previous closing of Rs. 128.05 on the BSE.
The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 135.05 and Rs. 126.85 respectively. So far 308156 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.75 on 25-Jan-2021 and a 52 week low of Rs. 31.50 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 135.05 and Rs. 121.40 respectively. The current market cap of the company is Rs. 3287.18 crore.
The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 6.14% and 37.63% respectively.
JK Tyre & Industries has inked a memorandum of understanding (MoU) with National Automotive Test Tracks (NATRAX) to develop a test track at Pithampur in Madhya Pradesh. NATRAX is one of the automotive testing and certification centres under NATRIP, a flagship project of the Ministry of Heavy Industries. The Pithampur track will be used to test the safety aspect of tyres. It would be testing its future range of products at the facility upon its completion.
JK Tyre & Industries is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.
