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JK Tyre trades higher on inking pact with Ki Mobility Solutions to expand retail presence

13 Jul 2021 Evaluate

JK Tyre is currently trading at Rs. 146.10, up by 2.85 points or 1.99% from its previous closing of Rs. 143.25 on the BSE.

The scrip opened at Rs. 146.00 and has touched a high and low of Rs. 147.45 and Rs. 144.95 respectively. So far 94305 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 156.50 on 18-Jun-2021 and a 52 week low of Rs. 55.00 on 25-Sep-2020.

Last one week high and low of the scrip stood at Rs. 147.45 and Rs. 140.10 respectively. The current market cap of the company is Rs. 3603.59 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 4.76% and 38.43% respectively.

JK Tyre and Industries has further expanded its retail presence with the onboarding of digital automotive aftermarket platform Ki Mobility Solutions. The move is expected to help the tyre maker shore up its market share across two-wheelers, passenger cars and commercial vehicle segments.

This strategic partnership with Ki Mobility Solutions will not just help us in providing 24 hours assistance to the customer but act as a catalyst to strengthen our service portfolio range across the country. With this tie-up, the company is confident of developing a large service network to drive the next phase of growth and deliver best practices in the aftermarket tyre service business.

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.

JK Tyres & Inds. Share Price

423.35 -4.95 (-1.16%)
20-Apr-2026 11:11 View Price Chart
Peers
Company Name CMP
MRF 139935.00
Apollo Tyres 446.05
CEAT 3791.55
Balkrishna Inds. 2314.90
JK Tyres & Inds. 423.35
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