SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JK Tyre & Industries surges on plan to double capacity of Chennai manufacturing facility

28 May 2013 Evaluate

JK Tyre & Industries is currently trading at Rs 121.35, up by 3.80 points or 3.23% from its previous closing of Rs 117.55 on the BSE.

The scrip opened at Rs 118.85 and has touched a high and low of Rs 125.95 and Rs 118.85 respectively. So far 29810 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 131.25 on 10-Jan-2013 and a 52 week low of Rs 73.20 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs 125.95 and Rs 112.75 respectively. The current market cap of the company is Rs 482.65 crore.

The promoters holding in the company stood at 47.34% while Institutions and Non-Institutions held 15.92% and 36.74% respectively.

JK Tyre & Industries is planning to double the capacity of its Chennai manufacturing facility to around five million tyres per annum within two years. In this regard, the company will invest over Rs 800 crore. The company has already invested about Rs 900 crore on the Chennai plant and is also in the process of investing Rs 150 crore at its two facilities in Mysore and Kankroli (Rajasthan).

Besides, the company is planning to spend $25 million at its Mexican subsidiary Tornel to augment capacity by 25% in the next twelve months.

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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×