Credit rating agency, CARE has reaffirmed BBB+ rating to JK Tyre & Industries’ Long-term Bank Facilities worth Rs 2,230.80 crore which was enhanced from 1,913.97 crore and A2 rating to Short-term Bank Facilities worth Rs 1,325.30 crore which was enhanced from 1,105.00 crore. The rating agency has also reaffirmed BBB+/ A2 rating to company’s Long-term/ Short term Bank Facilities worth Rs 200.00 crore.
The ratings of JKTI continue to factor in the strength derived from the experience of the promoters, JKTI’s long-track record of operations, its established market position and wide marketing and distribution network
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.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: