ADVERTISEMENT

JK Tyre Industries Shares Surge 15% On Strong December Quarter Earnings

JK Tyre foresees a sustained sales and profitability during the coming period
JK Tyre foresees a sustained sales and profitability during the coming period
Shares of tyre manufacturer JK Tyre Industries rose as much as 15.4 per cent to hit fresh 52-week high of Rs 133.40 on the BSE after it reported strong earnings in quarter ended December 2020. The Delhi-based tyre maker in an exchange filing post market hours on Thursday said that its consolidated profit came in at Rs 224 crore compared with Rs 11 crore during the corresponding period a year ago. 
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit