JK Tyre and Industries shines on inking supply agreement with JBM Auto

06 Apr 2021 Evaluate

JK Tyre & Industries is currently trading at Rs. 116.35, up by 1.90 points or 1.66% from its previous closing of Rs. 114.45 on the BSE.

The scrip opened at Rs. 115.45 and has touched a high and low of Rs. 116.45 and Rs. 115.20 respectively. So far 10045 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. 39.00 on 07-Apr-2020.

Last one week high and low of the scrip stood at Rs. 120.90 and Rs. 107.50 respectively. The current market cap of the company is Rs. 2818.11 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 and Industries has inked a supply agreement with JBM Auto. As per the pact, the tyre maker will supply its 'SMART' radial tyres for JBM Auto's Citylife (CNG) and Ecolife electric buses. JK Tyre and JBM Auto have joined hands with the objective of developing smart mobility solutions incorporating the latest technology that offers optimum durability and performance.

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

387.80 6.65 (1.74%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
MRF 130337.55
Apollo Tyres 532.00
CEAT 3040.45
JK Tyres & Inds. 387.80
Balkrishna Inds. 2815.40
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