The stock jumped 16 per cent to Rs 121.90 at the BSE.
On the NSE, it soared 16.16 per cent to Rs 121.80.
JK Tyre & Industries had yesterday reported 55.53 per cent jump in consolidated net profit at Rs 91.81 crore for the third quarter ended December 31, 2014, on account of company's focus on radial tyres.
The company had reported consolidated net profit of Rs 59.03 crore in the October-December quarter of last fiscal.
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