Page 6 - Jk Tyre

With 2017's hurdles behind it, JK Tyre to invest close to Rs 5 bn in 2018

Amidst revival in the demand and Government push for Make-in-India efforts, tyre major J K Tyres is planning to invest around Rs 500 crore to increase its capacity.Arun Bajoria, Director & President (International Operations), JK Tyre & Industries Ltd said that the year 2017 has been full of challenges, including the lingering effects of demonetisation and high raw materials prices that have impacted the industry in January-March quarter and the following two quarters, followed by GST affected production of OEMs, particularly the commercial vehicles.But now things are looking better as we look forward as most of the economic parameters are looking better. Structural reforms, including demonetisation and GST have disrupted the Indian market."The upcoming scenario for Q4 looks positive, the economy is predicted to grow, the automobile industry and tyres, which we mainly deal in will grow," said Bajoria.He added, other Centre's initiatives like anti-dumping duty on import of ...

Campaign logic: Setting safety wheels in motion

JK Tyre's ad urges drivers to shed their casual attitude and take to reliable tyres for a safe ride

JK Tyre plans to raise up to Rs 1,000 cr via securities

JK Tyre shares today ended 1.82 per cent higher at Rs 1,11.75 apiece on BSE

JK Tyre's net declines 10%

Net profit declines to Rs 101.4 crore

JK Tyre's net profit declines 10% to Rs 101.4 crore

Revenue, however, grew over five per cent to Rs 2,070 crore mainly due to inclusion of the sales from the Birla Tyres,

JK Tyre rolls out 10 million radial tyres

JK is the largest player in domestic truck and bus radial tyre segment, tyres has been rolled out from company's Vikrant facility in Mysore

JK Tyre completes Rs 2,200 crore acquisition of Kesoram's tyre unit

Buyout funded through mix of equity as well as debt