JK Tyre shares increase by more than 12% after company releases consolidated sales numbers

JK Tyre & Industries released their consolidated sales number on Jan 21, 2021 for the third quarter which ended on Dec 31 and reported the consolidated net profits at Rs.230.46 crore, a multi fold jump in the profits and now the shares of the company are trading at more than 12% increase. The stocks are trading at Rs.132 or 13% high

  • Revenue from Operations : Rs.2769.28 crore
  • Exceptional Items (Foreign Exchange) : Rs.40.18 crore
  • Net Profits : Rs.10.27 crore

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