Business Standard

Sunday, December 22, 2024 | 11:39 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tyre stocks on a roll. JK Tyre soars 27% in 2 days, Ceat hits 52-week high

Apollo Tyres, MRF and Balkrishna Industries were up in the range of 2% to 5% on the BSE.

India witnesses an upswing in truck and bus radial tyres import
Premium

SI Reporter Mumbai
Shares of tyre companies were on a roll for the second straight day with JK Tyre ralling 27 per cent in past two trading days, after the company reported a strong operational performance with margins hitting a four year high of 15.6 per cent in July-September quarter (Q2FY21).

At 01:29 pm; JK Tyre & Industries was trading 10 per cent higher at Rs 76.70 on the BSE. Volumes jumped over five-fold. A combined 9.5 million equity shares have already changed hands on the counter on the NSE and BSE. In comparison, the S&P BSE Sensex was up 0.40 per

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in