JK Tyre Shares Skyrocketed 10% on Rs 1,400 Crore Capacity Expansion Plan – Equitypandit
Shares of JK Tyre and Industries Ltd skyrocketed 10% on 22 May after the company announced an investment of Rs 1,400 crore in Passenger Car Radials (PCR), Truck and Bus Radials (TBR), and All Steel Light Truck Radials (ASLTR) tyres in phased manner over the next two years to accommodate the consistent growth in demand from…