Thursday, 18 May 2017

JK Tyre spikes over 5% post Q4 >> Get Ncdex Tips- Mcx Tips and more

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Shares of JK Tyre & Industries jumped over 5 per cent on the Bombay stock Exchange even after the company reported a decline 24.5 per cent in its consolidated net profit at Rs 92.03 crore for the fourth quarter ended March 31, 2017, compared to Rs 122.30 crore in the corresponding period of last fiscal. In line with benchmark indices, shares of the company gained as much as 5.26 per cent to hit an intra-day high of Rs 177.85 apiece on the Bombay Stock Exchange.

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