JK Tyres Share Price going Smooth

JK Tyres share price is currently trading at Rs. 122.55, up by 6 points or 4.60 per cent from its previous closing of Rs. 116.95 on the National Stock Exchange.

The scrip opened at Rs. 117.20 and has touched a high and low of Rs. 123.40 and Rs. 117.20, respectively. So far 15,64,746 shares are traded on the counter with a traded value of Rs. 1,901.17 lacs, as per NSE.

Also, the arm of JK Tyre , JK Tyre Motorsport which is dedicated to motorsports and racing in India, signed The Links India as its digital advertising agency. The account is going to be managed by the agency’s Delhi office.

JK Tyre & Industries Ltd was formed in the year 1951. It is a Mid Cap company which has a market cap of Rs 2667.33 Cr. and operates in Tyres sector.

For the quarter ended 30th Sep 2016, the company has reported a Consolidated sales of Rs. 1805.91 Cr., up 5.99 per cent from last quarter Sales of Rs. 1703.86 Cr. and up 0.84 per cent from last year same quarter Sales of Rs. 1790.91 Cr. Company has reported net profit after tax of Rs. 101.40 Cr. in latest quarter.

JK Tyre share price has a face value Rs. 2 has touched a 52 week high of Rs. 161.40 (06-Oct-16) and a 52 week low of Rs. 73.80 (29-Feb-16).

JK Tyres is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run. In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to JK Tyres share price history.

Source : https://www.dynamiclevels.com/en/current-news/jk-tyre-share-price-161206100127