JK Tyre raises Rs 500 crore via Qualified Institutional Placement
The QIP funds will be used for growth capex and strengthening the balance sheet.
The QIP funds will be used for growth capex and strengthening the balance sheet.
The company's diverse range of cutting-edge products caters to various industrial and mining applications.
The project is expected to be funded by way of equity, internal accruals and debt.
The company's subsidiaries Cavendish Industries and JK Tornel, Mexico, continue to perform well, with a significant co...
The judging criteria will center on four main aspects: line, angle, style, and speed.
With an overall ESG score of 78 out of 100, JK Tyre has been regarded as the best among peers.
CARE has also upgraded the outlook of Cavendish Industries Limited, a subsidiary of JK Tyre, to 'stable' from 'negativ...
The company had raised Rs 240 crore in March from IFC, a part of the World Bank Group, with a focus on investments in ...
JK Tyre's revenue from operations increased by 13% to Rs 3726 crore in Q1 FY24 from Rs 3643.03 crore in Q1 FY23.
The phase one expansion, involved an investment of Rs 312 crore. The expansion will increase the annual production cap...