CARE upgrades long-term rating of JK Tyre & lndustries Ltd

CARE Ratings Ltd. (CARE) has upgraded the Long-term rating for Bank Facilities of JK Tyre & lndustries Ltd to CARE AA- from CARE A+ and reaffirmed the Short-term Bank Facilities rating of CARE A1+. The outlook has been revised from Positive to Stable.

Shares of JK Tyre & Industries Limited was last trading in BSE at Rs. 405.10 as compared to the previous close of Rs. 407.75. The total number of shares traded during the day was 90467 in over 3394 trades.

The stock hit an intraday high of Rs. 411.15 and intraday low of 404.35. The net turnover during the day was Rs. 36752470.00.

Source : Equity Bulls

Keywords

JKTyreandIndustries INE573A01042 RatingUpgrade OutlookRevision