May 18, 2018 / 4:42 AM / 5 months ago

BUZZ-India's JK Tyre & Industries rises on Q4 profit surge

** Shares of JK Tyre & Industries Ltd rise as much as 7.8 pct to 155.7 rupees, post their biggest intraday pct gain since Feb 12

** Co’s consolidated net profit surged 63 pct to 1.45 bln rupees ($21.37 mln) for fourth quarter ended March 31

** Co has an estimated PE of 276.91, far exceeding the sector average of 55.16

** Up to Thursday’s close, stock down 2.2 pct this year

$1 = 67.8550 Indian rupees

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below