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JKTYRE JK Tyre & Industries News Story

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Consumer CyclicalsAdventurousMid CapHigh Flyer

India's JK Tyre rises on quarterly profit jump

** JK Tyre & Industries JKIN.NS rises as much as 6.8% to a more than one-year high of 440 rupees, last up 3.7%

** Co posts first profit rise in five quarters on Monday, helped by strong vehicle sales after GST cuts boosted festive-season demand

** Stock rated "buy" on avg, same as peers CEAT CEAT.NS, Apollo Tyres APLO.NS, per data compiled by LSEG

** YTD, JKIN up ~10%

 (Reporting by Manvi Pant)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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