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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