JK Tyre and Industries rises on approval to amalgamate with Cavendish Industries

JK Tyre & Industries

21/11/2025 06:07

** Shares of JK Tyre and Industries JKIN.NS rise as much as 2.3% to 461 rupees, stock currently up 1%

** Co gets approval from India's company law tribunal for its amalgamation of Cavendish Industries with itself

** Stock rated as "Hold" on average by 5 analysts, median PT at 480 rupees, as per data compiled by LSEG

** YTD, stock up 16.7%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))