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Buy this @ 70 , showing excellen strength keep stop loss @ 68 , Friday Target is 77 ... Happy Investing......
As per expanssion program `OTR` production on card.
Hard currency rates are very attractive.
Till Balkrishna was sole producer of OTR has gained about 40% in last 2week only.
Than why not J K TYRE...?!...
NSE Announcements on JK Tyre & Ind
Posted by :
MMB MessengerJk Tyre & Industries Limited has informed the Exchange regarding the press release dated April 29, 2009 titled "JK TYRE RECORDS GOOD PERFORMANCE". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Since last many months affected by some cheaper import.
Government has taken some hard steps to protect domastic tyre ind.
Thus imported tyre coastlier...
& direct positive effect will reflact on domastic tyre companies, So not only `JK` but CEAT, Goodyear, Balkrishna, are looking good from last few days....
why would the stock be going up???
I am new to trading...
...
why is everyone saying jk tyres is going to up??? Any specifics... I am new to trading:)...
BSE Announcements on JK Tyre & Ind
Posted by : MMB MessengerJK Tyre & Industries Ltd has informed BSE about the Unaudited financial results for the Quarter & 18 months Year ended March 31, 2009....
Govt. shall take further steps to protect import of radial tyre from Chiana & S. Korea by adding `SAFE GUARD DUTY`
April-Dec/08 import was Rs137/- Which is double now touched Rs.267cr.
Due to these factors domastic Tyre is is affected badly.
Ultimately future is bright at CMP
Also watch on GOOD YEAR ...
JK Tyre & Industries announced that it will spend Rs 2.70 billion for expanding its production capacity of off-the-road (OTR) tyres by 2011, reports Business Standard.
The company is adding fresh capacity of 9,000 units per annum at its Mysore plant to take the total to about 44,000 tyres a year in the next 2 years.
The increase in capacity is done with a view to enhance presence in the local market and later explore opportunities in the overseas market.
It would invest Rs 1.20 billion for adding a capacity of 4,000 tyres till March 2010 to its existing production strength of 35,000
For information,with regards
rvk41...
Must cross Rs.100/- mark in 90days.
Sure pure gold...
Share is still looking good. Hold....
Share is looking good. Hold....
Share is looking good at current market rate. Hold...
Share is looking good at current level. Buy for LT....
Buy this share for LT investment....
