JK Tyre board approves Rs 1,130 Crore expansion across three tyre plants

Major Capex Above 10pct NetworthCapex & Operations View source PDF Explain this filing

JKTYRE · price

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Price reactionminutes from the announcement price · days from the prior close

+3.1%Reaction day

₹540.00

prior close

₹550.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.5%+0.6% vs market

Tyres & Rubber Products peers, median of 15sector+0.8%+2.3% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 2.3 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+2.5+0.6+0.8+2.3

Next day

+5.9+3.1+2.8+0.8+5.0

+11.7+3.2+8.5+1.8+9.9

+7.6+2.4+5.2+1.6+6.0

+8.6+0.8+7.8+0.3+8.3

+7.3+0.7+6.5-2.5+9.8

+5.3+2.0+3.3-2.4+7.7

15d

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UpDownMarket · Nifty Smallcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Rs 1,130 Crore expansion for TBR, ASLTR and PCR tyres at Vikrant, Laksar and Banmore plants. This will add 6.5 percent capacity, taking total to 204 lakh tyres per annum by Q2FY28. Current utilisation is over 90 percent. Funded through internal accruals and debt. Company cites robust industry demand as reason for expansion.

Likely market impact

Positive: capacity expansion to capture robust demand, funded by mix of internal accruals and debt, modest 6.5 percent addition