VERIFIEDET Finance·9 Jul 2026neutral

JK Tyre plans 11%-13% price hikes by September-end

AI Summary

·JK Tyre plans to increase product prices by 11% to 13% by the first half of fiscal year 2027.
·Rising input costs, particularly for petroleum-based materials, are the reason for the planned price adjustments.
·Competitors Apollo Tyres and CEAT have also implemented similar price increases, supported by strong vehicle sales.