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CAVENDISH INDUSTRIES LTD
JK Tyre completes Cavendish Industries merger, boosting capacity and product portfolioJK Tyre & Industries has finalized the merger of its subsidiary, Cavendish Industries Ltd. This integration is expected to boost operationa...- JK Tyre gets USD 100 mn sustainability-linked loan from IFCJK Tyre & Industries received a USD 100 million sustainability-linked loan from IFC, including USD 70 million for subsidiary Cavendish Indu...
- Stocks in news: Tata Steel, Torrent Power, TVS Motor, JK Tyre, FirstsourceStocks in news: Domestic markets closed slightly higher on Monday, continuing Friday's recovery. Key stocks in focus include Tata Steel, To...
- JK Tyres board approves merger of Cavendish IndustriesJK Tyre and Industry Ltd's board has approved the merger of Cavendish Industries Ltd. The amalgamation aims to house all businesses under o...
- JK Tyre Q1 Results: Net profit zooms 37% YoY to Rs 211 cr; total income falls to Rs 3,655 crJK Tyre & Industries recorded a 37% rise in net profit to Rs 211 crore for the first quarter of FY25, compared to Rs 154 crore in the same ...
- JK Tyres Q3 results: Net profit falls 77% to Rs 54 crRevenues from operations in the period under consideration rose 11 per cent to Rs 3076.03 crore.
- JK Tyre Q2 results: Net drops 41% YoY to Rs 65 croreRaghupati Singhania, Chairman and Managing Director, said, “JK Tyre has been attaining continuous sales growth despite partially disrupted ...
- J K Tyre Q4 results: Net profit rises to Rs 195 croreRevenues from operations in the period under review stood at Rs 2927.28 crore, which is an increase of 63% over Rs 1792.56 crore recorded i...
- JK Tyre Q3 results: Net profit grows manifold to Rs 230 croreConsolidated sales during the quarter under review touched a record high at Rs 2766 crore, which is an increase of 26% over the year-ago pe...
- JK Tyre jumps 18% as tyre stocks rally, Sachin Bansal invests in the companyFlipkart co-founder Sachin Bansal bought 1.34% stake in the company, becoming one of the largest individual shareholders, according to BSE ...
- JK Tyre resumes partial operations at manufacturing plants across countryThe tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) an...
- J K Tyre & Industries aims to reduce debt by over 50% in three years, banks on exports and replacement mkt to de-risk bizAlready sitting on a debt of Rs 5000 crore, the company has decided to defer Rs 675 crore investment by a year in Cavendish Industries (a f...
- Revival of CV demand to lift margins of JK TyreJK Tyre is investing Rs 275 crore in the brownfield expansion of Cavendish for truck bus radial (TBR) tyres.
- Cavendish Industries gets a turnaround after takeover by JK TyreJK Tyre & Industries said they have managed to turn the unit around, reduced conversion costs and have posted profit before tax (PBT).
- JK Tyre & Industries shares tank post Q1 resultsAt 9:42 am, shares of the company were trading at Rs 101.35 apiece, down 3.57 per cent from its previous close on BSE.
- Will see impact of integration of Birla Tyre’s Kesoram unit from Q3: Arun K Bajoria, JK TyresWe took over the Kesoram plant on 15th of April it was closed. We started the first sale from 15th of May. So really 15th of May to 30th Ju...
- JK Tyres acquires Cavendish Industries for Rs 2200 croreJK Tyre & Industries said it has completed acquisition of Cavendish Industries which houses three tyre business undertakings of Birla Tyres...
- Cavendish acquisition will help us enter the high-growth 2&3 wheeler market: Raghupati Singhania, JK Tyres"The details of the deal are simple. Birla Tyres wanted to sell off this asset. The has 10 lakh capacity in tyres, tubes and flaps."
- JK Tyre drops over 3% on Rs 2,200 crore buyout; Kesoram Industries ralliesKesoram Industries surged 13.76 per cent to hit its intraday high of Rs 116.20. JK Tyres, on the other hand, fell 5.2 per cent to hit its i...
- JK Group to buy Kesoram's Haridwar tyre unit for Rs 2,200 croreJK Group will acquire BK Birla flagship firm Kesoram Industries' tyre manufacturing plant at Haridwar for up to Rs 2,200 crore.
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