A bullish brokerage note on JK Tyre gets the entire sector buzzing; Stocks rise up to 11%
Brokerage firm Emkay has reiterated its “buy” recommendation on JK Tyre. However, its price target of ₹700 per share implies a potential upside of ₹700 per share. A channel check conducted by Emkay indicated that the trucking industry fundamentals and sentiments are healthy. It expects the commercial vehicle industry to enter an upcycle from financial …