scorecardresearchJK Tyre bullish on demand, hikes price by 6-7% to offset raw material impact

JK Tyre bullish on demand, hikes price by 6-7% to offset raw material impact

Updated: 19 Aug 2022, 08:12 AM IST
TL;DR.
JK Tyre has not been able to pass on the entire cost increase and further price hikes are under consideration, he said on the sidelines of the launch of two new tyres for the truck and bus radial segments.
A customer and vendor exchange Indian rupee banknotes in Bengaluru, India, on Monday, Aug. 15, 2022. India�s�wholesale�price inflation due Aug. 16 would show price gains easing to 13.75% in July, from 15.18% the previous month, according to a separate survey as of last Friday. Photographer: Samyukta Lakshmi/Bloomberg

A customer and vendor exchange Indian rupee banknotes in Bengaluru, India, on Monday, Aug. 15, 2022. India�s�wholesale�price inflation due Aug. 16 would show price gains easing to 13.75% in July, from 15.18% the previous month, according to a separate survey as of last Friday. Photographer: Samyukta Lakshmi/Bloomberg