JK Tyres a good bet among tyre stocks: Motilal Oswal

Raamdeo Agrawal, Director, Motilal Oswal Financial Services

You last time identified tyre stocks for us and the numbers have been absolutely breathtaking, Apollo Tyres, JK Tyres. Do you still like that space and if yes, which one?

Yes, I hold some JK Tyres.

That is a disclosure.

Yes, that is a disclosure kind of thing but one of the things happening is that the truck segment which is basically tyre business is moving from conventional nylon tyres to radial tyres. In radial, the top player is JK Tyres. So that is where you will see rapid movement, migration from conventional tyres to radial tyres and JK has committed all the mistakes and learnings to deliver a high quality.

So the painful period is behind them now?

Yes behind them.