Balkrishna Industries’ shares rose 3.4% after Nomura upgraded the stock to “buy,” citing strong growth prospects and attractive valuations....

Ceat's acquisition of Michelin's off-highway tyre (OHT) brand Camso for $225 million is projected to boost Ceat's margins. The deal will in...

Camso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins...

CEAT is acquiring Michelin's Camso off-highway tire (OHT) and tracks business for $225 million. This acquisition gives CEAT a global presen...

Emerald Tyre Manufacturers' ₹49 crore SME IPO opens, closing December 9th. Priced at ₹90-95 per share, the NSE SME listing aims to fund cap...

Balkrishna Industries’ global peers have cut down production as their revenue fell by around 10% in the March quarter, but Balkrishna’s vol...

The brokerage reiterates its BUY rating with a TP of Rs 1,860 (based on ~13x Dec-24 EPS).

The Street has been penciling in EBITDA margin of 30 per cent for the next two fiscal years.

Higher volumes may translate into better margins on account of higher plant utilisation

The BKT stock trades at a 30 per cent average premium over prominent Indian tyre makers.

Recovery in off-highway tyre market to help co in boosting its revenue

Valuation is at a premium of 15x projected earnings; margin growth and entry into new segments will help drive it higher

Data shows four stocks from tyre sector have surged over 5,000 per cent in last 15 years.

KR Choksey Securities has an accumulate call on Balkrishna Industries at a price target of Rs 1,858.

The better volume outlook for the OHT segment should drive volume growth at Balkrishna Industries

Karvy Stock Broking has a buy rating on JK Lakshmi Cement with a target price of Rs 458 citing that it estimates the company’s cement volum...

Balkrishna currently operates at earnings before interest depreciation and tax, or EBITDA, margin of over 20%, which is considered decent i...