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OTR TYRES
Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...- Balkrishna Industries shares rise 3% as Nomura upgrades to buy, sees 22% upsideBalkrishna Industries’ shares rose 3.4% after Nomura upgraded the stock to “buy,” citing strong growth prospects and attractive valuations....
- Smallcap tyre stock rises 19% this week. Here’s whyThe shares of TVS Srichakra rallied 3.5% to Rs 3,668 in early trade on Friday. However, the stock was trading 0.4% lower at Rs 3530, at 11....
- Buy Balkrishna Industries, target price Rs 2661: ICICI SecuritiesBalkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 43419.04 Crore) operating in T...
- Commodity supercycle to help Balkrishna stay in fast laneDespite a challenging year due to the pandemic, Balkrishna posted a double-digit volume growth of 12.6% in FY21 aided by a pick up in agric...
- 50 pc employees at Vizag plant to be women: Yokohama Off-Highway TiresCurrently, 7 per cent of its total workforce are women, and there are 108 women on the shopfloor, he said adding that over the next two yea...
- Busy farms in Europe & US bring Balkrishna a rich export harvestAccording to the data from the Ministry of Commerce, India’s export of agriculture tyres rose by 49% year-on-year to Rs 519 crore in August...
- Balkrishna’s volume growth may skid on lower metal, agri pricesCompany’s stock may not be able to maintain the premium valuation it used to enjoy historically.
- Balkrishna to retain edge on higher volume, rupee fallThe Street has been penciling in EBITDA margin of 30 per cent for the next two fiscal years.
- Upbeat US outlook improves traction for Balkrishna IndustriesHigher volumes may translate into better margins on account of higher plant utilisation
- Buy Innovative Tyres & Tubes, target Rs 100: Rakesh BansalBuy Innovative Tyres & Tubes Ltd. at a price target of Rs 100.
- In farms and mines, BKT treads the growth trackThe BKT stock trades at a 30 per cent average premium over prominent Indian tyre makers.
- Rise in tyre demand, product mix to drive Balkrishna’s growthRecovery in off-highway tyre market to help co in boosting its revenue
- Hope to grow at 15-20% in a better biz scenario going ahead: BK Bansal, Balkrishna IndustriesIn a depressed scenario, we have grown in a single digit but in a better scenario we hope to grow in double digit, says BK Bansal, Balkrish...
- Michelin enters high-performance bicycle tyre segment in IndiaThe company has introduced its premium road range, mountain bike range and city trekking range as it looks to tap the potential in India, M...
- US initiates anti-dumping probe into tyres from China, IndiaThis is for the first time that anti-dumping investigations have been launched into the tyres coming to the US from India, while Chinese ty...
- Apollo Tyres to invest euro 500 million in Eastern Europe"We are still negotiating with Eastern European countries. This is the first time Apollo is looking at greenfield facility outside India"
- JK Tyre's Q4 net up 82 pc at Rs 25.5 croreJK Tyre & Industries today reported a net profit of Rs 25.5 crore for the quarter ended March 31, as against Rs 14 crore in the same period...
- CARE assigns 'A', 'PR1' rating to JK Tyre & IndustriesCARE has assigned ‘PR1’ rating to the commercial paper / short-term debt programme aggregating Rs 20 crore of JK Tyre & Industries Ltd.
- BEML enters MoU with Steel Authority of IndiaBEML Limited has entered into a Memorandum of Understanding with Steel Authority of India Limited (SAIL).
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