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TBR IMPORTS
Continental puts brakes on truck-bus radial tyre biz in IndiaContinental will discontinue its truck and bus radial tyre business in India, including its Modipuram plant, by June 2025, due to intense c...- Ceat, Apollo or MRF: Which tyre stock will take your portfolio to its destination?One of the best parts of tyre companies, from a shareholder perspective, is the fact that the earlier economic cycles have taught them a ve...
- Rising radial demand lifts Apollo Tyres’ appealThe company aims to double the revenue to $ 5 billion (RS 36,000 crore) by FY2026 which implies an annual growth of 15 per cent. Revenue ha...
- Indian rubber industry feeling the pinch of US-China tariff warThe Centre has raised the import duty on car radials to 15% from 10% and on footwear to 25% from 20% as part of measures aimed at controlli...
- Ceat topline has seen over 16% growth: Kumar Subbiah“Currently our export is about 12% to 13% of our total revenue and we expect to grow it further.”
- Revival of CV demand to lift margins of JK TyreJK Tyre is investing Rs 275 crore in the brownfield expansion of Cavendish for truck bus radial (TBR) tyres.
- Buy Ceat, target Rs 1,900: JM FinancialBuy Ceat Ltd. at a price target of Rs 1900.0 .
- Multibagger hunters, watch this! 8 stocks from this sector have just soared and soaredFrom 11-listed tyre segment, eight have more than doubled investor wealth since August 2012.
- Tyre companies could post better numbers ahead: AnalystsIn its investigations, the DGAD found that dumping margins for Chinese firms has been up to 40%.
- DGAD recommends anti-dumping duty on truck and bus radial import from ChinaThe authority has recommended imposition of anti-dumping duty on exporter-specific basis in its report and ranging from $245.35 to $452.33 ...
- Outlook changing for tyre makers fast: Stocks have more steam leftSliding oil prices and a correction in rubber would lift investor confidence on tyre cos.
- Chinese are not interested in the Indian Tyre market: Nitesh Sharma, Analyst, PhillipCapital IndiaIndian importers are finding it difficult to source tyres from China now because all the plants in China have allocated their output to the...
- Radial tyre sees import surge, industry seeks anti-dumping dutyIn April-September period of this fiscal, 8.45 lakh TBR tyres landed in India compared with over 6.56 lakh in the corresponding period a ye...
- Truck, radial tyres imports up 40 per cent during April-June quarterOver three years, the imports jumped sevenfold to 4.2 lakh units in Q1. The pace has slowed from 80% in the same period of 2015-16.
- Tyre import up in Apr-May, ATMA calls for anti-dumping dutyIn April-May period of this fiscal, 2.8 lakh TBR tyres have landed in India compared with over 1.8 lakh in the corresponding period a year ...
- Apollo Tyres may see high revenue growth in FY17 with demand recovery in marketsGurgaon based Apollo Tyres, India’s second largest tyre company, is likely to see considerable improvement in its revenue growth in the cur...
- ATMA seeks anti-dumping duty on Chinese tyres as imports surgeMost of the import of TBR in India is from China, whose share has more than doubled to 90 per cent in 2015-16 from 40 per cent in 2013-14, ...
- Apollo Tyres Q2 net profit rises 8% to Rs 279 croreNet sales of the company, however, declined to Rs 2,979.98 crore during the second quarter, as against Rs 3,331.41 crore in the same period...
- Shares of tyre makers fall up to 24% since June 1 on Chinese import concernsCeat has plunged 24 per cent, Apollo Tyres is down 16 per cent, MRF is 10% lower, and Dunlop has declined 9% in the period.
- Truck and bus tyre imports rise 60 per cent in 2014-2015: Automotive Tyre Manufacturers’ AssociationRoughly 25 per cent of domestic replacement demand for TBRs is being met by imported tyres, according to Automotive Tyre Manufacturers’ Ass...
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