Rising input costs may deflate tyre cos’ near-term prospectsShares of CEAT have declined 17 per cent in the last one-month while MRF and Apollo Tyres have dropped 7 per cent and 5 per cent, respectiv...
Buy ITC with 6-12-month horizon: Rahul ShahIf you are a long-term investor, there is a lot of value in the company at the current market price, says VP-Equity Advisory, Motilal Oswal...
Tyre cos yet to raise local rubber buyTyre traders said that despite lower prices in the domestic market, tyre companies are not buying.
We are great fans of OMCs and NBFCs: Sandeep Dhingra, Ashiana Capital“I am still playing with the oil marketing companies if you ask me where the multiples are. We are playing a little bit on the auto side bu...
Tyre cos skid as 'cheap' imports flood local marketATMA said imported tyres accounted for an estimated 20 per cent of the local market for truck and bus radial tyres for which new capacities...
Regional Trade Agreements Hurt Domestic Tyre CosUnder Asean FTA, Indo-Sri Lanka, India-Singapore or India-Malaysia trade agreements, NR is in the negative list leading to no duty concessi...
- Aditya Birla leads $800 mn race to buy US co
Aditya Birla Group has emerged as the frontrunner to acquire US-based Columbian Chemicals Company ,-the world’s third largest carbon black ...
- Tyres: Fall in rubber price puts cos on secure road
Stock prices of Indian tyre companies such as Apollo Tyres, JK Tyre, Ceat and MRF have climbed up 25-30% over the past three months, despit...
- Tyre cos again seek rubber imports
The high decibel campaign launched by rubber growers and the user-industries to protect their respective interests has brought into sharp f...
- Heard on the Street: NSE includes 6 more cos in F&O list
The National Stock Exchange on Tuesday included six more companies in its list of securities eligible for futures & options (F&O) trades.
- Rise in rubber prices dents tyre cos' margins
Tyre makers are likely to raise prices further by 20% if govt does not allow duty-free import of natural rubber.
- Tyre cos seek lowering of import duty on natural rubber
Indian tyre companies today said that they want the government to reduce import duty on natural rubber and incentivise making of radial tyr...
- Rubber price hike, lower demand puncture tyre cos
The competition-worn tyre industry is gearing up for another round of rubber price hike. Despite increase in both imports and stock, rubber...
- Apply WTO-approved curbs to ban imports, advises CoS
Commerce department, which restricted import of a number of items from China this fiscal by allowing only actual users to import them throu...
- Second stimulus package on the cards to boost growth
Second stimulus package could also include monetary measures such as cuts in CRR and SLR by RBI. Global stimulus pkg | India battles crisis...
- Tyre & steel cos face probe for cartel bid
Taking its fight against inflation forward, the government has asked the fair trade regulator MRTP Commission to probe into suspected carte...
- Slipping rubber prices to aid tyre cos
Rubber prices fell to around Rs 76 levels on Wednesday, a decline of nearly 15% over the past one month.