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AGRICULTURE TYRES
For investors with ability to understand and take risks: 6 small-caps from different sectors with upside potential of up to 26%The mood across global markets is not great at this point of time. News headlines point in directions we would rather they did not. But suc...
Make in India efforts showing results as import dependence falls in key sectors despite global shocks: Bank of BarodaIndia's manufacturing sector is becoming more self-reliant. Import dependence is falling in electricals, chemicals, and capital goods. This...
These large- and mid-cap stocks may give more than 25% return in 1 year, according to analystsFor the last few earnings seasons, the message has been: “Show me growth, I have the money.” Stocks with better-than-expected earnings saw ...
Onion farmers stage protest against government's procurement prices in Nashik, block Mumbai - Agra National highwayOnion farmers protested on the Mumbai-Agra National Highway in Nashik demanding higher prices for their produce. Opposition leaders includi...
ET Family Business Awards: Off the beaten highway, A ticket to ride in 160 countriesBalkrishna Industries Ltd, or BKT, is a major player in the global off-highway tyre market. Exports are crucial, driving significant revenu...
Microplastics in India’s agriculture: A growing problem demanding urgent actionA new roadmap by NAAS emphasises national monitoring, improved waste management, and biodegradable alternatives to combat the growing crisi...
ET Prime Special Series: Multibagger or Bankrupt - Part 53: All vehicles need this auto ancillary’s product, but its EV future is still taking shapeThis auto ancillary is not trying to be many things at once. It has stayed in one technical lane for years and built its business around a ...
Buy, Sell or Hold: Citi upgrades Dr Lal PathLabs; JM Financial initiates coverage on Balkrishna IndustriesBrokerages like Morgan Stanley, Citi, and JM Financial remain selectively positive on Indian equities, spotting opportunities in sectors li...
ATMA urges govt to not treat tryes on par with luxury product, calls for 5 pc GSTAutomotive Tyre Manufacturers Association requested the government to reduce GST on tyres. They want the rate to be five percent instead of...
Higher share of off-highway tires business to boost overall business margins: Anant GoenkaCeat'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...
Ceat to acquire Michelin's Camso brand for USD 225mnCamso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins...
CEAT inks pact with Michelin to acquire Camso brand's OHT, tracks biz for about $225 mnCEAT is acquiring Michelin's Camso off-highway tire (OHT) and tracks business for $225 million. This acquisition gives CEAT a global presen...
Tolins Tyres IPO opens for subscription. Should you apply?Tolins Tyres IPO: Tolins Tyres' IPO is open for subscription from September 9 to 11, with a price band of Rs 215-226 per share. The company...
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...
Upside looks limited for Balkrishna Industries on slowing demand trendBalakrishna caters to the agriculture, and industrial sectors including mining.
Balkrishna’s valuation premium over tyre peers likely to deflateThe application of off-highway tyres is in the agricultural and mining sectors.
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.
Upbeat US outlook improves traction for Balkrishna IndustriesHigher volumes may translate into better margins on account of higher plant utilisation
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...
Biggest private equity exit? Kohlberg Kravis Roberts & Co may drive out of Alliance TireWith the value of the company said to be pegged at $1.5 billion, a deal at that level will mark the biggest PE exit from an Indian company.