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BUS AND TRUCK TYRES
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsFrom a macro perspective, it is clearly a good time to be bullish. But as valuations remain high in parts of the market despite the recent ...
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...
JK Tyres lines up Rs 4,900 crore capex plan till FY30JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence...
JK Tyre charts Rs 4,900 crore capex to scale up capacity by 24% through FY30JK Tyre has planned a Rs 4,900 crore capital expenditure through FY30 to expand production capacity by nearly 25%. The company reported str...
JK Tyre Q4 Results: Profit soars 80% to Rs 178 crore, to invest Rs 4,980 crore on expansionThe tyre maker, which announced an investment of Rs 4,980 crore to expand tyre manufacturing capacity for trucks and buses by 2030, had rep...
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 commissions new line at Chennai plant to produce truck, bus radial tyresCeat has inaugurated a new production line for truck and bus radial tyres at its Chennai plant. This expansion will gradually reach a capac...
Centre extends anti-dumping duty on bus and truck tyres from China by three monthsAccording to a notification by the Central Board Excise and Customs (CBEC), the anti-dumping duty on these Chinese products lies in the ran...
Apollo to ship tyres from Chennai and Hungary for US/Canada marketsApollo Tyres will sell the truck and bus tyres in the US and Canada under the Apollo brand. The company is already present in the passenger...
Tyre companies hope for 'achhe din' with fall in Chinese importsImports of truck and bus radials (TBR) have dropped by around 50% to 75,000 tonnes a month after the government imposed anti-dumping duty i...
Chinese imports clouding 'Make in India' drive: Apollo TyresResponding to a query, it said the biggest dilemma facing the industry is Chinese imports and there is nothing that any manufacturer can do...
JK Tyres net falls 14.3 per centIt is a matter of concern that chinese tyres continue to flood Indian market, more particularly, in the truck/bus radial segment, chairman ...
Apollo Tyres Q4 net dips 20% to Rs 245 croreNet sales of company declined to Rs 2,966.11 crore for the fourth quarter, as compared to Rs 3,133.93 crore during the same period of previ...
Domestic tyre companies seek protection against dumping from ChinaIn order to cut imports from China, the domestic industry also wants strict adherence to Bureau of Indian Standards mark on tyre products.
Government examining anti-dumping probe on Chinese radial tyresThe government is looking at anti- dumping and anti-subsidy duty investigations on imports of radial tyres from China to protect domestic m...
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...
JK Tyre Q2 net profit up 16 per cent at Rs 76.45 croreThe company had posted a consolidated net profit of Rs 65.78 crore in July-September quarter previous fiscal, JK Tyre said in a statement.
- Michelin to hire about 200 people in India this year
French tyre major Michelin today said it will hire about 200 people in India this year as it gears up to start production from its Chennai ...
- JK Tyre plans Rs 1,200-cr expansion
JK Tyre today said it will invest Rs 1,200 crore in the next three-four years for capacity addition which includes setting up a new plant i...
- MRF tops TNS' customer satisfaction index
Tyre manufacturer MRF has been rated as the most preferred brand for truck and bus tyres in terms of customer satisfaction followed by Ceat...