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CONSTRUCTION EQUIPMENT 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 ...- 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 ...
- Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...
- GST rate cut on tyres to bring down vehicle operating and logistics costs: ATMAThe Automotive Tyre Manufacturers' Association (ATMA) welcomes the GST Council's decision to lower tyre GST rates to 18%. ATMA believes thi...
- Ceat completes acquisition of Camso OHT, tracks businessCeat has finalized its acquisition of Michelin Group's Camso off-highway tyres and tracks business, marking a significant step in Ceat's am...
- Ceat expects Camso integration to boost its topline by 10-15%Ceat anticipates a 10-15% revenue boost following the integration of Camso, acquired from Michelin for USD 225 million. This acquisition pr...
- 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...
- 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...
- Construction, PV segments to boost tyre industry: JK Tyre CMD Raghupati SinghaniaTo ride on the momentum, the market leader in truck and bus radial tires is embarking on an expansion. It has planned a capital expenditure...
- Small cap stocks Chalet Hotels, Apollo Tyres and CEAT hit fresh 52-week highsAction Construction Equipment is a leading manufacturer of construction equipment, specialising in cranes, material handling, and agricultu...
- Govt proposes stricter safety norms for construction machineryThe Ministry of Road Transport and Highways (MoRTH) has come out with a draft notification for construction equipment vehicles that address...
- Earthmoving Equipment: Types of machines commonly used and their applications in constructionThey are used for a wide range of earthworks including laying foundations, grading soil, removing dirt and rocks, digging trenches, demolit...
- In farms and mines, BKT treads the growth trackThe BKT stock trades at a 30 per cent average premium over prominent Indian tyre makers.
- 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...
- Apollo Tyres raises Rs 2,260 crore debt for greenfield plant in HungaryApollo Tyres on August 26 announced that it has successfully closed about Rs 2,260 crore financing for its greenfield plant in Hungary.
- Paradip Port Trust signs agreement with PICTParadip Port Trust (PPT) today signed a concession agreement with Paradip International Cargo Terminal (PICT) for construction of a Rs 430 ...
- Michelin Tweel production beginsThe Tweel is a revolutionary, unconventional tyre design that primarily addresses the problem of flat tyres
- L&T, Kobe Steel ink JV for tyre & rubber industry equipmentL&T has been in the rubber processing machinery business for over four decades, offering world renowned tyre curing presses and tyre buildi...
- BEML sings MoU with SAIL for supply of earth moving equipmentPublic sector construction equipment company Bharat Earth Movers Ltd today signed a memorandum of understanding with country's largest stee...
- BEML floats JV to enter mining operationBharat Earth Movers Ltd has entered into a joint venture agreement with Hyderabad-based Midwest Ltd and Sumbermitra Jaya of Indonesia to en...
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