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PASSENGER CAR RADIAL
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...
After challenging FY25, Apollo Tyres looking ahead with cautious optimismApollo Tyres anticipates growth after a challenging FY25, focusing on strategic execution and future investments, according to Chairman Onk...
JK Tyre to get 30 mn euros long term loan from German entityJK Tyre & Industries secured a €30 million loan from Germany's DEG to expand its passenger car radial tyre facility in Madhya Pradesh. The ...
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...
CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV salesTyre maker CEAT Ltd aims to capitalize on the growth in passenger vehicle sales in India, expecting a boost in demand for replacement tyres...
Expect Q4 to be a decent quarter in terms of growth versus Q3: Ceat CFOThe CFO of Ceat, Kumar Subbiah, prioritizes overseas export growth, aiming to increase it from the current 18-19% of revenue share to aroun...
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...
CEAT sees 25% revenues coming from exportsAs part of a plan to accelerate exports, the RPG Group company plans to enter PCR and truck & bus radial (TBR) segment of the US market by ...
Ceat lowers capex for FY20 by 20%As against the plan of investing Rs 1400 crore this financial year, Ceat will be investing Rs 1100 crore.
Ceat lines up Rs 3,500 crore capex to ramp up production capacityThe RPG Enterprise flagship firm said it has already put in capital to expand its Halol plant.
There is an opportunity to grow 7-10% in current year: Kumar Subbiah, CEATNew plants will have a favourable impact on growth starting from Q4, says CEAT CFO
Michelin's Chennai plant to raise 2015 production by over 45%Michelin will significantly raise 2015 production by over 45% to 16,000 tonne from 11,000 tonne, riding on a growing demand for radial tyre...
Ceat Q2 profit at Rs 77 cr; to invest Rs 650 crore on Halol plantThe company is planning to invest Rs 650 crore to expand its Halol-based manufacturing facility. Its Sri Lankan operations too apparently c...
JK Tyre Q2 net down 5% at Rs 64 croreJK Tyre and Industries today reported a 5 per cent drop in consolidated net profit at Rs 64 crore for its second quarter ended September 30.
- Lower raw material input prices, product mix have resulted in higher margins: Arun Kumar Bajoria, JK Tyre
The higher margins is primarily due to the lower raw material input prices and also the product mix in the truck, bus radial tyres and also...
- Looking at growth of 20% in volume and 40% in value: Anant Goenka, Ceat
Fall in rubber prices will benefit Ceat from end of Q2 or early Q3, says Anant Goenka, Deputy MD, Ceat.
- Special import duty likely on radial tyres too
The government plans to impose a special import duty on passenger car radial tyres to protect the domestic industry, which is affected by a...