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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...
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...
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...
Quite bullish on our international business plans: Arnab Banerjee, CeatThe proportion of this business is gradually increasing quarter-on-quarter that is number one. Number two is that we are improving the rela...
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 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
JK Tyre & Industries climbs 8% after September quarter resultsThe JK Tyre Chairman said import of cheaper Chinese tyres has continued unabated in the truck/bus radial segment, which has been hurting th...
Goodyear Thailand to build $162 million aviation tyre factoryThe demand for radial tyres is expected to improve as new commercial planes use them as standard, because they are lighter than bias tyres ...
JK Tyre to enter two-wheeler sgmt; Q1 profit jumps to Rs 118 croreJK Tyre and Industries had posted a net profit of Rs 55 crore during the same period of the previous fiscal.
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...
Should you bet on tyre stocks?'As the economy picks up, volume growth of tyre companies should return to the long-term average of 8-10% compounded annually.'
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...
- 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 various options for acquisitions overseas: Koshy Varghese, MRF
In an interview with ET Now, Koshy Varghese, Exective VP-Marketing, MRF, talks about the company’s future prospects and acquisitions plans....