CEAT shares rally 12%, hit 52-week high as Q2 net profit surges 54% on strong GST-led domestic demandCEAT Ltd shares surged to a 52-week high after reporting strong Q2 results, with net profit up 54% and revenue rising 12% YoY. EBITDA margi...
20 Oct, 2025, 02.28 PM IST
Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: IcraDomestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per ...
09 May, 2024, 04.16 PM IST
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...
28 Jan, 2024, 11.33 AM IST
Demand for bigger cars accelerates sales of wider tyresThe demand for wider tires with larger diameters of 18-22 inches has increased since 2020 as the popularity of SUV and MPV vehicles in the ...
24 Jul, 2023, 12.34 AM IST
Margins will go back to double digit territory for tyre companies: Mitul ShahIn terms of demand side, there is a strong order book for OEM PV but semiconductor issue is restricting the production. But still demand re...
06 Jan, 2023, 10.45 AM IST
Bridgestone looks to scale up manufacturing capacity by 10pc next yearA wholly-owned subsidiary of Bridgestone Corporation, the Pune-based Bridgestone India caters to both passenger and commercial tyre segment...
18 Sep, 2022, 04.24 PM IST
Apollo Tyres expects to meet $5-billion revenue target by 2025-26Satish Sharma, President (Asia Pacific, Middle East and Africa), Apollo Tyres, told ET that adoption of electric vehicles (EV) is expected ...
02 Aug, 2022, 12.35 AM IST
Apollo Tyres gears up to meet demand from promising EV segmentThe tyre major is already in discussions with multiple OEMs in India to supply these tyres for the electric vehicles, and will be targeting...
01 Aug, 2022, 04.48 PM IST
Auto stocks that analysts prefer ahead of June sales dataNomura India prefers Mahindra & Mahindra (M&M) due to strong model cycle tailwinds. It also likes Tata Motors and Ashok Leyland. Rising ele...
29 Jun, 2022, 05.37 PM IST
Apollo Tyres’ FY26 goals look ambitious amid cost headwindsThe domestic operations are expected to contribute around $3-3.5 billion to the target revenue, while the European market will account for ...
23 Jun, 2022, 06.25 AM IST
Buy Ceat, target price Rs 1294: ICICI SecuritiesCeat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 4260.61 Crore) operating in Tyres sector.
09 May, 2022, 10.00 AM IST
Domestic demand for tyres to grow 7-9 pc this fiscal: ICRATyre industry revenues (consolidated for ICRA's sample of tyre manufacturers) continue to breach record high levels supported by a growth i...
21 Apr, 2022, 05.35 PM IST
Apollo Tyres Q2 results: Co posts consolidated net profit at Rs 174 crRevenue from operations in the second quarter rose 18 per cent to Rs 5,077 crore as against Rs 4,295 crore in the year-ago period, Apollo T...
30 Oct, 2021, 12.41 AM IST
Market share expansion will be key to CEAT’s future growthTo protect profitability, the company has raised product prices and has plans to reduce costs through higher process efficiency.
13 Jul, 2021, 06.21 AM IST
Kerala floods may wash away tyre companies' profitabilityIndia Ratings said that the margin of tyre companies is likely to shrink by 1.5-2 per cent.
27 Aug, 2018, 04.05 PM IST
Tyre industry to grow by 8% in FY2014-15: ICRARating agency, ICRA expects the Indian Tyre industry to grow by a CAGR of 11%-12% during the next three years (2014-17) with revenues of Rs...
17 Sep, 2014, 12.10 PM IST
- The revenue share for Apollo Tyres from India will come down substantially : Mayuresh Joshi
The management is pretty confident that the operational synergies would result into an $80 million kind of a saving but only time will tell...
13 Jun, 2013, 11.18 AM IST