Tyre Stocks

Tyre stocks in demand; TVS, JK Tyre, Apollo, Balkrishna, MRF rally up to 7%

Tyre stocks surged in an otherwise subdued market on expectation of margins improvement amid falling raw material price

Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%

CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards

Tyre stocks on a roll; Apollo Tyres hits record high, Ceat 52-week high

The raw material (RM) and other input costs have started softening after a long spell of unprecedented increase, which is likely to improve margins in the medium term for tyre companies

Ceat hits over 4-year high on healthy outlook; stock jumps 60% in 3 months

The company expects the overall tyre industry to perform well due to easing of pandemic-led curbs, pent-up demand from OEMs, and replacement segment.

Tyre stocks in focus, rally up to 8%; Apollo, Ceat register 52-week highs

The tyre industry is expected to perform well mainly due to easing out of pandemic, increasing demand from OEMs and replacement segment.

Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts

Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe

Stocks to Watch: RIL, ITC, TCS, Titan, Cadila, Emami, Lupin, EIH, Tyre

BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.

Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low

The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator's order imposing penalties on them for anti-competitive practices

Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground

The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.

Tyre stocks may continue to underperform as margin worries weigh

Price hikes by companies have not been enough to absorb the sharp rise in input costs

Amid rise in raw material costs, margin pressures to weigh on tyre stocks

Tyre companies may not be able to fully pass on the surge in raw material costs

Demand revival to sustain healthy revenue growth for tyre makers

After a strong Q3, margins may come under pressure due to rising raw material costs

JK Tyre gains 5% on strong Q3 performance by subsidiary Cavendish

The management said increased volumes in truck tyres, both radial and bias, LCV and agricultural tyres have contributed to higher sales

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say

JK Tyre was trading over 8 per cent higher after the company reported a strong operational performance for the September quarter.

Tyre stocks in focus; Balkrishna Ind rallies 9%, hits fresh record high

Apollo Tyres, Ceat, MRF and JK Tyre were up 3 per cent to 7 per cent on the BSE, as compared to 1.3 per cent rise in the S&P BSE Sensex at 12:20 pm

Birla Tyres hits 5% upper circuit as Co to consider fundraising this week

The Kolkata-based firm, which caters to two-wheelers, three-wheelers and commercial vehicles, however, did not share reasons for raising capital.

Tyre stks in focus; JK Tyre, TVS Srichakra gain up to 10% in a weak market

DGFT, vide its June 12 notification, has placed import of major tyre categories in the 'restricted' category from the 'free' category earlier.

Covid-19: Tyre companies face rising inventories, plan production cuts

The lifting of tyre stock from factories and transporting the same to auto manufacturers came to a grinding halt after the government announced a 21-day nationwide lockdown

Indian tyre companies to gain from CVD duty on Chinese imports; top picks

On Tuesday, the government imposed CVD for five years on new pneumatic radial tyres above 16 inches, which are imported from China.