Rubber Price

Feb 09, 2015 at 10:50 | Source:
Deutsche Bank maintains a buy rating with a target of Rs 250 per share. The brokerage says that Apollo is the market leader in Indian truck tyres which should be the fastest growing segment in the next 12-18 months. It also feels that low rubber and crude prices will continue to aid margins.
Dec 22, 2014 at 12:54 | Source:
According to an agreement, worked out in an meeting with Kerala chief minister Oommen Chandy, tyre companies will buy rubber from local market with 20 percent customs duty and 5 percent purchase tax, over the international price from local dealers.
Dec 18, 2014 at 13:12 | Source: CNBC-TV18
The company is planning to expand its Chennai plant with an investment of around Rs 1,400 crore.
Dec 03, 2014 at 15:40 | Source: PTI
Chandy said further fall in price of rubber would not only adversely affect farmers, but also the state's economy. It would also ultimately hit tyre manufactures in the country, as production would fall with farmers shifting to other crops, he pointed out.
Dec 01, 2014 at 10:06 | Source:
Shares in Indias leading oil marketing companies and aviation firms rose in early trade after international crude oil prices fell to USD 68 a barrel after the OPEC late last week decided to not cut output even in the face of rising gap between demand and supply.
Nov 28, 2014 at 11:48 | Source:
Shares of firms that have a direct positive impact -- oil retailers, aviation firms, paints and tyre companies (where crude is a vital input) -- were among the biggest gainers in the broader market, which itself was up over 1 percent.
Nov 27, 2014 at 13:36 | Source: CNBC-TV18
The company has ambitious plans for doubling their two-wheeler tyre capacity in Nagpur from 10 lakhs to 23 lakh tyres in two years, said Anant Goenka, MD, Ceat.
Nov 26, 2014 at 15:09 | Source:
The companys revenue was up 7 percent at Rs 3361.1 crore versus Rs 3147 crore. Its EBITDA stood at Rs 607.5 crore versus an estimated Rs 436 crore.
Oct 17, 2014 at 12:07 | Source: CNBC-TV18
Subba Rao Amarthaluru, CFO, CEAT anticipates a 10 percent growth in second half of FY15 as plummeting crude prices will reflect in prices of its derivatives such as synthetic rubber, carbon black and nylon tyre chord.
Oct 07, 2014 at 10:45 | Source: CNBC-TV18
In an interview to CNBC-TV18, Koshy K Varghese, Executive Vice-President - Marketing at MRF, said the fall in rubber prices have come post a slide in crude oil prices.
Messages on Rubber Price »


Silver Member



In Q1 fy15, based on fall in rubber prices over last year estimated at 14% by analyst, on a conservative basis there would be savings of 60 crs in bottomline in current quarter. Add this the likely addition in margin due to increase sales at another Rs60 crs, additions to bottom line should

10.18 AM Jul 8th 2014


New Member

0 Follower


EPS over 70 rupees, Very good brand, Low rubber prices, Pick up in Auto sector, Improvement in margin, Significant debt reduction & 10 rs devidend per share

10.00 AM Jul 7th 2014


Platinum Member


TVS Srichakra  

Dear VK, Cheap rubber prices in the intl market have enabled almost all stocks in rubber related segment make huge profit. Believe, TVS Sri shall follow the suit and make newer highs in days to come. It is a hold. Tilak

12.22 PM Jul 3rd 2014


Gold Member


Sintex Ind  

, it will still move and make new life time high if rubber price & import duty will reduced.. my target for ceat is 760 for medium term.. JK and appolo is also a good buy for medium twrm, atleast for next two querter

10.13 AM Jul 2nd 2014


Platinum Member


RS Software our VSTT.The other problem is the high no. of growth stocks available.And with the kind of economic stage we are in,these guys are at an advantage.E.g.: Ceat is still trading at 9x TTM.Rubber prices will stay subdued,but if a CV upturn takes place,topline growth could be high,leading to high

10.51 PM Jun 30th 2014


New Member


Oriental Carbon  

has increased in the non-tire industry. Major product from OCL is Insoluble Sulphur which is mainly used in the tyre industry. Company’s major part of the production of your Company is exported . So fall in rubber price , increasing production of tyre would lead to good balance sheet for OCC

10.07 AM Jun 26th 2014


Platinum Member


Avanti Feeds  

Hi CM.Another one of our favourites: Ceat Ltd.,has had a dream run too.I feel that these are long-term high valuations(yes,Rubber prices are also at long-term lows) & some caution is warranted.Q1 is keenly awaited.Expecting atleast a 23-25 EPS. What`s your take?

11.27 PM Jun 25th 2014


Gold Member


Balkrishna Ind  

historical low prices of raw materials is the main reason ....trouble in Thailand will keep rubber prices low for quite good time ....low rubber prices implies good OPM and growth for these companies ....the other reason is possible revival in economy which will help auto industry to grow

12.11 PM Jun 20th 2014


Platinum Member


Apollo Tyres  

Apollo Tyres is good bet at present and in furthet decline(if happens).Decline in Rubber price is big relief for tyre cos. Apllo tyre still available at attractive valuations. It may hit 240/300 in medium/Long term. Buy and hold with stop loss-180

5.54 PM Jun 14th 2014


Gold Member


JK Industries  

Rubber prices are going down and will remain down for quite some time and at the same time Indian economy is giving signal of improving which means auto companies sales would improve. May figures have shown car sales improving. earlier they were going down. Higher sales with low cost of rubber

2.25 PM Jun 13th 2014

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