Mar 06, 2014 at 11:58 | Source: CNBC-TV18
Dispelling any worries about the recent fire in its Bhandup factory, A Subba Rao, chief financial officer, CEAT, says that there has been no loss of sales, though there were some losses on the production side for abour 48 hours.
Feb 17, 2014 at 10:41 | Source: Forbes India
The Apollo-Cooper merger was announced on June 12, 2013. A day after the announcement, the price of the Apollo Tyres stock, which is traded on the National Stock Exchange of India and the Bombay Stock Exchange, dropped from the previous days close of Rs 92 to Rs 68.60 per share
Feb 12, 2014 at 11:41 | Source: CNBC-TV18
Despite muted topline growth, operational performance will improve due to lower input cost pressure. Average rubber prices have fallen 9 percent sequentially to Rs 160 per kg in December quarter as against Rs 176/kg in September quarter.
Feb 06, 2014 at 18:25 | Source: CNBC-TV18
Speaking to CNBC-TV18's Sonia Shenoy, Koshy K Varghese, Exective VP- Marketing at MRF said the drop in rubber prices did not help the company's EBITDA margins as other input costs went up.
Dec 24, 2013 at 16:35 | Source: CNBC-TV18
Terming the governments recent decision to increase the import duty on rubber prices as "retrograde", Arun Bajoria, President, JK Tyre, said the move was in contravention of the governments position of increasing competitiveness in the rubber sector.
Dec 23, 2013 at 08:36 | Source: PTI
"In recent months, prices of rubber in the domestic markets have fallen considerably. The fall in prices is stated to be due to increased imports," the Finance Ministry said.
Dec 02, 2013 at 15:08 | Source: Moneycontrol.com
Shares of tyre and footwear companies have rallied over the last three months on weakening rubber prices. Rubber prices crashed to a 3 -year low last week on heavy imports by local tyre companies.
Nov 21, 2013 at 12:26 | Source: CNBC-TV18
A Subba Rao, CFO, says Ceat continuously monitors both international and domestic markets and takes appropriate decision at that point of time whether domestic rubber purchase is better or international rubber purchase is better.
Nov 08, 2013 at 13:05 | Source: Moneycontrol.com
Geojit Comtrade has come out with its report on rubber. The broad trend is bearish, however, Rs 15550 if held downside may call for a pullback towards Rs 15800-15950 seems possible. However, a direct fall below Rs 15550 will drag prices further lower, says the research firm.
Nov 01, 2013 at 09:40 | Source: Reuters
The two biggest gainers among the 59 tyre and rubber companies in the Thomson Reuters Global Index over that period were CEAT Ltd and JK Tyre and Industries Ltd , which rose 51 percent and 39 percent respectively.