It`s not only the sales that you look for....a lot of other factors that you have to look at it n rather than comparing mrf Apollo or ceat keep an eye on international rubber prices....all this feel good factor in tyre company can take a u turn if the rubber prices are not in favour....so keep
11.01 AM Apr 23rd
not catch market fancy owing to promoter repute / higher debt in balance sheet. Now that the stock finally has caught attention, in case the 4th quarter result comes out well, with rubber prices likely to remain subdued for next 2-3 quarters, stock is likely to appreciate 30-40% from here. warm regards!!
11.12 PM Apr 21st
This one scrip is on the rise continously slowly but steadily , Q1 results seems to be very good , with the new government coming in and impetus for agriculture and a good monsoon , low rubber prices and economy retoring back - there should be no looking back to this scrip . Its high time
7.01 PM Apr 10th
Rubber price went down today Drastically, going down for past 6 months continiously. Vietnam also producing surplus rubber. Surplus rubber production in Thailand already made rubber to hit all time low, Soon Rubber will be sold for free of cost by these countries due to limited storage capacity
9.47 PM Apr 9th
Hi Utsav,, whts the negative news from thailand? it looks like due to thai selling rubber prices will plunge .. which is a good news to apollo tyres right since their raw material cost will go down?Please clarify..I am planning to buy 170PE due to technical level
8.33 PM Apr 9th
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