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
tightly..like 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
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
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
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
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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