Tyre manufacturers — CEAT, Apollo Tyres and MRF — are seeing a stellar ride on the back of a sharp pick-up in demand from OEMs and the replacement segment. Q4 FY21 numbers corroborate the strong pick-up in demand. At the current market price, valuations of these companies look attractive given the demand outlook. Here’s why you should include them in your core portfolio.
first published: Jun 21, 2021 07:38 pm
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