Healthy volume-led growth in Q4 FY25, though margins remained under pressure due to high raw material prices.
Tyre makers are headed for a rough patch as the price of natural rubber has surged more than 33 per cent on-year in just the first five months of this fiscal amid strong demand and crunched supply, which could strain profitability, CRISIL said in a statement.
Geojit Comtrade has come out with its special report on natural rubber. According to the research firm, expected trading range for the medium term is around Rs 21000-19800-14500. However It has resistance around Rs 18500-18950 levels.
Geojit Comtrade has come out with its report on Rubber. According to the research firm, it has support at around Rs 16100-16040 and resistance at Rs 16400-16550.
Geojit Comtrade has come out with its report on Natural Rubber. The research firm says for the day Rubber prices may inch up towards Rs 16500-16650, if holds the downside side support of Rs 16250.
Geojit Comtrade has come out with its report on Rubber. According to the research firm, it has support at around Rs 16200-16140 and resistance at Rs 16500-16700.
Geojit Comtrde has come out with its report on Natural Rubber. According to the research firm, Rubber prices require clearing the congestion range of Rs 16850-17050 to continue the positive momentum. Slippage past Rs 16100 could induce weakness again in the near term.
Geojit Comtrade has come out with its report on Natural Rubber. According to the research firm, Rubber prices clearing stiff resistances of Rs 16380-16500 last week, the weakness has lessened considerably. Now, Rs 17050 will be the next major hurdle upside, which it requires to clear to continue the positive momentum.
Geojit Comtrade has come out with its report on Natural Rubber. According to the research firm, successful attempts to clear the stiff obstacle in Rubber prices placed at Rs 15950-16050 ranges are likely to lift prices towards Rs 16250 or more. Else, anticipate higher level selling.
Geojit Comtrade has come out with its report on Natural Gas. According to the research firm, As long as Rs16250 caps upside in Rubber prices, prices may succumb to higher level selling and slippage past Rs 15500 to strengthen the prevailing bearish trend.
Geojit Comtrade has come out with its report on Natural Rubber. The research firm says Rubber has resistance at 16050-16240 and support at 15700-15540.
Geojit Comtrade has come out with its report on Natural Rubber. According to the research firm, trend for Rubber is sideways to negative in near term. It has resistance at Rs 15960-16050 and support at Rs 15700-15540.