Tyre Stocks

Tyre stocks in top gear: JK Tyre, Ceat, MRF surge up to 8% on healthy outlook

Tyre stocks raced ahead on May 21, led by JK Tyre’s robust quarterly results. Stable input costs and margin hopes keep outlook bright

Crude sensitive stocks slump as Brent oil prices surge past $81; HPCL, IndiGo, BPCL slip upto 6%

Brent crude prices hit a three month high amid expectations that recent US sanctions on Russian oil producers will disrupt Russian crude supplies to major importers--China and India.

Paint, tyre stocks tumble up to 5% as crude prices spike on Middle East conflict

Crude oil prices affect the paint business and tyre industries are they are raw material-intensive industry. Rising crude oil rates also increases the cost of producing items.

Falling oil prices fuel gains for paint and tyre stocks

Oil marketing companies (OMCs), including HPCL, BPCL, and IOCL, which had initially been trading positively, gave in to profit booking, with shares slipping by nearly 2 percent.

JK Tyre shares soar over 10% on robust Q4 results

The company reported 56 percent year-on-year (YoY) increase in consolidated net profit to Rs 169 crore in Q4FY24, driven by upbeat demand

Stocks that should be on your radar as Israel-Iran conflict heats up

As the tyre industry uses crude oil derivatives for manufacturing synthetic rubber, tyre stocks will remain in focus as a rise in crude price will hit their margins.

Short Call | Market running out of boosters, AC stocks feel the heat, Tata Tech, Cummins, UltraTech, Eicher in focus

The popular strategy is to sell at the start of the session and then cover the positions in the second half

Rising rubber prices pose threat to tyre companies, says Nomura; tyre stocks down up to 2.5%

Nomura is cautious about tyre stocks as a sharp jump in natural rubber prices poses a threat to the margins of companies in the tyre sector.

Tyre maker off the road: MRF may face margin woes

Kotak Institutional Equities and Motilal Oswal Financial Services have maintained their ‘sell’ rating on India's largest tyre manufacturer--MRF.

Watch: Tyre stocks in focus as rubber prices drop 8% in one month

Rubber prices are down 8% from last month. Join Karunya Rao in conversation with Manisha Gupta to know why and how it will impact you.

Ideas For Profit | Is it time to add tyre stocks to your core portfolio?

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.

Tyre stocks poised for a smooth run; Balkrishna, MRF, CEAT on analysts' radar

In Q2FY21, all the tryre companies registered strong EBITDA margins due to cost-cutting, scale benefits and lower commodity and raw material prices.

Ideas For Profit | Tyre stocks cruising well amid COVID-19 pandemic

In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra finds out how these tyre makers have managed to cushion the shock from coronavirus and whether they make good bets for the long-term.

Tyre stocks rally: Balkrishna Ind jumps 6%, MRF hits record high, Apollo Tyres hits 52-week high

MRF jumped 3.47 percent, hitting a record high of Rs 75,612 per scrip on the NSE while Balkrishna Industries zoomed 6.5 percent and was trading at Rs 1151 per share.

Optimistic on tyre companies from a long-term perspective: KR Choksey Shares

Auto sector is in focus today especially SUV makers like M&M, Tata Motors and Maruti. Reports suggest that the cess on SUVs is likely to increase from 15 percent to 25 percent and the total rate on them will be at 53 percent from earlier announced 47 percent. In an interview to CNBC-TV18, Ankit Merchant of KR Choksey Shares & Securities shared his views and readings on the same.

Anti-dumping duty on cards for Chinese tyres?

Commerce Ministry has recommended anti-dumping duty on Chinese tyres to the Finance Ministry. Tyre stocks gain in trade today on the back of an increased possibility of anti-dumping duty on Chinese tyres.

Here are Nitesh Sharma's views on tyre stocks

Watch the interview of Nitesh Sharma Phillip Capital with Sonia Shenoy and Surabhi Upadhyay on CNBC-TV18, in which he shared his reading and outlook on tyre stocks.

Commerce Ministry meeting domestic tyre manufacturers today

Tyre stocks are in focus ahead of Commerce Ministry meeting today to discuss issue of imposing anti-dumping duty on tyres. Sonia Shenoy of CNBC-TV18 has more details.

Tyre Dealers' Federation not in favour of imposition of anti-dumping duty

In an interview to CNBC-TV18’s Latha Venkatesh & Sumaira Abidi, SP Singh of Tyre Dealers' Federation spoke about why anti-dumping duty is not required according to the Tyre Dealers' Federation.

Bullish on tyre cos; see rubber prices falling to Rs 150/kg: Anand Rathi

Speaking to CNBC-TV18, Milak said though the decline in Chinese dumping along with fall in rubber will give a significant advantage for Indian companies, he cautioned that unless and until these factors sustain for a longer period of time rubber companies will fail to benefit significantly as the inventory carried by them is of around 40-45 days.