Prabhudas Lilladher recommends buying these 3 tyre stocks with upto 25% upside

Prabhudas Lilladher recommends buying these 3 tyre stocks with upto 25% upside

Tyre stocks have been enjoying an upward rally in the past few months. Major players like Apollo Tyres and JK Tyres have enjoyed a surge of nearly 16% on the charts. With the reports of increase in the price of tyres, the stocks from the sector may come under the radar of investors positioning them … Read more

Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Global tyre manufacturers including the likes of Michelin, Bridgestone, and Goodyear are gearing up to invest in India’s manufacturing sector, with potential entrants Yokohama and Birla Tyre also eyeing opportunities under a government scheme that links imports to local investment, TOI reported on Wednesday. These investments, expected to total around Rs 3,000 crore, mark a … Read more