Tag: Apollo Tyres
Tyre firm margins hit as floods impact rubber tapping in Kerala
Chennai: The devastating floods in Kerala have sharply impacted natural rubber (NR) production and will pinch the tyre industry’s raw material margins.
Kerala accounts for...
Kerala floods impact: Rubber prices surge, tyre firms seen affected
Domestic tyre companies may have to import rubber to bridge any supply gap.
Rubber prices have surged after staying benign for a long time, which...
Floods hit rubber output in Kerala, M’sian exports may rise
KOCHI, India/MUMBAI: The death toll from the southern Indian state of Kerala's worst floods in a century has risen to 79, a government official...
India: Tyre stocks skid on rising oil prices
Margins to get hit if the trend continues
Tyre stocks have been slipping due to rise in crude oil prices as crude-based raw materials such...
Apollo Tyres net sales up 22 percent in the fourth quarter...
Gurgaon, India - The board of directors of Apollo Tyres Ltd. approved the company’s audited financial results for the fourth quarter (January to March)...
India: Tyre companies up prices by 1-3%
Chennai: First it was the car and SUV companies that hiked prices earlier last month and now tyre companies are following suit. A number...
India: Tyre stocks rise as natural rubber prices fall
Tyre stocks were witnessing upward momentum on the bourses on Wednesday after rubber price in international markets fell to its lowest in two weeks....
India: Tyre stocks drop on firm rubber prices
Key benchmark indices languished in the negative terrain in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, was down 140.81...
India may impose anti-dumping duty on certain Chinese tyres
India may impose anti-dumping duty of up to $452.33 per tonne on a certain variety of Chinese pneumatic radial tyres to guard domestic players...
Soaring rubber price punctures profits at Apollo Tyres
Apollo Tyres’ consolidated revenue growth of 10% was hardly enough to cover the 33% run-up in rubber price (average for the quarter) from a...
