Volume growth of tyre companies remained healthy, supported by robust momentum in both the OEM and replacement segments, along with continued premiumisation, said Ceat management.
MRF's Q3 revenue from operations increased 15 per cent Y-o-Y to ₹8,050.43 crore from ₹7,000.82 crore in Q3FY25. Sequentially, revenue was up 9.1 per cent from ₹7,378.72 crore in Q2FY26
Since December 11, the stock price of JK Tyre has appreciated by 10 per cent after the HDFC Mutual Fund acquired 257,305 equity shares or 0.09 per cent stake in the company via open market purchase.
Apollo Tyres has given a breakout from its Inverse Head and Shoulders pattern. The stock closed with a positive bias on higher volumes, indicating strong buying interest.
Tyre manufacturers such as MRF, which supplies to automakers including Hyundai Motor India and Bajaj Auto, rely heavily on vehicle sales for a significant portion of their revenue
Tyre maker MRF reported 29.29 per cent YoY profit growth in Q4FY25 while FY25 net profit fell due to rising input costs; revenue rose 11.8 per cent for the full year
MRF Q3FY25 results: The board of directors announced a second interim dividend of Rs 3 per equity share (30%) for the financial year ending March 31, 2025
PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.
Here's a technical outlook on stocks linked to crude oil prices, which is down 23% from its peak and trades near 3-year lows. Among stocks, Asian Paints and MRF look favourable on charts; here's why.