WE RECENTLY MET Apollo Tyres and the key takeaways are as follows: (i) demand trends are mixed, with weakness in OEMs but steady replacement demand; (ii) raw material (RM) cost pressures are expected to persist through Q3FY25E, with relief anticipated from Q4FY25E onwards; (iii) pricing actions have been implemented to mitigate margin pressures, although competitive intensity in certain segments remains high; (iv) several measures are being undertaken to address revenue and margin challenges in the domestic market; and (v) a 15% capacity expansion in the passenger car radial (PCR) segment is underway. We maintain our Sell rating.
هذه القصة مأخوذة من طبعة December 17, 2024 من Financial Express Kolkata.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 17, 2024 من Financial Express Kolkata.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Shriram Group arm raises $1.28-bn loan
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Rupee moves closer to 85/$
ON A SLIPPERY TRACK
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New chapter: LEAD Group eyes premium schools
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Country Delight starts 10-15 minute delivery
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Infosys inaugurates ₹426-cr development centre in Bengal
INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.
Subsea cables: Big Tech may get govt support
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Rental housing norms for factory workers this week
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