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.
Diese Geschichte stammt aus der December 17, 2024-Ausgabe von Financial Express Kochi.
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Diese Geschichte stammt aus der December 17, 2024-Ausgabe von Financial Express Kochi.
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Porsche billionaires are in a tight spot, again
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EPFO weighs higher equity investments
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Indian firms turn to euro, yen swaps to trim borrowing cost
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IIT-Madras to offer fine arts, culture courses
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The world's busiest airline routes in 2024 are largely in Asia
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Not even 2% work-linked higher education courses yet: Report
EDUCATION-INDUSTRY MISMATCH
KYC masking to go live on Jan 20
DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS
