Six tyre companies’ shares rose 2.65% to 11.50% on the BSE on fall in rubber prices.At 11.12 am, JK Tyre & Industries up 11.50%, Dunlop India up 7.79%, CEAT up 6.01%, Goodyear India up 4.62%, MRF up 4.14% and Apollo Tyres up 2.65%.The fall in rubber prices on Monday (March 14, 2011) to Rs185 per kilogram from Rs201 last week benefited the domestic tyre manufacturers like Apollo, Ceat and JK Tyres among others.A fall of over Rs16 per kilogram in a day will help companies improve their operating profit margins in the first and second quarter of next financial year.
Showing posts with label Apollo tyres. Show all posts
Showing posts with label Apollo tyres. Show all posts
Tuesday, March 15, 2011
Sunday, March 13, 2011
4 Stocks For This Week
ITC Ltd,
Cmp:171.25,
Action:Buy,Hold,
Target:211.
Orchid Chemicals &Fertilizers Ltd,
Cmp:282.15,
Action:Buy,
Target:332.
Unity Infraprojects Ltd,
Cmp:56.30,
Action:Buy,
Target:112.
Apollo Tyres Ltd,
Cmp:66.20,
Action:Buy,Hold
Target:91.
Cmp:171.25,
Action:Buy,Hold,
Target:211.
Orchid Chemicals &Fertilizers Ltd,
Cmp:282.15,
Action:Buy,
Target:332.
Unity Infraprojects Ltd,
Cmp:56.30,
Action:Buy,
Target:112.
Apollo Tyres Ltd,
Cmp:66.20,
Action:Buy,Hold
Target:91.
Monday, February 7, 2011
It was a sedate start to the week. The key benchmark indices witnessed a rangebound trade amid volatility and closed on a flat note with a positive bias. Lack of conviction among investors led to quiet session. Select buying by funds and also late profit booking eroded early gains. The broader market underperformed the Sensex.
Stocks to Watch Tomorrow,
Cmp:95.25,
Action:Buy,
Target:105.
Cmp:52.40,
Action:Buy,
Target:91.
Cmp:97.85,
Action:Buy,
Target:120.
Cmp:18.90,
Action:Buy,
Target:35.
Subscribe to:
Posts (Atom)