JK Tyre, MRF, Ceat, Goodyear jump 5 -12% today; what is boosting tyre stocks?

JK Tyre, MRF, Ceat, Goodyear jump 5 -12% today; what is boosting tyre stocks?

Tyre stocks: As the demand forecast improved, the shares of tyre manufacturers such as JK Tyre & Industries Ltd (up over 10%), MRF Ltd (up 4.5%), Apollo Tyres Ltd (up almost 6%), Ceat Ltd (up over 12.4%), TVS Motor Company Ltd (up 2%), and Goodyear India Ltd (up 5.4%) were on a bull run. According … Read more

Bajaj Auto, TVS Motor, Maruti may lead auto sales growth numbers in March. CV, tractors to see muted sales. Here’s why

Bajaj Auto, TVS Motor, Maruti may lead auto sales growth numbers in March. CV, tractors to see muted sales. Here's why

The two wheeler and Passenger Vehicles sales are likely to see their strong sales volume growth momentum continue in the month of March too. The Two wheeler sales momentum caught pace starting November and has continued ever since. Some recovery in rural demand has also helped though base during the month of March was slightly … Read more