Tyres Stocks Sector Details.

 Auto Ancillaries - Tyres & Rubber Products

Tyres & Rubber Products : 

Passenger Car Tires, Alloy Wheels, Sports Utility Tires, Van Tires, Passenger Winter Tires, Heavy Commercial Tires, Light Commercial Tires, Small Commercial Tires, Agriculture Radial Tires, Agriculture Cross-ply Tires, Off-The-Road Tires, Specialty Vehicle Tires.

Tyres Stocks In India :

Top Three Stocks

Balkrishna Industries Ltd

Balkrishna Industries (BKT) launched its Off-Highway tire business in 1987, despite the fact that the group's foundation dates back to the 1950s. The business has successfully focused on niche markets like agricultural, industrial, construction, and industrial construction, as well as earthmoving, port and mining, ATV, and gardening applications.

Since then, the company's strength has been its ability to innovate thanks to consistent and ongoing investments in R&D, tire technology, tire machinery, and tire manufacturing procedures. Its independent R&D Center in Bhuj ensures research into sustainable materials and innovative product design and development. This includes projects like "the tire of the future" and new compounding techniques that use rubber from the Russian Dandelion TKS as a renewable alternative to natural rubber. It also makes its own carbon black pigments and tire molds in-house. This gives the business a lot of freedom and ensures better quality control throughout the supply chain.

The company's business segment :

The company focuses primarily on the specialty "Off-Highway Tire segment," which includes tires for agricultural, industrial, construction, earthmoving, mining, ports, lawn and garden, and all-terrain vehicles (ATVs), among other applications. Any reputable player in this highly technical and capital-intensive "large varieties low volume segment" must keep a large number of Stock Keeping Units (SKUs) in order to satisfy the diverse requirements of its global customers. The other subsegment—industrial, construction, and mining—is generally regarded as cyclical, and its performance is largely linked to the global economic outlook, whereas the subsegment known as agriculture is generally regarded as non-cyclical. The company's products are mostly sold in Europe, the United States, Australasia, and India.

Products: OTR tires, industrial tires, and agricultural tires

Price Summary

52 WEEK HIGH

₹ 2,450

52 WEEK LOW

₹ 1,690.55

MARKET CAP₹ 43,494.43 Cr.

Start to till Chart process

(Used Chart from Zerodha)

 MRF Ltd.

MRF is an Indian limited liability company whose shares are traded publicly. It was founded on November 5, 1960. The humble shack in Madras where KM Mammen Mappillai set up the first MRF toy balloon manufacturing unit in 1946 is where MRF got its start. It wasn't until 1952 that it veered off course and began producing tread rubber. As a result, it began its glorious reign as the undisputed industry leader in the production of tires.

MRF began exporting its high-quality tires to offices overseas in a number of countries at the beginning of the 1960s. Soon, its global presence was well-known in a number of countries, with tires rolling out of numerous facilities spread across large acres, numerous strong dealer networks, and numerous offices.

MRF's participation in racing, karting, rallying and other motorsport events demonstrates its passion for motorsports. Its rally team has twice won the prestigious FIA Asia Pacific Rally Championship, and even in international championships, MRF karting tyres that have been approved by the FIA are preferred. With ten cutting-edge factories spread across India, the company is ranked among the Top 20 Global Manufacturers and India's largest tyre manufacturer.

Section of the business:

Tires for a variety of vehicles are manufactured, distributed, and sold by MRF. The company provides services for tire shopping, tire racing, and tire maintenance. It offers a training center for drivers. In addition, it is the largest supplier of original equipment manufacturer (OEM) tires in India, offering a wide range of tires for everything from motorcycles to fighter planes.

Products: India's largest supplier of original equipment (OEM) tires with a wide range of tires for everything from motorcycles to fighter planes

Price Summary

52 WEEK HIGH

₹ 96,000

52 WEEK LOW

₹ 63,000

MARKET CAP₹ 39,380.43 Cr.

START TO TILL CHART PROCESS

(USED CHART FROM ZERODHA)

Apollo Tyres Ltd

Since its inception in 1972, Apollo Tyres has established itself as a reputable brand in the tyre manufacturing and retailing industry. The business serves a large number of nations around the world from its headquarters in Gurgaon, India. The company sells its products under the following two international brands: Vredestein and Apollo. Through a vast network of branded, exclusive, and multi-product outlets, these products are available in countries all over the world. Each of the company's brands is geared toward a specific customer need and has its own distinct visual language. The company has been able to offer a wide range of products for a variety of uses across all regions thanks to this strategy, which has resulted in satisfied customers.

Section of the business:

The production and sale of tires are the primary activities of the company. The company focuses on its two main brands, Apollo and Vredestein, but it also owns two smaller brands, Kaizen and Regal, that are specific to a particular region. Tires for passenger, commercial, and off-highway vehicles are available from Apollo and Vredestein. Regal and Kaizen concentrate on the truck-bus tire market.

Products: Passenger Car Tyres, Alloy Wheels, Sports Utility Tyres, Van Tyres, Passenger Winter Tyres, Heavy Commercial Tyres, Light Commercial Tyres, Small Commercial Tyres, Agriculture Radial Tyres, Agriculture Cross-ply Tyres, Off-The-Road Tyres, Speciality Vehicles Tyres.

Price Summary

52 WEEK HIGH

₹ 339.95

52 WEEK LOW

₹ 165.25

MARKET CAP₹ 20,971.03 Cr.

START TO TILL CHART PROCESS

(USED CHART FROM ZERODHA)

Hope everyone like the above data about the top 3 Stocks in tyre sector. there are many more stocks in this sector let me know if you need all the stock details.

Thank you so much for the visit this blog & video.

Please visit the link: http://surl.li/eiwbmhttp://surl.li/eiwbm