Tyremakers are on a roll but watch out for bumps3 min read 09 Jan 2023, 10:44 PM IST
The important factor tyre investors need to focus on is the sector’s capital expenditure intensity.
Tyremakers were on a roll in CY22, with shares of most companies rallying by 20-45%. This strong move was fuelled by softening prices of natural rubber and crude derivatives, improving the sector’s margin prospects.
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