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Listed Tyre Companies In India

  • chantedelamothe
  • Nov 17, 2023

Listed Tyre Companies In India – The Indian automobile sector has seen significant expansion and the demand for premium tires has increased over the past decade. Hence, the Indian market now boasts of a large number of tire companies, each showcasing a variety of products to cater to different consumer needs.

Just like choosing the right tires for your car for a comfortable driving experience. Equally important is making the right decision to invest in tire company stocks when considering investing your earnings.

Listed Tyre Companies In India

Listed Tyre Companies In India

When buying tires, type of vehicle; Factors like driving conditions and budget are taken into consideration, but before investing in any tire company’s stock, there are important metrics and financial indicators to consider. These key indicators include sales and growth. Profitability and its growth; profitability, return ratio; debt structure; Performance sharing and other relevant factors can be added to make informed investment choices.

Top 10 Tyre Companies In India

Tires are an integral part of any vehicle and its performance. Safety and fuel economy prevail. As the Indian automobile industry continues to grow rapidly, it is expected to become the world’s third largest market by 2026. The demand for tires has increased significantly due to the increase in automobile production, which has resulted in the growth of the tire industry in the country.

Each of the aforementioned companies brings their own unique strengths and contributions to the table. When analyzing their past stock returns; With 100% profitability of these three companies, it is clear that they are superior to others. These leading companies are Apollo Tires. CEAT tires and JK tires.

But while MRF is the most expensive stock in the entire Indian stock market. It is worth noting that compared to the previous year, it managed to present a modest return of 28%. On the other hand, Balakrishna Industries, which holds the top spot in terms of market capitalization at Rs 47,000 crore, posted a return of just 5.89 percent during the same one-year period.

Let’s take a quick look at CEAT Ltd’s latest quarterly results announced by the company yesterday. CEAT reported a year-on-year growth of 4.14% in revenue, with revenue rising to Rs 2,935 crore from Rs 2,818 crore.

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The company’s operating profit showed a significant increase compared to Rs 387 crore in the same quarter last year. This growth resulted in an operating profit of 13%. CEAT posted a net profit of Rs 144 crore for the same period, the highest profit in the last eight months.

Additionally, a dividend of Rs.12 per share was proposed by the Board of Directors held on 04 May 2023 and approved by the shareholders at the AGM held on 05 July 2023. This resulted in the transfer of the company. 4,854 lakhs in dividend escrow account on 10 July 2023.

Disclaimer: This blog is written for educational purposes only. The securities listed are examples only and are not recommendations. It is based on several secondary sources on the Internet and is subject to change. Consult an expert before taking any relevant decision.

Listed Tyre Companies In India

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Top 10 Tyre Companies In India 2021

Please note that by submitting the above details you are registered under DND but you are authorized to call/SMS us. We will call you within 12 months. The four tires on the four corners of your vehicle are more important than they seem at first glance. They are the main connection between the road and the car and are essential for transferring the car’s power to the ground to propel you forward. Tires play an important role in your vehicle’s handling and performance, so it’s important to consider all the tire options available to you. This includes understanding what each tire brand in India has to offer. Here’s everything you need to know about the best tire brands in India.

Quality is absolutely essential, so it is important to be informed about the best tire brands in India to use while buying tires. A reliable tire is a great indicator of a safe and enjoyable trip. As a result, you want to choose tires from reputable Indian tire manufacturers that follow best practices.

The tread pattern of a tire can tell a lot about the quality of the tire. Various combinations of compounds are used in the tire manufacturing process. They determine many of the tire’s attributes.

Different tire treads and compounds are used for different terrains. These allow the tire to cope with different weather and road conditions. This is where tire brands in India differentiate themselves from each other.

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For safety reasons, it’s important to get the right size tires for your vehicle. Road accidents can be caused by improperly fitting tires that make the heel hard or fall off while driving.

Numbers are meaningless to the untrained eye; A tire’s sidewall can be mistaken for a collection of letters and symbols. The size of the tires is hidden in them. But how and what is more important? what is the meaning of this?

A good class makes very little noise. The tire tread pattern determines how much noise is heard inside the vehicle. Radial tires are aerodynamically designed to produce low rolling noise.

Listed Tyre Companies In India

Potholes are common on Indian tracks. Radial tires are a godsend when it comes to tackling these dangerous obstacles. Radial tires offer a good balance of comfort and durability. These features are essential for passenger vehicles.

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High quality tires extend tire life. Tires last longer with the right mix of soft and hard compounds. Their dressing rate is gradually increasing. Also, keep the following tips in mind to extend the life of your tires.

It is important to note that what may be the best tire for someone may not be the best choice for you.

Your tires may have excellent features and not be of good quality. Because two interrelated factors determine the good or bad quality of a tire.

For example, high-performance tires have a smooth surface. They are designed to prevent bamboo. They won’t be able to handle off-roading because they aren’t meant for it. They lack the ‘rubber’ needed to deal with off-road conditions and rough terrain. You can put the world’s biggest tire brand on your car, but its quality means nothing if you don’t use it for the job it was designed for.

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Madras Rubber Factory, also known as MRF or MRF Tires, is an Indian company. Headquartered in Chennai, Tamil Nadu, it is a global tire manufacturer.

MRF is India’s largest tire manufacturer, accounting for about 25% of total tire sales in the country. The brand has a prominent presence in over 65 countries and 10 different manufacturing facilities. MRF has also been involved in motorsports for over two decades, sponsoring several racing events.

These tires have more rubber in the tread pattern for better grip in the longitudinal and lateral directions, resulting in better control and longer tire life.

Listed Tyre Companies In India

Founded in Haryana in 1972, Apollo Tires has grown to become one of the largest tire brands in the country with a market share of over 18%. Apollo Tires, India’s second most popular brand, is also the world’s 15th largest tire manufacturer by production volume.

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The company has seven manufacturing sites in more than 100 countries. five in India; It has a strong presence in Europe and worldwide with two R&D centers.

CEAT Tire was founded in Italy in 1924 and incorporated in India in 1958. One of the oldest tire brands in the country with a strong global presence. The company now holds about 11% market share and covers virtually every automotive market.

Integrated shoulder blocks and premium 3D groove wall technology provide excellent cornering stability. The silica-rich compound provides superior traction and reliable braking.

The high-mileage tire has been optimized to increase rubber mass in the tread area and reduce shoulder depth, with improved tread and a softer compound for improved durability for aggressive handling.

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The CEAT Fuel Smart tire features a unique compound block that reduces friction between the tire tread and the surface, resulting in reduced tire noise and improved fuel efficiency.

Asymmetric tread design provides superior grip to make your high-speed rides a breeze. . Built with an open tread design for better navigation and terrain.

JK Tires was incorporated in Delhi in 1974 and has grown to become one of the leading tire manufacturers in the country. JK tires were also rated “Best in Class” by Car Age.

Listed Tyre Companies In India

JK Tire has a unique presence in 105 countries and over 180 global distributors. The company is currently the market leader in the bus and truck radial tire segment.

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At high speeds, asymmetric tire design and variable draft groove technology contribute to better control. Multi-pitch setting for a smooth ride at high speeds

Bridgestone is the world’s largest tire manufacturer. Now the corporation is located in Japan. Founded in Tokyo in 1931, Dance of India was founded in 1996.

Bridgestone Tires have become one of the attractive options for OEMs and consumers in the Indian market due to innovative innovations.

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