BLOOM IN THE GLOOM
Ali On Content / 04 Jan 2010
BSE Code: 500877
CMP: Rs 48.50
Volume: 2014939
With the rise in rubber prices the analyst community is expecting an earnings’ decline in the tyre industry. But there are some counters, which are expected to benefit on the price discipline followed by those companies. The buzz is that Apollo Tyres will be an outstanding performer as the contribution from the recent international acquisition becomes more visible. Investors can take exposure with a medium-term perspective.
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