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Ideas for Profit | Higher input cost, weak demand weigh on profitability of tyremakers; buy Apollo & Ceat
Moneycontrol
2019-03-08
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We avoid MRF as the company has been continuously losing market share to its peers and under-penetration in the TBR segment. We advise long-term investors to accumulate Apollo Tyres and CEAT ahead of expected margin expansion in the upcoming quarter
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