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Beneficiaries of strong OEM and replacement demand from auto sector: 5 tyre stocks with upside potential of up to 34%
Like every other agro commodity in the world, even the price of natural rubber has seen a spike in the last one year. But given the fact that if demand is growing at a fast pace, higher input cost can be easily passed on to the consumer. That is probably what the tyre industry is going through currently. Despite the fact that natural rubber prices have moved up still the companies have been able to deliver bottomline growth and expansion in margins in the last two quarters. The question is whether...