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| Domestic rubber prices fell below 130Rs. per kg. Rubber is the major raw material for tyre sector. Rubber prices going down and auto sector picking up.... its win win situation for tyre companies. In this respect we identified two stocks. Apollo tyre and ceat tyres. both present in all segments and one of the leaders in passenger and commercial vehicles vertical. Our target for Ceat tyres would be Rs.900/1200 and Apollo Tyres Next aurobindo in making short term target Rs.350/500. http://superbhiddengems.blogspot.in/2014/08/roaring-lions-tyre-sector-is-big-story.html |
