Downgrades have begun in tyre sector; CEAT, Apollo Tyres are the first casualties - Moneycontrol

Kotak Institutional Equities cut its target on some of the key stocks in the sector and downgraded a couple of them as it believes this is not the right time to bottom-fish

The worst fears of Dalal Street investors and India Inc of an earnings downgrade cycle, especially in sectors where there is margin cost pressure, seem to be coming true. The latest sector to receiv… [+3605 chars]

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