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Angel Broking Bullish on Tyre Makers

PUBLISHED ON: August 26, 2014 | Duration: 21 min, 25 sec

  
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Mayuresh Joshi of Angel Broking said going forward with improvement in original equipment manufacturer and the replacement markets, the topline of tyre makers are set for strong growth. The drop in raw material prices will support ebita growth, he adds. His picks: Goodyear and Apollo Tyres.
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