Best Tyre Stocks in India to Invest in 2024.

Here are some notable tyre companies in India:

The Indian automotive industry has been experiencing rapid growth over the past decade, and with it, the demand for high-quality tyres has also been on the rise. 

CEAT Limited

Part of RPG Group.
Diverse range of products for various vehicles.
Presence in passenger vehicles, two-wheelers, SUVs, pickups, agriculture, earth-movers/construction, and commercial vehicles.

1

Dashed Trail

Well-established and renowned.
Known for quality products and market presence.
Offers tyres for a wide range of vehicles, including passenger cars, motorcycles, trucks, buses, farm machinery, etc.

MRF Limited

2

Apollo Tyres Limited

Major player in the Indian tyre industry.
Produces tyres for all kinds of vehicles, including two-wheelers, passenger vehicles, commercial vehicles, and off-road vehicles.

3

Specializes in off-highway tires.
Recognized in domestic and international markets.
Market leader in niche segments, particularly heavy machinery in mining and agriculture.

Balkrishna Industries Limited

4

JK Tyre & Industries Limited

Well-known tyre manufacturer.
Significant presence in India’s automotive sector.
Offers a diverse range of tyres, including those for passenger cars, motorcycles/scooters, commercial vehicles, farm machinery, and off-road vehicles.

5

When considering investments in tyre stocks or any other sector, it’s crucial to analyze factors such as the company’s financial performance, market position, growth prospects, management quality, and industry trends.

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