People who could not buy until now and on sideline,they are likely to stay there bec i dn't think we are getting 10k . Even 12.5 k looks doubtful . Decline anyway is easy to handle . It is sideways which frustrates everyone almost and that is what i think is going to happen for few months atleast.
Great that everyone is making money . BTFD is alive and working well for almost a year now. I feel at some point in this year , bull would be taken for serious ride just like bear has been for a year now so be careful and dn't over levrage.
shelve the US greenfield tire project of 20,000 MTPA capacity with estimated outlay of USD 100 million previously approved by the Board at its meeting held on 10 August 2019.
shelve the US greenfield tire project of 20,000 MTPA capacity with estimated outlay of USD 100 million previously approved by the Board at its meeting held on 10 August 2019.
They are incurring big capex to manufacture Carbon Black which will be used by them in their tyres but market finds that a little unrelated and on higher side capex.