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Indian tyre companies face multiple headwinds due to US-Iran war; CLSA warns of profit impact

SUMMARY

AI Generated Content
  • Tyre firms face rising input costs due to West Asia conflict.
  • Raw material prices spiked 15-20%, with 90% linked to oil/rupee.
  • Margins may drop 400 bps; valuations could be impacted by FY27.
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