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Panther Tyre (PANTHER): IPO – Brand To Win; Subscribe – By Darson Research

  • By: Darson Securities (Private) Limited

  • - Published: Monday, 25 January 2021
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We have Subscribe stance on &ldquo;Panther Tyres&rdquo; IPO which offer attractive P/E and P/B of 6.59x and 1.45x. Syndicate is one of the leading tyre &amp; tube manufacturer and exporter (12 countries) with presence in all relevant tyre segment including 2&amp;3 Wheelers, Tractor, LCV, Trucks &amp; Buses and Earth Movers. The company enjoys principal share in Replacement Market along with maintained strong affiliation with OEMs.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Mian Tyre and Rubber Company Limited (now Panther Tyres Limited) was founded in 1983 as a tyres and tubes manufacturing company. The Company&rsquo;s manufacturing facility is situated at Sheikhupura Road, spanning over an area of 168.6 ka...

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