Company filings, disclosures and news on Kelani Tyres PLC (TYRE), Automotive Aftermarket on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Fitch affirmed Ceat Kelani Holdings' National Long-Term Rating at 'AA+(lka)' with a Stable Outlook. Fitch highlighted CKH's market leadership and resilient finances but warned of near-term margin pressure from higher input and energy costs and import competition, with EBITDA net leverage seen peaking around 0.6x in FY28.
Colombo Stock Exchange indices rose on Tuesday, with the ASPI up 0.23% at 21,386.99 and the S&P SL20 up 0.07%. Top contributors included Hatton National Bank, Dialog Axiata and Colombo Dockyard; Renuka Holdings announced a 0.212 rupee scrip dividend and market turnover was Rs 77.3m.
First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.
Kelani Tyres PLC (CEAT) was ranked Sri Lanka’s Most Valuable Tyre Brand for 2025, with brand value up 15% to Rs 2.325 billion and a Brand Strength Index of 83.3 (AAA-). The report notes CEAT's market leadership, 1.2m tyres sold annually and exports to over 110 countries.
Exporters
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