Aftermarket to support demand; margin recovery to be moderate! Amid continued tepid demand prospects on OEM front both domestically, globally, tyre players (including ATL) would increasingly rely on steady state support from replacement side. In this context, ATL's healthy India replacement market share and strong brand recall stand it in good stead. In Europe, product mix is seen improving in favour of premium segment along with overall volume market share gains, albeit in a low growth industry. Europe (~30% of consolidated sales) stays a margin drag given structurally...