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Tyre stocks on a roll, rise over 10% this month over low raw material cost, steady replacement market

Updated : August 27, 2019 04:18 PM IST

Since August 5, the stock prices of CEAT, Apollo Tyres and MRF have surged 11.45 percent, 13.19 percent and 10.17 percent respectively.
According to Cogencies data, prices of natural rubber in key markets of Kerala hit a three-month low.
Tyre stocks on a roll, rise over 10% this month over low raw material cost, steady replacement market

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