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Tyre shares surge as rubber prices ease; JK Tyres up 8.5%

Shares of tyre manufacturers were up sharply on Tuesday, defying the overall downtrend in the market. With rubber prices declining, analysts expect tyre makers’ earnings to improve.

March 15, 2011 / 14:43 IST
     
     
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    Shares of tyre manufacturers were up sharply on Tuesday, defying the overall downtrend in the market. With rubber prices declining, analysts expect tyre makers

    first published: Mar 15, 2011 01:18 pm

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