Over the past 12 months, raw material costs of the tyre companies increased by 50-60% to Rs 175-182 per kg due to higher prices of natural rubber and crude oil linked inputs such as manmade rubber and carbon black.
Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough
The positive momentum in the country’s markets helped their case. Some big names on the list include IndusInd Bank, Hindustan Aeronautics, Titan, Ultratech, Kotak Mahindra
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