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Tyre stocks rallied today on expectation that the recent correction in raw material prices will benefit the companies favourably from the latter part of Q2FY26 ...
India's stock indices opened slightly down, influenced by inflation data and cautious investor sentiment. The Sensex and Nifty 50 declined, while Sagar Doshi predicts Nifty 50 will trade rangebound.
JK Tyre & Industries has last week increased prices of tyres 2-3 percent across categories, but may hold at the present level for now as rubber has softened of late, a senior official said.