Reuters Market Eye - Shares of tyre makers rise on weak natural rubber prices and increased auto sales.
Demand from auto companies expected to accelerate, traders say, citing revival in passenger vehicle growth.
Demand recovery is expected in passenger vehicles over the next six to 12 months, Deutsche Bank says in a note.
Natural rubber prices are near multi-year lows.
JK Tyre and Industries shares up 3.8 pct, Ceat Ltd gains 1.8 pct and Apollo Tyres Ltd higher 0.5 pct.
(Reporting by Indulal PM)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
