Mrf Leads Gainers

Despite encouraging reports on automobile sales and higher demand for new tyres from even the replacement market, stocks of tyre companies have been skidding in the last four months.

While most of the stocks have been falling sharply, only a couple have managed to register gains. The rising price of natural rubber has slowed the upward movement of the gainers.

Share price of MRF Ltd has gained from Rs 842 in the beginning of November to today