 "Optimism exists, but there are also uncertainties: MRF CMD")
Shares of tyre companies were trading firm in otherwise weak market ahead of the Commerce Ministry meeting tomorrow to discuss anti-dumping duty on import of certain kind of radial tyres.
MRF, Modi Rubber, Ceat, Apollo Tyres and JK Tyre & Industries were up between 1% and 10% on BSE, as compared to 0.48% decline in the S&P BSE Sensex at 02:18 pm.
“Taking forward the probe for possible imposition of anti dumping duty on imports of a certain kind of radial tyres, the Commerce Ministry has called a meeting of the domestic players on March 28,” reported Press
MRF, Modi Rubber, Ceat, Apollo Tyres and JK Tyre & Industries were up between 1% and 10% on BSE, as compared to 0.48% decline in the S&P BSE Sensex at 02:18 pm.
“Taking forward the probe for possible imposition of anti dumping duty on imports of a certain kind of radial tyres, the Commerce Ministry has called a meeting of the domestic players on March 28,” reported Press
