 "Optimism exists, but there are also uncertainties: MRF CMD")
Shares of tyre manufacturer were in focus in otherwise subdued market with MRF hitting new high of Rs 75,474, up 3.3% on the BSE on Tuesday. The tyre major has surpassed its previous high of Rs 74,499 recorded in December 26, 2017.
Among other tyre stocks, Ceat and Apollo Tyres were up 3%, TVS Srichakra, JK Tyre & Industries, Goodyear India, Govind Rubber and Balkrishna Industries up in the range of 1% to 2% on the BSE. On comparison, the S&P BSE Sensex was trading 0.04% lower at 33,241 points at 10:27 am.
Since February 2018, MRF has
Among other tyre stocks, Ceat and Apollo Tyres were up 3%, TVS Srichakra, JK Tyre & Industries, Goodyear India, Govind Rubber and Balkrishna Industries up in the range of 1% to 2% on the BSE. On comparison, the S&P BSE Sensex was trading 0.04% lower at 33,241 points at 10:27 am.
Since February 2018, MRF has
