The northward move in CEAT share price came after it announced that it has acquired Camso brand's Off-Highway construction equipment bias tyre and tracks business from Michelin for $225 million
Crude prices, which hovered around $88 to 90 over the past three months, represent a 6 to 8 per cent increase from the previous quarter, adding further strain on manufacturers' margins
Indian tyre majors ask for anti- dumping duty on import of truck and bus radial tyres from China