Falcon Tyres has received an approval to sell share of its subsidiary company - Monotona Tyres. The board at its meeting held on February 14, 2012 has approved for the same. However, the above is subject to the approval of shareholders and other requisite approval.
Also, the expansion project for the production of tyres at Mysore has started commercial production and the full capacity of plant will be ramped up by the company in due course.
Falcon Tyres manufactures and markets a wide range of nylon bias ply tyres and butyl tubes for two and three wheelers, passenger cars , jeeps , light commercial and farm vehicles under the DUNLOP brand in Indian market and Falcon and Donin brands for export markets.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
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