MoneyWorks4Me

Apollo Tyre hike prices of truck and bus bias tyres: Report

15 May 2017 Evaluate

Apollo Tyre has reportedly increased prices of truck and bus bias tyres to offset higher raw material prices. The company has increased 3% prices in the truck and buses segments. The company has taken cumulative price hike of 8-10 percent in the last 6 months.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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