Indian tyre stocks gain on falling rubber prices

TVS Srichakra

03/04/2018 06:20

** Shares of tyre makers Apollo Tyres Ltd  APLO.NS  and TVS
Srichakra Ltd  TVSC.NS  up over 2 pct each in morning trade
    ** MRF Ltd  MRF.NS  rises as much 3.25 pct to an all-time
high of 75,500 rupees
    ** Ceat Ltd  CEAT.NS  jump as much as 4.1 pct to 1,602
rupees, its highest since March 16 
    ** The benchmark Tokyo Commodity Exchange rubber contract
for September delivery  JRUc6   0#2JRU:  dropped 2.9 yen, or 1.6
pct, to 178.7 yen per kg by 0032 GMT  urn:newsml:reuters.com:*:nL4N1RG08T

 ((Reuters Messaging: Reuters Messaging -
vishal.sridhar.thomsonreuters.com@reuters.net))