JK Tyre, MRF, Ceat, Goodyear jump 5 -12% today; what is boosting tyre stocks?

JK Tyre, MRF, Ceat, Goodyear jump 5 -12% today; what is boosting tyre stocks?

Tyre stocks: As the demand forecast improved, the shares of tyre manufacturers such as JK Tyre & Industries Ltd (up over 10%), MRF Ltd (up 4.5%), Apollo Tyres Ltd (up almost 6%), Ceat Ltd (up over 12.4%), TVS Motor Company Ltd (up 2%), and Goodyear India Ltd (up 5.4%) were on a bull run. According … Read more