Company updateBusiness Standard
Tyre makers prepare for price hikes amid rising input costs
Negative-5
GreyOak summary
Tyre manufacturers, including Ceat and Apollo Tyres, are planning further price increases. This move aims to counteract the pressure on profit margins caused by continuously rising raw material costs, despite previous hikes already implemented for the fiscal year 2026-27.
What it affects
- Apollo TyresAPOLLOTYRENegative -5
Rolling sentiment Positive +15
- CEATCEATLTDNegative -5
Rolling sentiment Negative -29
Source
Read the original at Business StandardMore Apollo Tyres news
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