Tyre stocks skyrocket in India

The stocks prices of tyre companies have gone skyrocketed in the last few months following the auto boom. Share prices of tyre manufacturer Apollo Tyres increased from Rs 193.00 to Rs 259.

85, Ceat appreciated from Rs 44.85 to Rs 63.85 and JK Industries moved up from Rs 38.

90 to Rs 86.20. Vikrant Tyre gained from Rs 18.

05 to Rs 75.30, Falcon Tyres increased from Rs 23.80 to Rs 26.

75 and Goodyear Industries appreciated from Rs 33.70 to Rs 50.30.

Govind Rubber gained from Rs 8.49 to Rs 16.32, MRF jumped from Rs 1418.

45 to Rs 2097.35, while Premier Tyre increased from Rs 9.15 to Rs 12.

38 and Krypton Industries appreciated from Rs 11.21 to Rs 18.00.