Tyre stocks like Ceat, Apollo and MRF are likely to gain on the back of falling prices of natural rubber.
Natural rubber price have fallen 12 per cent since June 1 to a 30-month low. Since April 1, rubber prices are down 22 per cent.
The sharp fall in rubber prices is on account of higher production from Thailand and Indonesia.
However, shares of these companies flat in a positive market today.
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