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Apollo Tyres shares: Truck tyres see 2nd round of price cuts; Nomura say stock expensive

By Business Today - 9 months ago
Apollo Tyres: Commodity prices like those of natural rubber have jumped 11 per cent QoQ to Rs 168 per kg. If current commodity prices sustain, a 100 bps impact could be visible by Q1FY25, Nomura India said.

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