Other tyre companies shares were also trading higher such as Goodyear India share price surged 17 per cent, JK Tyre and Industries shares gained 10 per cent and MRF share price was up 3.24 per cent in the afternoon deals.
The speed of recovery largely depends on the government’s push towards growth. Going by the time frame in which other countries were able to pull back from this scenario, we should at least give it time till H2FY 21 to see
With automobile exports in slow lane, the industry has asked the government to aggressively pursue FTAs with nations in Africa, Latin America and Asean region that do not have strong manufacturing base, besides asking for enh
Outlining the government’s focus on rural and overall infrastructure development, Finance Minister Arun Jaitley announced that Rs 19,000 crore will be allocated towards Pradhan Mantri Gram Sadak Yojana (PMGSY) which is a su