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Macronomics: Tyres Poised For Growth : Weakening Rubber, Lower Chinese Imports Prove to Be Boon

With MRF hitting an unprecedented Rs 60,000 mark, tyre industry is back into investors radar. The industry has not shown any extraordinary result in Q3FY17, but the future prospects are looking bright has pushed the stock prices. the reasons vary from lowering rubber prices to falling imports from China, which in turn have provided the much needed relief for the industry . . .

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