FINANCE Ministry may abolish customs duty on rubber up to 1 lakh tonne, according to CNBC-TV18. The Commerce Ministry has proposed removal of 20% duty on the commodity likely due to rising domestic rubber prices.
Ceat touched an intraday high of Rs 103.95 and an intraday low of Rs 94.70. At 13:09 hrs the share was quoting at Rs 103.00, up Rs 7.80, or 8.19%. It was trading with volumes of 181,741 shares.
JK Tyre and Industries touched an intraday high of Rs 102.60 and an intraday low of Rs 95. At 13:08 hrs the share was quoting at Rs 101.85, up Rs 7, or 7.38%. It was trading with volumes of 58,391 shares.
Apollo Tyres touched an intraday high of Rs 78.90 and an intraday low of Rs 76.60. At 13:08 hrs the share was quoting at Rs 78.50, up Rs 2.15, or 2.82%. It was trading with volumes of 536,746 shares.
Goodyear India touched an intraday high of Rs 327.70 and an intraday low of Rs 314. At 13:07 hrs the share was quoting at Rs 324.80, up Rs 9.40, or 2.98%. It was trading with volumes of 29,535 shares.
MRF touched an intraday high of Rs 6,870 and an intraday low of Rs 6,618. At 13:08 hrs the share was quoting at Rs 6,840, up Rs 259.85, or 3.95%. It was trading with volumes of 6,543 shares.
Source: Money Control