Apollo Tyres raises tyre prices by 2-4 pct-official

Newswire

MUMBAI, April 1 (Reuters) - Apollo Tyres Ltd has raised product prices across categories by 2-4 percent to offset the surge in cost of rubber, a senior official said on Thursday. "This is with effect from today, the quantum would vary acoss product lines," Chief Financial Officer Sunam Sarkar told Reuters over the telephone adding that the hikes are effective from Thursday. Spot price of the most traded RSS-4 (ribbed smoked sheet) rubber has hit a record high of 15,650 rupees in ...

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