Share prices of tyre companies moving down
SENSEX falls from highs above 36,400 to lows touching almost 33,400 – a drop of 3,000 points.
Tyre companies are also facing a downturn in share prices.
|TYRE CO.||52 WEEK HIGH RS.||PRICE ON 6TH FEB 2018 RS.||% DECLINE|
Although the Sensex has fallen barely 9 % the tyre companies have taken a steep fall from their 52 week highs.
It may make sense to look into investing in some of these shares in the days to come.