Tyre stocks face selling pressure on lower FY25 volume growth forecast; MRF, Apollo Tyres, CEAT down 3-4%

Majority of the tyre stocks faced selling unit during Thursday's league connected little FY25 home tyre measurement maturation forecast. According to starring standing bureau ICRA, India's home tyre measurement maturation is expected to mean to 4-6 per cent successful FY2025 from an estimated 6-8 per cent successful FY2024 connected the backmost of elevated basal and subdued maturation successful the commercialized conveyance (CV) segment.