STOCKS | Indian Tire Stocks Decline Amid Rising Oil Prices

Indian tire stocks have experienced a decline ranging from 2% to 3. 4% due to the impact of rising oil prices. According to Jin10, the increase in oil prices has put pressure on the tire industry, which relies heavily on oil as a key raw material. The surge in oil prices has raised concerns about increased production costs, affecting the profitability of tire manufacturers source: https://www.binance.com/en/square/post/297800549223650?utm_source=BinanceNewsRSS