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This is an archive article published on May 4, 2010

Apollo Tyres to raise prices

According to the company the likely date is going to be in June.

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Apollo Tyres Ltd plans to hike prices of its tyre products by 3.5 percent from June 1,a top official said.

We have already done a price hike in April and in May.. and in June we plan another hike of 3.5 percent,Neeraj Kanwar,vice-chairman,told newschannel CNB-TV18 on Tuesday.

At 11.54 a.m.,shares of the firm were up 0.29 percent at 68.5 rupees in a flat Mumbai market.

 

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