Tyre manufacturer MRF today said it has slashed truck tyre prices by Rs 400, due to fall in the prices of natural rubber.
"The current price reduction was possible due to a downturn in the prices of natural rubber," MRF said in a statement.
However, the company added that its quarterly results may get affected by the prevelent high raw material prices.
"Quarterly results, continue to be poor due to some raw materials which continue to come in at a high-contracted prices," it added.