Rubber product and tyre manufacturers recently got a shot in the arm with Supreme Court (SC) upholding the Bombay High Court order, vacating ban on import of natural rubber under the advance licence scheme (ALS).
The stocks of the rubber product manufacturing companies have witnessed more or less an uptrend in the past few months.
The stock price of Elgitread (I) has moved up from Rs 170.60 from January 1, 2003 to today
