Reuters Market Eye - Shares of tyre makers gain 2 to 4 percent as prices of natural rubber fell to their lowest in 4-1/2 years in the global market.
Apollo Tyres Ltd
Natural rubber makes up more than 40 percent of the cost of a tyre, according to analysts.
Indian tyre makers are increasing imports of natural rubber as it is cheaper overseas compared to local supplies.
(Reporting by Abhishek Vishnoi)
