Tag: Apollo Tyres
- 21 Sep
Apollo Tyres shares fall on temporary halt of bias OTR tyre production
Apollo Tyres shares fell over 2 percent on September 21 after the company announced a temporary halt of its bias off-the-road (OTR) tyre production at its Limda plant in Gujarat due to concerns from shop floor employees. The company said it is in discussions with labour union representatives to address their concerns and find a resolution. The situation is not expected to have a material impact on Apollo Tyres' operations.