India's Tolins Tyres recoups losses, turns positive on order win

Tolins Tyres

03/11/2025 08:58

** Shares of Tolins Tyres TOLI.NS rose as much as 2.3%, last up 0.2% to 186.8 rupees

** Tyre and rubber maker gets order worth 400 mln-500 mln rupees ($4.55-5.69 mln) for supply of precured tread rubber, bonding gum, and black vulcanizing cement

** Shares were trading ~2.5% lower before the news

** YTD, TOLI down ~5%

($1 = 87.8950 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))