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Tuesday, 22 February 2011
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Rubber price deflates tyre stocks, opportunity to buy
The whopping rise in rubber prices is set to deflate the earnings of tyre companies. After the stock prices registered a fall, these companies looked� reasonably priced and offered an investment opportunity with an upside potential of 15-25% in 12 months time. While the domestic rubber spot price is trading up from Rs 160/kg in October, 2010� to all all-time high at Rs 242/kg. The price at the
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