Apollo Tyres to raise prices in June: Official

Apollo Tyres Ltd plans to hike prices of its tyre products by 3.5 per cent from June 1, a top official said. "We have already done a price hike in April and in May and in June we plan another hike of 3.5 per cent," Neeraj Kanwar, vice-chairman, told newschannel Tuesday. At 11.54 a.m., shares of the firm were up 0.29 per cent at 68.5 rupees in a flat Mumbai market.