Read more about Auto shares gain on Business Standard. Auto stocks were trading in the positive zone, with the S&P BSE Auto index rising 640.91 points or 2.74% at 23998.93 at 09:48 IST.
Global OTR Library adds wheels, rims to portfolio
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ANTWERP, Belgium Vamas 2.0 B.V. s Global OTR Library, an online reference for off-the-road tires, has added wheels and rims to its portfolio.
The free online library, a product of Vamas subsidiary 102psi, includes recent technical data books on its web platform for 48 OTR tire makers, including Group Michelin, Bridgestone Corp. and Goodyear as well as Balkrishna Industries Ltd. and Magna.
After registering on the site, www.TheGlobalOTRLibrary.com, access is free and allows for online consultation, printing and downloading of the documents.
Koen Vandermeersch, founder and owner of the Global OTR Library and independent OTR and industrial tires consultant for 102psi, said the company s aim is to develop a worldwide independent information reference platform for the OTR tire industry, accessible to manufacturers, distributors, dealers, service providers and individual professionals of OTR tires.
Read more about Balkrishna Industries Ltd jumps around 3% on Business Standard. Balkrishna Industries Ltd is quoting at Rs 1750.05, up 2.94% on the day as on 12:49 IST on the NSE. The stock is up 59.3% in last one year as compared to a 21.75% spurt in NIFTY and a 29.54% spurt in the Nifty Auto index.
Consumer goods stocks were trading in red, with the S&P BSE Consumer Discretionary Goods & Services index decreasing 43.18 points or 0.93% at 4624.55 at 13:48 IST. Among the components of the S&P BSE Consumer Discretionary Goods & Services index, Kaya Ltd (down 4.63%), Team Lease Services Ltd (down 3.79%),Jay Bharat Maruti Ltd (down 3.58%),Shalimar Paints Ltd (down 3.43%),Balkrishna Industries Ltd (down 3.37%), were the top losers. Among the other losers were Balaji Telefilms Ltd (down 3.29%), Kirloskar Oil Engines Ltd (down 3.25%), Tribhovandas Bhimji Zaveri Ltd (down 3.13%), Kansai Nerolac Paints Ltd (down 3.08%), and Motherson Sumi Systems Ltd (down 2.9%). On the other hand, V2 Retail Ltd (up 4.99%), IFB Industries Ltd (up 4.97%), and Orient Electric Ltd (up 4.93%) turned up.