Tolins Tyres zooms on reporting 23% rise in production volume in May
Tolins Tyres is currently trading at Rs. 168.00, up by 18.90 points or 12.68% from its previous closing of Rs. 149.10 on the BSE.
The scrip opened at Rs. 157.00 and has touched a high and low of Rs. 176.70 and Rs. 157.00 respectively. So far 139427 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 259.00 on 05-Dec-2024 and a 52 week low of Rs. 108.00 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 176.70 and Rs. 139.40 respectively. The current market cap of the company is Rs. 663.75 crore.
The promoters holding in the company stood at 68.53%, while Institutions and Non-Institutions held 2.45% and 29.02% respectively.
Tolins Tyres has reported 22.96% month-on-month growth in production volume at 64,313 units (816 Metric Tons (MT)) in May 2025 as compared to 52,304 units (682 MT) in April 2025, driven by strong demand and efficient plant operations. This includes 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR). The month of May has recorded highest-ever monthly production. This record surpassed all previous records, including the earlier peak in March 2025 (58,983 units, 683 MT).
This production feat marks a significant achievement for Tolins Tyres, reinforcing its position as a key player in the domestic and export markets. Backed by robust demand from both the replacement and institutional segments, the company continues to strengthen its presence across India and overseas.
Tolins Tyres is primarily engaged in manufacturing of bias tyres for vehicles (including LCV, agricultural and two/three-wheeler vehicles) and precured tread rubber. It also manufactures ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.
