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In 1994, Kelani Tyres was listed on the Colombo Stock Exchange. In 2022, CEAT was amongst the 100 most valuable brands in Sri Lanka. The company moved to meet the total domestic demand for bus and truck tyres which would save LKR11 billion in foreign exchange through import substitution.
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
In November 2019, Halfords acquired McConechy’s garages in Scotland [15] and Tyres on the Drive mobile tyre fitting service. [16] In March 2021, the business acquired Universal Tyres and Garages. [17] In December 2021, Halfords acquired rival tyres and auto-care chain National Tyres and Autocare for £62m. [18]
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
The company was the first in Sri Lanka to introduce Near Field Communication (NFC) technology for fuel retailing to corporate clients, currently supporting over 300 companies with 25,000 NFC cards. LAUGFS Petroleum's fuel stations offer nitrogen and digital air services, lubricants, domestic gas cylinders and accessories, and car care items.
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