NATIONAL Tyre Services’ (NTS) shares have gained more than 3 600 percent on the Zimbabwe Stock Exchange (ZSE) this year, spurred by an upsurge in sales volumes.
The automotive tyres distributor’s year-to-date returns are 3 500 percentage points ahead of the benchmark All Share Index, and second only to Unifreight Africa’s (Unifreight) gains of 6 900 percent.
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In a trading update released March, NTS said overall volumes for the period October to December 2020 increased by 99 percent compared to the same period in 2019, “despite Covid-19 challen
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