If the brake drum and axle are spinning true the tyre may have been bruised and delaminated internally but that usually makes a lump not a flat spot. Flat spot normally comes from a big lockup.
Rock bruise would be pretty rare on 14 ply tyres unless run underinflated or grossly overloaded.
Check out the tyre pressures as overinflation will exacerbate bumps and lumps.
What brand and type of tyre??

