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Apollo Tyres Ltd (APOLLOTYRE)

₹510.13.12%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Apollo Tyres Ltd share Performance

  • ₹495.1
    ₹517
    ₹510.1
    downward going graph

    2.94%

    Low

    Day's Volatility:4.29%

    High

    1.35%

    downward going graph
  • ₹344.5
    ₹557.9
    ₹510.1
    downward going graph

    32.46%

    Low

    52 Weeks Volatility:41.83%

    High

    9.37%

    downward going graph
1 Month Return6.31 %
3 Month Return-7.36 %
1 Year Return42.88 %
Previous Close₹494.65
Open₹497.45
Volume54.03L
Upper Circuit-
Lower Circuit-
Market Cap₹31,415.27Cr

Analyst Rating

based on 25 analysts

BUY
65.38%
Buy
19.23%
Hold
15.38%
Sell

Based on 25 analysts offering long term price targets for Apollo Tyres Ltd. An average target of ₹545.8

Source: S&P Global Market Intelligence

Company Information

Apollo Tyres Ltd is a leading multinational tyre manufacturer founded in 1972 and headquartered in India. The company has operations in more than 100 countries across six continents. Apollo Tyres is one of the world's leading tyre manufacturers and has a wide range of products and brands.

Apollo Tyres Ltd manufactures and sells a wide range of tyres for cars, light trucks, SUVs, buses, vans, and trucks. The company's product range includes tyres for passenger cars, light trucks, SUVs, buses, vans, and trucks. The company also manufactures and sells tubes and flaps.

The company's popular brands include Apollo, Vredestein, Regal, and Kaizen. Apollo is the company's flagship brand and is known for its superior performance and quality. Vredestein is a premium brand that offers superior performance and comfort. Regal is a value brand that offers great value for money. Kaizen is a budget brand that offers great value for money.

Share Price: ₹510.10 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹31,415.27Cr as of today
Revenue: ₹6,595.37Cr as on December 2023 (Q4 23)
Net Profit: ₹496.63Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: Onkar S Kanwar
OrganisationApollo Tyres Ltd
Headquarters
IndustryTyres
E-voting on sharesClick here to vote

Key events for Apollo Tyres Ltd

  • Apollo Tyres' Fundamentals Look Decent Despite Sliding Stock - 29 Apr, 2024

    Despite the sliding stock, Apollo Tyres has a decent ROE of 14%, similar to the industry average. The company's net income grew significantly at a rate of 25% over the last five years. Existing analyst estimates suggest that the company's future payout ratio is expected to drop to 21% over the next three years.

  • Apollo Tyres Chairman Onkar Kanwar Receives Lifetime Achievement Award - 27 Apr, 2024

    Onkar Kanwar, the Chairman of Apollo Tyres Ltd, was honored with the Lifetime Achievement Award at the Managing India Awards ceremony organized by AIMA for his visionary business acumen and exemplary leadership. The award celebrates achievers from diverse fields who have demonstrated exceptional leadership, foresight, and innovation.

  • Apollo Tyres Ltd up for fifth straight session - 25 Apr, 2024

    Apollo Tyres Ltd has risen around 3.36% in the last month and is currently quoting at Rs 487.3, up 0.15% on the day. The Nifty Auto index has risen around 4.4% in the last month. The stock's PE ratio based on TTM earnings ending December 23 is 25.26.

  • Apollo Tyres Receives Tax Demand and Penalty from GST Authority - 17 Apr, 2024

    Apollo Tyres has received a tax demand and penalty of Rs 2.06 crore from the GST authority in Tamil Nadu over input tax credit availment and other issues. The company will file an appeal before the appellate authority, but there is no material impact on its financial or operational activities due to the issue.

  • Apollo Tyres Faces Tax Demand and Rating Downgrade - 16 Apr, 2024

    Apollo Tyres faces a tax demand and penalty of Rs 2.06 crore from the GST authority in Tamil Nadu, while Morgan Stanley maintains an Equal Weight rating with a target price of Rs 475 due to rising industry competition and margin pressure.

  • Private Companies and Institutions Profit from Increase in Apollo Tyres Stock Price - 11 Apr, 2024

    Last week, private companies and institutions who own 50% and 31% of Apollo Tyres respectively saw an increase in their holdings value following a 4.3% rise in the stock price. The top three shareholders hold 53% of the business.

  • Husqvarna Svartpilen 401 to use locally made Apollo Tramplr XR tyres - 05 Apr, 2024

    Due to a new government regulation, the Husqvarna Svartpilen 401 will now come with Apollo Tramplr XR tyres instead of Pirelli Scorpion Rally STR dual-purpose tyres. This is positive news for Apollo Tyres Ltd as it indicates an increase in demand for their products.

  • Apollo Tyres' Debt Falls and Capex Intensity Expected to Remain Low - 02 Apr, 2024

    Despite caution from investors due to a recent spike in rubber prices, Apollo Tyres has high-margin segments growing their share and falling debt. The Indian market is moving towards premiumisation, which bodes well for return ratios and the health of the balance sheet. Capital expenditure guidance for FY24 is around ₹1,100 crore and expected to be used for de-bottlenecking, digitisation, and maintenance activities.

Fundamentals of Apollo Tyres Ltd

Insights on Apollo Tyres Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.96% to 18.15% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 37.34% to 37.36% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, APOLLOTYRE stock has moved up by 1.7%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 396.91 Cr → 496.63 Cr (in ₹), with an average increase of 10.4% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 6.28K Cr → 6.61K Cr (in ₹), with an average increase of 2.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, JK Tyre & Industries Ltd has given 235.4% return, outperforming this stock by 106.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, JK Tyre & Industries Ltd has given 124.6% return, outperforming this stock by 81.7%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 17.42% to 16.77% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 21.10% to 20.93% in Mar 2024 quarter

Apollo Tyres Ltd Valuation

Apollo Tyres Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-760.19x)

December 17, 2020

Today (17.50x)

April 29, 2024

Industry (60.17x)

April 29, 2024

Highest (69.82x)

March 4, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option3.23%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.53%
Kotak Equity Opportunities Direct GrowthKotak Equity Opportunities Direct Growth1.93%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth0.57%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth0.83%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
37.36%
0.00
Foreign Institutions
18.15%
0.00
Mutual Funds
16.77%
0.00
Retail Investors
20.93%
0.00
Others
6.79%
0.00

Technicals of Apollo Tyres Ltd share

News & Events of Apollo Tyres Ltd

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Apollo Tyres Ltd (APOLLOTYRE) share price today is ₹510.1

Apollo Tyres Ltd is listed on NSE

Apollo Tyres Ltd is listed on BSE

  • Today’s highest price of Apollo Tyres Ltd is ₹517.
  • Today’s lowest price of Apollo Tyres Ltd is ₹495.1.

PE Ratio of Apollo Tyres Ltd is 17.5

PE ratio = Apollo Tyres Ltd Market price per share / Apollo Tyres Ltd Earnings per share

Today’s traded volume of Apollo Tyres Ltd(APOLLOTYRE) is 54.03L.

Today’s market capitalisation of Apollo Tyres Ltd(APOLLOTYRE) is ₹31415.27Cr.

Apollo Tyres Ltd(APOLLOTYREPrice
52 Week High
₹557.9
52 Week Low
₹344.5

Apollo Tyres Ltd(APOLLOTYRE) share price is ₹510.1. It is down -8.57% from its 52 Week High price of ₹557.9

Apollo Tyres Ltd(APOLLOTYRE) share price is ₹510.1. It is up 48.07% from its 52 Week Low price of ₹344.5

Apollo Tyres Ltd(APOLLOTYREReturns
1 Day Returns
15.45%
1 Month Returns
6.31%
3 Month Returns
-7.36%
1 Year Returns
42.88%