Apollo Tyres Limited (NSE: APOLLOTYRE)

India flag India · Delayed Price · Currency is INR
540.45
+6.00 (1.12%)
Dec 5, 2024, 3:29 PM IST
20.11%
Market Cap 339.43B
Revenue (ttm) 252.68B
Net Income (ttm) 14.50B
Shares Out 635.10M
EPS (ttm) 22.83
PE Ratio 23.41
Forward PE 18.96
Dividend 6.00 (1.12%)
Ex-Dividend Date Jul 5, 2024
Volume 1,629,823
Open 537.45
Previous Close 534.45
Day's Range 534.90 - 543.90
52-Week Range 419.25 - 584.90
Beta 0.94
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About Apollo Tyres

Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers commercial, passenger vehicles, two-wheelers, farm, industrial, trucks and buses, off highway, light trucks, agricultural, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India. [Read more]

Industry Auto Parts
Founded 1972
Employees 7,559
Stock Exchange National Stock Exchange of India
Ticker Symbol APOLLOTYRE
Full Company Profile

Financial Performance

In 2023, Apollo Tyres's revenue was 250.20 billion, an increase of 3.72% compared to the previous year's 241.22 billion. Earnings were 17.22 billion, an increase of 64.64%.

Financial Statements

News

Apollo Tyres shares rise nearly 3% as brokerages maintain positive outlook

Apollo Tyres shares gained nearly 3% following positive outlooks from major brokerages. JPMorgan reiterated its “Overweight” rating with a target price of ₹555, suggesting a 21.2% upside, while UBS ma...

21 days ago - Business Upturn

JPMorgan maintains overweight on Apollo Tyres, sets target at Rs 555, indicating 21.2% upside

JPMorgan has reiterated its Overweight rating on Apollo Tyres, setting a target price of ₹555, suggesting a potential upside of 21.2% from the current market price (CMP) of ₹458. The brokerage noted t...

21 days ago - Business Upturn

UBS maintains buy on Apollo Tyres, sets target at Rs 605, expecting 32% upside from current share price

UBS has reiterated its Buy rating on Apollo Tyres with a target price of ₹605, projecting a 32% upside from the current market price (CMP) of ₹458. The Q2 FY25 results show India’s operations below ex...

21 days ago - Business Upturn

Stock to Watch: Apollo Tyres reports 37.3% YoY decline in Q2 Profit amid modest revenue growth

Apollo Tyres Ltd has released its Q2 FY2024-25 financial results, revealing a mixed performance with a slight increase in revenue but a substantial drop in profitability. The company’s consolidated re...

21 days ago - Business Upturn

Stocks in focus today: Dilip Buildcon, Apollo Tyres, HEG, AstraZeneca, Deepak Nitrite, Brigade Enterprises, and Vodafone Idea announce Q2 FY25 results post market hours

Several companies revealed their Q2 FY25 earnings post-market hours yesterday, putting their stocks in the spotlight today. Below is a summary of the reported results: Dilip Buildcon Revenue: Declined...

21 days ago - Business Upturn

Apollo Tyres Q2 Results: Revenue up 2.5% YoY to ₹6,437 crore; Profit drops 37.3% YoY to ₹297 crore

Apollo Tyres Ltd has announced its Q2 FY2024-25 financial results, showing a modest year-on-year increase in revenue but a significant decline in profit. The company’s consolidated revenue from operat...

21 days ago - Business Upturn

Brigade Enterprises shares dip nearly 4% ahead of Q2 FY25 earnings

Shares of Brigade Enterprises Ltd were trading 3.90% lower at ₹1,080.90 on the NSE as of 11:44 a.m. on November 13, 2024, ahead of the company’s Q2 FY25 results. Brigade is among several companies exp...

22 days ago - Business Upturn

Q2FY25 Earnings Today for Key Companies: Alkem, Apollo Tyres, Brigade, Deepak Nitrite, Eicher Motors, GRSE, Idea, PI Industries, Sun TV, Thermax, Torrent Power to announce results

The Q2FY25 earnings season continues as major companies are set to report their financial results on November 13, 2024. Here are the key expectations: Alkem: Revenue expected at ₹3,639 crore, up from ...

22 days ago - Business Upturn

Auto Stocks Update: Check out how Apollo Tyres, Balkrishna Industries, Bajaj Auto, Maruti, Tata Motors, and other stocks are performing today

Apollo Tyres gains 2.11%, while Bajaj Auto slips 2.74%, M&M down 1.66%, and Bosch falls 0.99% in today’s trade.

7 weeks ago - Business Upturn

LIC raises stake in Apollo Tyres to 5.03% through open market purchase

Life Insurance Corporation of India (LIC) has increased its stake in Apollo Tyres Ltd. to 5.03%, up from 4.983%, following an open market purchase of 300,000 shares. The acquisition brings LIC’s total...

2 months ago - Business Upturn

Auto stocks under pressure: Apollo Tyres, Eicher Motors, Tata Motors, and Bajaj Auto among top losers

Auto stocks are witnessing a significant sell-off in today’s trading session, with several major players experiencing notable declines. Here’s how the key auto stocks are performing: Apollo Tyres: Dow...

2 months ago - Business Upturn

Apollo Tyres surges 7%, hits 52-week high

Apollo Tyres continues its bullish run, soaring by 5.39% and trading at ₹573.90 as of 3:26 PM. The stock surged past its 200-day high and reached a day high of ₹572.10, approaching its 52-week high of...

2 months ago - Business Upturn