Apollo Tyres Ltd

  • BSE Code : 500877
  • NSE Symbol : APOLLOTYRE
  • ISIN : INE438A01022
  • Industry :TYRES

up-arrow 490.05 1.90(0.39%)

Open Price ()

490.10

Prev. Close ()

488.15

Volume (No’s)

2,578,566

Market Cap ()

31,002.45

Low Price ()

487.25

High Price ()

501.10

 

Corporate Announcement

16-May-2024 Apollo Tyres Limited - Change in Director
15-May-2024 Apollo Tyres Limited - Copy of Newspaper Publication
14-May-2024 Apollo Tyres Limited - Retirement
07-May-2024 Apollo Tyres Limited - Analysts/Institutional Investor Meet/Con. Call Updates
02-May-2024 Apollo Tyres Limited - Other General Purpose

Stock Summary

Market Cap(₹Cr.)

30,996.10

P/E (TTM)

25.8

Book value ()

164.33

Div Yield (%)

1.23

EPS (TTM)

18.92

Face Value ()

1.00

Technical Analysis

Key Level

Resistance 1

504.62

Resistance 2

521.08

Support 1

475.37

Support 2

462.58

Moving Average

30 Days

481.82

50 Days

485.91

100 Days

490.93

200 Days

447.26

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Apollo Tyres Ltd 30,996.10 25.8 2.05 2187.99 1.23 18.92
MRF Ltd 54,667.80 26.79 2.46 2671.86 0.16 4813.56
Balkrishna Industries Ltd 50,095.25 41.32 4.97 2053.71 0.62 62.71
JK Tyre & Industries Ltd 10,342.91 20.18 1.43 770.16 0.48 19.66
CEAT Ltd 9,206.04 13.41 1.75 982.5 1.32 169.7

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 180793621 28.47
Total Institutions 139610773 21.98
Total Govt Holding 10001500 1.58
Total Non Promoter Corporate Holding 2150549 0.34
Total Promoters 237265403 37.36
Total Public & others 65279100 10.28
Total 635100946 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Apollo Tyres Ltd is the leading tyre manufacturing company in India. The Company is engaged in manufacturing and sale of automobile tyres and tubes. Its largest operations are in India and comprises five tyre manufacturing plants, two located in Cochin and one each at Vadodara, Chennai and Andhra Pradesh and various sales and marketing offices spread across the country. It also has sales and marketing subsidiaries in Middle East, Africa and ASEAN region. Outside India, the company has a manufacturing facility each in The Netherlands and Hungary.

The company was incorporated on September 28, 1972. It started production with its first manufacturing plant in at Perambra in Kerala. In the year 1991, the company commissioned their second plant at Limda in Gujarat. In the year 1995, they acquired Premier Tyres at Kalamassery in Kerala. In the year 1996, exclusive tubes plant commissioned in Ranjangoan in Maharashtra and in the year 2000, they established exclusive radial capacity in Limda.

On November 17, 2003, the company entered into an strategic alliance Michelin, France for setting up a joint venture company namely Michelin Apollo Tyres Pvt Ltd for producing dual branded truck & bus radial tyres in India. In the year 2004, they produced India's first H-speed rated tubeless p...

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