Is Apollo Tyres a good investment?
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Is Apollo Tyres a good investment?
Price To Earnings Ratio PE vs Industry: APOLLOTYRE is good value based on its PE Ratio (13.1x) compared to the Indian Auto Components industry average (19.6x). PE vs Market: APOLLOTYRE is good value based on its PE Ratio (13.1x) compared to the Indian market (19.7x).
What is the target of Apollo Tyres?
Rs 290
Emkay Global Financial Services has a buy call on Apollo Tyres Ltd. with a target price of Rs 290. The current price of Apollo Tyres Ltd. is Rs 207.65. Apollo Tyres Ltd., incorporated in the year 1972, is a Mid-Cap company (with a market cap of Rs 13292.66 Crore) operating in Tyres sector.
Is Apollo TYRE in debt?
Based on the latest financial disclosure, APOLLO TYRES LTD has a Total Debt of 49.32 B. This is much higher than that of the Consumer Cyclical sector and significantly higher than that of the Rubber & Plastics industry. The total debt for all India stocks is significantly lower than that of the firm.
Why did Apollo Tyres share price falling?
This was on account of subdued demand for its products in India and European markets due to the Covid-19 pandemic, the company said in a BSE filing. Following the result update, Apollo Tyres shares fell 4.14\% to the intraday low of Rs 111 on BSE against the earlier close of Rs 115.80.
Who is the owner of Apollo Tyres?
Onkar Singh Kanwar
Onkar Singh Kanwar (born March 1942) is an Indian businessman, chairman and managing director of Apollo Tyres….Onkar Kanwar.
| Onkar Singh Kanwar | |
|---|---|
| Known for | Chairman and CEO, Apollo Tyres |
| Spouse(s) | Taru Kanwar |
| Children | 3 |
| Parent(s) | Raunaq Singh Satwant Kaur |
Top Companies in India by Market Capitalization – BSE
| Company Name | Last Price | \% Chg |
|---|---|---|
| MRF Add to Watchlist Add to Portfolio | 53,914.75 | 1.13 |
| Balkrishna Ind Add to Watchlist Add to Portfolio | 708.95 | 2.26 |
| Apollo Tyres Add to Watchlist Add to Portfolio | 150.10 | 2.04 |
| Ceat Add to Watchlist Add to Portfolio | 820.00 | 1.79 |
Is Apollo TYRE a Indian company?
Apollo Tyres Limited is an Indian Multinational tyre manufacturing company headquartered in Gurugram, Haryana. It was incorporated in 1972, and its first plant was commissioned in Perambra in Chalakudy, Kerala (India). The company now has five manufacturing units in India, one in Netherlands and one in Hungary.