SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Apollo Tyres gains on plan to set up subsidiary in Malaysia

18 May 2015 Evaluate

Apollo Tyres is currently trading at Rs. 174.50, up by 3.25 points or 1.90% from its previous closing of Rs. 171.25 on the BSE.

The scrip opened at Rs. 172.90 and has touched a high and low of Rs. 174.60 and Rs. 172.60 respectively. So far 56929 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 249.45 on 03-Feb-2015 and a 52 week low of Rs. 154.70 on 27-Mar-2015.

Last one week high and low of the scrip stood at Rs. 176.00 and Rs. 164.75 respectively. The current market cap of the company is Rs. 8859.58 crore.

The promoters holding in the company stood at 44.06% while Institutions and Non-Institutions held 41.62% and 14.32% respectively.

In a bid to increase its global footprint and garnering total revenues of around 15 percent from exports, Apollo Tyres is planning to set up a subsidiary in Malaysia over the next two years. Besides, the Gurgaon-headquartered firm has lined up investments worth Rs 1,500 crore this year to expand capacity of its truck-bus radial (TBR) plant in Chennai from 6,000 units a day to 9,000 per day.

Apollo Tyres has set up legal entities, mainly for sales, in Bangkok for ASEAN markets; in Dubai for West Asia and north, east and west Africa; in South Africa for south African markets.

Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.

Apollo Tyres Share Price

442.35 -2.95 (-0.66%)
20-Apr-2026 15:11 View Price Chart
Peers
Company Name CMP
MRF 139400.00
Apollo Tyres 442.35
CEAT 3801.60
Balkrishna Inds. 2288.40
JK Tyres & Inds. 419.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×