Apollo Tyres is currently trading at Rs. 198.05, up by 4.80 points or 2.48% from its previous closing of Rs. 193.25 on the BSE.
The scrip opened at Rs. 195.20 and has touched a high and low of Rs. 202.45 and Rs. 195.00 respectively. So far 7,65,000 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. 202.45 and Rs. 188.25 respectively. The current market cap of the company is Rs. 10,063.00 crore.
The promoters holding in the company stood at 44.06%, while Institutions and Non-Institutions held 42.09% and 13.85% respectively.
Apollo Tyres has introduced a new high-mileage passenger car tyre, ‘Apollo Amazer 4G Life’ in India. Designed specifically for mileage conscious markets like India, the new tyre has been developed jointly by Global R&D Centres in Chennai, India and Enschede in the Netherlands.
This tyre is a result of an intensive market study done by the company’s internal team in the past 2-3 years to assess the gap in the tyres available in the market. This product gap, along with feedback from the customers, was utilised by the company’s R&D team to develop this technologically advanced tyre, with superior longevity, especially for the Indian road conditions.
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.
| Company Name | CMP |
|---|---|
| MRF | 139708.16 |
| Apollo Tyres | 445.25 |
| CEAT | 3802.85 |
| Balkrishna Inds. | 2307.50 |
| JK Tyres & Inds. | 424.45 |
| View more.. | |
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