Apollo Tyres is currently trading at Rs. 183.50, up by 4.45 points or 2.49% from its previous closing of Rs. 179.05 on the BSE.
The scrip opened at Rs. 182.65 and has touched a high and low of Rs. 185.00 and Rs. 181.75 respectively. So far 85457 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. 197.80 and Rs. 166.00 respectively. The current market cap of the company is Rs. 9353.33 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, a leading tyre major, has successfully closed a 300 million euro (about Rs 2,260 crore) financing for its greenfield facility in Hungary. The company started construction of the plant earlier this year with a total investment outlay of €475 million. The first product is expected to be rolled out from the plant in early 2017. This new facility will have a capacity to produce 5.5 million tyres for passenger cars and light trucks, and 675,000 tyres for heavy commercial vehicles (HCV) per annum.
Apollo Tyres, with its corporate headquarters in Gurgaon, India, is in the business of manufacture and sale of tyres since its inception in 1972. Over the years, the company has grown manifold, establishing its footprint across the globe. The company has manufacturing units in India and The Netherlands. At the end of its financial year on March 31, 2015, Apollo Tyres had clocked a turnover of $ 2.08 billion, backed by a global workforce of approximately 16000 employees.
| Company Name | CMP |
|---|---|
| MRF | 128501.00 |
| Apollo Tyres | 489.45 |
| CEAT | 2391.20 |
| Balkrishna Inds. | 2647.00 |
| JK Tyres & Inds. | 398.75 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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