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Apollo Tyres gains on opening its first branded retail showroom in Lebanon

06 Oct 2015 Evaluate

Apollo Tyres is currently trading at Rs. 193.20, up by 2.20 points or 1.15% from its previous closing of Rs. 191.00 on the BSE.

The scrip opened at Rs. 191.05 and has touched a high and low of Rs. 194.15 and Rs. 189.15 respectively. So far 132518 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. 192.25 and Rs. 177.30 respectively. The current market cap of the company is Rs. 9869.99 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 inaugurated its first branded retail showroom in Lebanon. The outlet - branded as Apollo Zone is designed to provide customers with an enhanced retail experience and a better feel for the brand and products on display, including passenger car, truck-bus and agriculture tyres. This Apollo Zone is located in the Beqaa Governorate of Lebanon, which is the main road connecting Lebanon to Syria.

The Apollo Zone has been opened in association with Saka Trading co., one of the Lebanon's oldest wholesalers and retailers of tyres, batteries and car accessories. After Dubai and Kuwait, this is the third branded retail outlet of Apollo in the West Asian region.

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

445.30 1.55 (0.35%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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