Apollo Tyres is currently trading at Rs. 157.75, down by 0.50 points or 0.32% from its previous closing of Rs. 157.25 on the BSE.
The scrip opened at Rs. 153.30 and has touched a high and low of Rs. 158.60 and Rs. 153.30 respectively. So far 8,888 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 223.30 on 05-Aug-2015 and a 52 week low of Rs. 127.95 on 20-Jan-2016.
Last one week high and low of the scrip stood at Rs. 158.90 and Rs. 147.45 respectively. The current market cap of the company is Rs. 8,047.00 crore.
The promoters holding in the company stood at 44.15% while Institutions and Non-Institutions held 41.91% and 13.94% respectively.
Apollo Tyres has raised Rs 325 crore through private placement of redeemable Non-Convertible Debentures (NCDs). The committee of directors-NCDs at its meeting held on May 30, 2016 has allotted NCDs on a private placement basis aggregating to Rs 325 crore. The committee has made allotment of 3,250 NCDs of face value of Rs 10 lakh and is proposed to be listed on the National Stock Exchange of India (NSE).
The interest payable will be 8.65 percent per annum. In case of delay in payment of interest/principal amount for a period of more than three months from the due date the penal interest will be 2 percent per annum.
Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.
| Company Name | CMP |
|---|---|
| MRF | 132700.00 |
| Apollo Tyres | 426.45 |
| CEAT | 3600.00 |
| Balkrishna Inds. | 2225.70 |
| JK Tyres & Inds. | 405.40 |
| View more.. | |
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