SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Apollo Tyres all set to open unit in Hungary by next year: Report

18 Jul 2016 Evaluate

Apollo Tyres is reportedly all set to roll out first tyre from its Hungary Greenfield project by first quarter of 2017. With strong cost advantages through the new unit, the company is hoping to take on global giants on their own turf in Europe. With the plant, the company will be able to serve the European market with a larger product portfolio.

The company is engaging with leading OEMs in Europe and will also leverage its Original Equipment Manufacturer (OEM) associations in India. To make an entry in the OEM market, the company has opened a new R&D office in Frankfurt, to be closer to its customers in the region.

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.

 

Apollo Tyres Share Price

441.80 -3.50 (-0.79%)
20-Apr-2026 14:53 View Price Chart
Peers
Company Name CMP
MRF 139775.00
Apollo Tyres 441.80
CEAT 3796.50
Balkrishna Inds. 2286.00
JK Tyres & Inds. 420.65
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:

×