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Apollo Tyres rides high on getting nod to incorporate WOS Company

10 May 2019 Evaluate

Apollo Tyres is currently trading at Rs. 189.75, up by 4.85 points or 2.62% from its previous closing of Rs. 184.90 on the BSE.

The scrip opened at Rs. 185.00 and has touched a high and low of Rs. 191.40 and Rs. 184.00 respectively. So far 161971 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 299.80 on 01-Aug-2018 and a 52 week low of Rs. 182.20 on 09-May-2019.

Last one week high and low of the scrip stood at Rs. 202.50 and Rs. 182.20 respectively. The current market cap of the company is Rs. 10900.41 crore.

The promoters holding in the company stood at 40.90%, while Institutions and Non-Institutions held 42.97% and 16.13% respectively.

Apollo Tyres has received an approval to incorporate a Wholly Owned Subsidiary (WOS) Company for carrying out process execution and shared specialised skills for all business functions globally. The Board of directors of the company at its meeting held on May 9, 2019 has approved for the same.

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 09:22 View Price Chart
Peers
Company Name CMP
MRF 140000.00
Apollo Tyres 441.80
CEAT 3722.00
Balkrishna Inds. 2342.75
JK Tyres & Inds. 430.35
View more..

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