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PTL Enterprises to invest Rs 60 crore in Apollo Tyres

12 Mar 2020 Evaluate

PTL Enterprises has decided to borrow funds upto Rs 60 crore to invest in the equity shares of Apollo Tyres through open market purchase, in due course of time. The company’s members of committee of Directors in its meeting held on March 11, 2020, have decided the same.

PTL Enterprises was incorporated in the year 1959. The group's principal activity is to manufacture tyres. 

Peers
Company Name CMP
Sagility 44.75
Prime Focus 314.45
Knowledge RealtyTrt. 113.71
Indegene 609.55
Syngene Internatl. 378.20
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