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Apollo Tyres makes additional investment in CSE Deccan Solar

27 May 2022 Evaluate

Apollo Tyres has made an additional investment of Rs 27 lakh in CSE Deccan Solar, for 33,750 Equity Shares having face value of Rs 10 each, at the premium of Rs 70 each. CSE Deccan Solar not yet commenced business and it will be engaged in the business of generation and distribution of solar energy.

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.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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