Apollo Tyres is currently trading at Rs 78.75, up by 0.40 points or 0.51% from its previous closing of Rs 78.35 on the BSE.
The scrip opened at Rs 80.00 and has touched a high and low of Rs 80.25 and Rs 78.25 respectively. So far 421093 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 101.50 on 08-May-2013 and a 52 week low of Rs 54.60 on 21-Jun-2013.
Last one week high and low of the scrip stood at Rs 83.10 and Rs 77.50 respectively. The current market cap of the company is Rs 3966.67 crore.
The promoters holding in the company stood at 43.50% while Institutions and Non-Institutions held 41.52% and 14.98% respectively.
Apollo Tyres has launched Vredestein Tyres in Indian Market and planning to position these tyres in premium segment. The company is targeting a monthly sale of 5,000 Vredestein Tyres in India. The company acquired Vredestein in 2009. Further, the company is expecting to grow percentage share of revenue from overseas markets.
Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
| View more.. | |
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