Apollo Tyres Ltd
APOLLOTYRE

184.45

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

184.25

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

184.40

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 179.00
We recommend ACCUMULATE on the stock on account of volume growth, capacity expansion and forward integration. Due to this, we expect topline to grow ~10% led by radialisation, and OEM demand uptick. ATL has limited upside at FY17E P/E of 9.2x. (Target Price- Rs.194.8)
Detailed View
50 DMA (.)
186.35
100 DMA (.)
193.19
200 DMA (.)
181.11
Weekly Range (.)
171.60
182.80
Monthly Range (.)
171.60
189.80
52 Weeks Range (.)
139.35
234.75
Detailed Chart