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Apollo Tyres Ltd drops for fifth straight session

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Capital Market

Apollo Tyres Ltd is quoting at Rs 196.9, down 0.08% on the day as on 13:24 IST on the NSE. The stock tumbled 31.89% in last one year as compared to a 8.27% rally in NIFTY and a 27.68% fall in the Nifty Auto index.

Apollo Tyres Ltd fell for a fifth straight session today. The stock is quoting at Rs 196.9, down 0.08% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 11604.3. The Sensex is at 38648.61, up 0.13%.Apollo Tyres Ltd has eased around 10.54% in last one month.Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has eased around 2.99% in last one month and is currently quoting at 8268.45, up 0.04% on the day. The volume in the stock stood at 7.01 lakh shares today, compared to the daily average of 23 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 197.75, down 0.45% on the day. Apollo Tyres Ltd tumbled 31.89% in last one year as compared to a 8.27% rally in NIFTY and a 27.68% fall in the Nifty Auto index.

The PE of the stock is 14.4 based on TTM earnings ending December 18.

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First Published: May 07 2019 | 1:35 PM IST

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