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Apollo Tyres Ltd stays in demand

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Capital Market

Apollo Tyres Ltd is quoting at Rs 207.1, up 1.35% on the day as on 12:49 IST on the NSE. The stock is down 16.99% in last one year as compared to a 1.28% gain in NIFTY and a 24.95% gain in the Nifty Auto index.

Apollo Tyres Ltd rose for a third straight session today. The stock is quoting at Rs 207.1, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 10898.75. The Sensex is at 36606.88, up 0.97%. Apollo Tyres Ltd has dropped around 10.29% in last one month.

 

Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has dropped around 4.73% in last one month and is currently quoting at 8218.4, up 3.21% on the day. The volume in the stock stood at 9.42 lakh shares today, compared to the daily average of 16.79 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 209.5, up 1.85% on the day. Apollo Tyres Ltd is down 16.99% in last one year as compared to a 1.28% gain in NIFTY and a 24.95% gain in the Nifty Auto index.

The PE of the stock is 14.25 based on TTM earnings ending September 18.

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First Published: Feb 01 2019 | 1:05 PM IST

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