Manas Jaiswal of manasjaiswal.com has a sell contact Apollo Tyres Ltd.
with a target price of Rs 250.0.
The existing market value of Apollo Tyres Ltd.
is Rs 259.95 Time duration offered by analyst is Intra Day when Apollo Tyres Ltd.
rate can reach the specified target.
Manas Jaiswal advised to keep stoploss at Rs 266.
Apollo Tyres Ltd., included in 1972, is a largecap business with a market cap of Rs 14870.44 crore.Apollo Tyres Ltd.
crucial Products/Revenue Segments include Tyres, Tubes Flaps which contributed Rs 9806.62 Crore to Sales Value (98.82 % of Total Sales), Subsidy which contributed Rs 46.45 Crore to Sales Value (0.46 % of Total Sales), Other Operating Revenue which contributed Rs 41.28 Crore to Sales Value (0.41 % of Total Sales), Scrap which contributed Rs 29.34 Crore to Sales Value (0.29 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the business has actually reported a Consolidated sales of Rs 3982.43 Crore, down -.82 % from last quarter Sales of Rs 4015.53 Crore and up 21.82 % from in 2015 same quarter Sales of Rs 3269.22 Crore Company has actually reported net earnings after tax of Rs 250.11 Crore in most current quarter.
The business top management consists of Dr.M Beena, Dr.S Narayan, GeneralBikram Singh, Mr.A K Purwar, Mr.Akshay Chudasama, Mr.Francesco Gori, Mr.Neeraj Kanwar, Mr.Nimesh N Kampani, Mr.Onkar S Kanwar, Mr.Robert Steinmetz, Mr.Sunam Sarkar, Mr.Vikram S Mehta, Mr.Vinod Rai, Mrs.Pallavi Shroff.
Business has Deloitte Haskins Sells as its auditoRs As on 31-03-2018, the business has a total of 572,049,980 shares exceptional.