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Buy Apollo Tyres, target price Rs 525: Motilal Oswal
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Apollo Tyres Ltd. with a target price of Rs 525.0.
The current market price of Apollo Tyres Ltd. is Rs 415.95.
Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 26499.59 Crore) operating in Tyres sector.
Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company has reported a Consolidated Total Income of Rs 6304.89 Crore, up .39 % from last quarter Total Income of Rs 6280.12 Crore and up 5.74 % from last year same quarter Total Income of Rs 5962.90 Crore. Company has reported net profit after tax of Rs 474.10 Crore in latest quarter.
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