Apollo Tyres Ltd extends losses

Apollo Tyres Ltd is quoting at Rs 202.75, down 3.29% on the day as on 13:24 IST on the NSE. The stock tumbled 21.55% in last one year as compared to a 4.2% slide in NIFTY and a 30.22% fall in the Nifty Auto index.

Apollo Tyres Ltd dropped for a fifth straight session today. The stock is quoting at 202.75, down 3.29% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.71% on the day, quoting at 10585.8. The Sensex is at 35414.46, down 0.68%.Apollo Tyres Ltd has eased around 14.07% in last one month.Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has eased around 12.14% in last one month and is currently quoting at 8143, down 0.35% on the day. The volume in the stock stood at 18.84 lakh shares today, compared to the daily average of 15.94 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 203.35, down 2.84% on the day. Apollo Tyres Ltd tumbled 21.55% in last one year as compared to a 4.2% slide in NIFTY and a 30.22% fall in the Nifty Auto index.

The PE of the stock is 14.62 based on TTM earnings ending September 18.

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