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Apollo Tyres Ltd in demand

Capital Market 

Apollo Tyres Ltd is quoting at Rs 178.8, up 1.19% on the day as on 12:54 IST on the NSE. The stock is down 22.46% in last one year as compared to a 2.96% drop in NIFTY and a 31.08% drop in the Nifty Auto index.

Apollo Tyres Ltd gained for a third straight session today. The stock is quoting at Rs 178.8, up 1.19% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033. The Sensex is at 37290.05, up 0.39%. Apollo Tyres Ltd has risen around 12.67% in last one month.

Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has risen around 7.49% in last one month and is currently quoting at 7165.35, up 2.85% on the day. The volume in the stock stood at 16.54 lakh shares today, compared to the daily average of 27.1 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 178, up 1.14% on the day. Apollo Tyres Ltd is down 22.46% in last one year as compared to a 2.96% drop in NIFTY and a 31.08% drop in the Nifty Auto index.

The PE of the stock is 14.95 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 11 2019. 13:06 IST
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