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Apollo Tyres Ltd slips for fifth straight session

Capital Market 

Apollo Tyres Ltd is quoting at Rs 166.75, down 1.04% on the day as on 13:19 IST on the NSE. The stock tumbled 24.56% in last one year as compared to a 13.31% rally in NIFTY and a 11.53% fall in the Nifty Auto index.

Apollo Tyres Ltd dropped for a fifth straight session today. The stock is quoting at Rs 166.75, down 1.04% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 11994.15. The Sensex is at 40590.43, up 0.3%.Apollo Tyres Ltd has lost around 1.24% in last one month.Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has increased around 10.02% in last one month and is currently quoting at 8258.85, down 0.61% on the day. The volume in the stock stood at 31.89 lakh shares today, compared to the daily average of 27.02 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 166.2, down 1.51% on the day. Apollo Tyres Ltd tumbled 24.56% in last one year as compared to a 13.31% rally in NIFTY and a 11.53% fall in the Nifty Auto index.

The PE of the stock is 16.07 based on TTM earnings ending September 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: Thu, November 07 2019. 13:35 IST
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