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Apollo Tyres Ltd soars 2.94%

Capital Market 

Apollo Tyres Ltd is quoting at Rs 189, up 2.94% on the day as on 12:54 IST on the NSE. The stock is down 32.38% in last one year as compared to a 11.16% gain in NIFTY and a 22.7% gain in the Nifty Auto index.

Apollo Tyres Ltd rose for a third straight session today. The stock is quoting at Rs 189, up 2.94% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.13% on the day, quoting at 11789.1. The Sensex is at 39247.54, up 1.12%. Apollo Tyres Ltd has dropped around 9.59% in last one month.

Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has dropped around 2.05% in last one month and is currently quoting at 8216.9, up 2.38% on the day. The volume in the stock stood at 8.74 lakh shares today, compared to the daily average of 29.02 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 189.7, up 3.69% on the day. Apollo Tyres Ltd is down 32.38% in last one year as compared to a 11.16% gain in NIFTY and a 22.7% gain in the Nifty Auto index.

The PE of the stock is 14.22 based on TTM earnings ending March 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: Fri, May 24 2019. 13:06 IST
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