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Apollo Tyres Ltd stays supported

Capital Market 

Apollo Tyres Ltd is quoting at Rs 224.4, up 0.74% on the day as on 12:49 IST on the NSE. The stock is down 19.11% in last one year as compared to a 14.68% gain in NIFTY and a 23.48% gain in the Nifty Auto.

Apollo Tyres Ltd rose for a fifth straight session today. The stock is quoting at Rs 224.4, up 0.74% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 11710.75. The Sensex is at 39001.39, up 0.85%. Apollo Tyres Ltd has added around 0.58% in last one month.

Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has added around 2.47% in last one month and is currently quoting at 8335.35, up 1.52% on the day. The volume in the stock stood at 12.2 lakh shares today, compared to the daily average of 28.15 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 225.65, up 1.03% on the day. Apollo Tyres Ltd is down 19.11% in last one year as compared to a 14.68% gain in NIFTY and a 23.48% gain in the Nifty Auto index.

The PE of the stock is 16.17 based on TTM earnings ending December 18.

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

First Published: Mon, April 01 2019. 13:00 IST
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