Large block trade of 805,483 Apollo Tyres shares worth approximately INR 31.72 crore changes hands at INR 393.8 each on the NSE.
Apollo Tyres Limited
APOLLOTYREPrice History
Recent Discussions
Apollo Tyres, Bank of India, and Petronet LNG lead the gains among mid-cap stocks, indicating a positive market trend on the National Stock Exchange (NSE), where advances outnumber declines with an advance-decline ratio of 2:1.
Tyre manufacturers such as Apollo Tyres and Ceat are experiencing margin compression due to escalating input costs in Q4 FY26. Costs of raw materials like rubber, steel, aluminum, copper, freight, and energy have significantly risen, placing added pressure on their profit margins.
Apollo Tyres Ltd shares plummeted to a 52-week low of Rs 365.35, marking a significant 32.3% drop from its high of Rs 540.30. Despite positive financial indicators, the stock is currently in a sell-off trend.
Experts advise investors to maintain their positions in Apollo Tyres and Siemens, while considering purchases of JSW Steel, Hero MotoCorp, and NMDC. Vodafone Idea requires careful profit booking due to ongoing challenges like the impact of crude prices on tyre makers and debt issues. However, JSW Steel and NMDC are seen with upside potential, while Siemens shows resilience in the market.
Apollo Tyres announces a ₹3,500 crore expansion, undeterred by escalating rubber prices. The closure of their Dutch facility and robust performance in India have had an effect on profit margins, however.
Apollo Tyres, Kaynes, Tata Capital, and United Breweries all reached their lowest points in a year on the BSE. Kaynes experienced a steep 27% drop due to subpar Q4 earnings. Tata Capital's share price languishes 9% below its issue price, but analysts remain optimistic about future profitability. Apollo Tyres struggles with margin pressures from escalating raw material costs.
Apollo Tyres reports a 14% revenue increase in Q4 FY26, reaching INR 73.4 billion. The growth was driven by strong volume sales in India, but Europe faced cost volatility. Notably, the net debt-to-EBITDA ratio improved significantly from 3.2x to 0.4x, indicating a healthier financial position.
Apollo Tyres' shares have seen significant fluctuations today, indicating investor uncertainty following the release of their latest results and related analyst comments. The stock is currently trading lower.
Apollo Tyres experienced a short-term price drop, closing below its Volume Weighted Average Price (VWAP), suggesting a temporary weakening in the stock's performance. This decline does not reflect any significant changes in the company's fundamentals.
Citi continues to recommend buying shares in Apollo Tyres, predicting a potential price of INR 540. The financial giant maintains confidence in the company's growth prospects.
Apollo Tyres demonstrates robust growth with a 14.2% increase in Q4 revenues. The company aims to invest INR 35 billion towards expansion by the next fiscal year, signaling continued commitment to growth and development.
Apollo Tyres experienced a 6% drop in share price following the release of their Q4 results, reaching a low point after initial highs.
Apollo Tyres' Q4 earnings before interest, taxes, depreciation, and amortization (EBITDA) increased significantly by 29%, reaching INR 10.8 billion. The EBITDA margin also expanded, rising to 14.7% compared to the previous year, marking a 1.7 percentage point increase.
Apollo Tyres projects a robust growth in Q1 of 2023 across European markets due to high demand, as outlined in their recent investor presentation. This positive trend reflects the company's ongoing efforts to sustain its growth trajectory.
Morgan Stanley maintains an equal weight stance on Apollo Tyres, with a target price of Rs 535, reflecting strong Q4 performance. The company reported significant growth in revenue, EBITDA, and PAT, exceeding expectations by 14%, 28%, and 69% YoY respectively.
Apollo Tyres reported an impressive 241.1% year-on-year increase in Q4 profit and a 27.7% rise in EBITDA, signaling strong financial performance. The company also announced a final dividend of ₹2.50 per share for its shareholders.
Apollo Tyres reported a substantial 241% increase in Q4 profit to INR 631 crore, with deferred tax revisions contributing significantly. Revenue also grew by 14% to INR 7,336 crore, and EBITDA margin improved notably, reaching 14.6%.
Today, Tata Motors, JSW Steel, HAL, Apollo Tyres, United Spirits, and Voltas are set to release their Q4 results. Investors will be closely watching these companies' revenue, margins, demand trends, challenges faced, and future strategies across various sectors.
A substantial block trade of approximately 1.64 million Apollo Tyres shares, valued at around INR 66.7 crore, was executed at INR 405.95 per share, indicating strong investor interest in the company.
Notable increase in trading volumes for Apollo Tyres, Honasa Consumer, KPR Mill, HCL Technologies, and KEC International, indicating heightened investor interest in these companies today.