Company: Apollo Tyres Ltd

The Andhra Pradesh greenfield would start in the second half of FY2020
May 25, 2018, 11:32 a.m.

Apollo Tyres (ATL) has reported broadly in-line performance on bottom line in 4QFY18, mainly led by higher volume and benign raw material prices.
May 11, 2018, 12:25 p.m.

Apollo Tyres on Thursday has reported net profit of ₹ 250 crore for the fourth quarter ended March 31, up 10 per cent compared with ₹228 crore in the same period last year.
May 10, 2018, 10:55 p.m.

At CMP, the stock trades at 12.7x and 9.6x FY19E and FY20E earnings, respectively, which appear to be attractive. We maintain our BUY recommendation on the stock with a revised Target Price of Rs 335 (12x FY20 EPS).
Feb. 8, 2018, 2:45 p.m.

Apollo Tyres on Tuesday reported 17 per cent decline in consolidated net profit at Rs 245.29 crore for the quarter ended December 31, 2017. The company had posted a net profit of Rs 295.69 crore during the October-December period of previous fiscal, Apollo Tyres said in a regulatory filing. Total revenue during the quarter under review stood at Rs 4,096.44 crore. It was Rs 3,740.77 crore in the corresponding period of previous fiscal. Here is what the Apollo Tyres management has to say about the ...
Feb. 6, 2018, 9:46 a.m.

We expect the valuation gap to shrink in ensuing period. We maintain BUY recommendation on the stock with a Target Price of Rs 975. Ramkrishna Forgings (RFL) is the second largest forging company in India after Bharat Forge (BFL) with an aggregate capacity of 150,000 MT. RFL has concluded its major expansion drive and is currently in the process of improving the utilisation of newly commissioned facility.
Dec. 27, 2017, 4:22 p.m.

Apollo Tyres (APTY) reported below-expected 2Q numbers due to the India margin miss and disappointment on both sales and EBITDA fronts in Europe. However, we remain positive on the stock with strong growth expectations for FY20. Maintain LONG.
Nov. 9, 2017, 4:02 p.m.
Author : Equirus | Publisher:

Apollo Tyres: 2QFY18 Result Update
Nov. 3, 2017, 9:34 a.m.

Apollo Tyres Limited: Q2 FY 2018 Earnings Call
Nov. 2, 2017, 11:29 a.m.

We envisage the domestic tyre industry to witness a healthy growth trajectory on the back of diminishing impact of demonetisation/GST roll-out and the government’s vision to double the farm income by 2022.
Sept. 13, 2017, 4:03 p.m.