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Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct   ITC Ltd Buy ITC Ltd @ 506-507 Target 512.20 Stop Loss 503.90   Apollo Tyre Ltd Buy Apollo Tyre Ltd @ 504-505 Target 499.80 Stop Loss 507.60   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330
Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct
Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct
Source: ICICI Direct
2024-10-08 10:19:51 am
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct Bank of Baroda Ltd Buy Bank of Baroda Ltd @ 248.50-249.50 Target 252.00 Stop Loss 247.40   Apollo Tyre Ltd Buy Apollo Tyre Ltd @ 514-515 Target 509.80 Stop Loss 517.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct
Source: ICICI Direct
2024-10-07 10:41:44 am
Stock of the day : Apollo Tyres Ltd For Target Rs. 560 - Religare Broking Apollo Tyres Ltd  * After a decent correction from record high levels, the stock retraced to the support of its long term moving average i.e. 200 EMA. * The stock consolidated in a broader range shaping into a reverse triangle pattern. * It has also registered a breakout from its falling trend line which suggest resumption of uptrend. * Thus, traders can consider longs in the mentioned range. Buy Apollo Tyres Ltd CMP 528.65 ...
Stock of the day : Apollo Tyres Ltd For Target Rs. 560 - Religare Broking
Stock of the day : Apollo Tyres Ltd For Target Rs. 560 - Religare Broking
Source: Religare Broking Ltd
2024-09-25 12:04:38 pm
Buy Apollo Tyres Ltd For Target Rs. 600 By Emkay Global Financial Services APTY posted a significantly weak Q4, missing consensus/our consol. EBITDA estimate by ~20% due to weak India operations in both, revenue and margin. APTY guided to gradual improvement in the demand outlook in India and stable demand in Europe; but margin could remain pressured with further spike in RM costs in 2Q/3Q. While APTY reiterated its stance on maintaining focus on profitability/cash flows, it said it will keep close watch on the demand scenario and competitive landscape following the...
Buy Apollo Tyres Ltd For Target Rs. 600 By Emkay Global Financial Services
Buy Apollo Tyres Ltd For Target Rs. 600 By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2024-08-11 03:28:56 pm
Buy Apollo Tyres Ltd For Target Rs.550 By JM Financial Services During 1QFY25, Apollo Tyres reported consol. adj. EBITDAM of 14.4%, 170bps below JMFe. Domestic replacement demand continues to remain healthy. And, overall replacement segment is expected to grow by high single-digit during FY25. Demand in the International markets has also started to recover, albeit gradually. RM basket continues to inch-up. So far, pricing environment in domestic replacement market has been largely stable. However, with rising competitive intensity (in certain segments), a...
Buy Apollo Tyres Ltd For Target Rs.550 By JM Financial Services
Buy Apollo Tyres Ltd For Target Rs.550 By JM Financial Services
Source: JM Financial Services Ltd
2024-08-10 04:49:06 pm
Stock of the day : Apollo Tyres Ltd  For Target Rs.565 - Religare Broking Apollo Tyres Ltd. * Tyres related stocks has been performing well and APOLLOTYRE is offering fresh buying opportunity. * Oflate stock had registered a breakout from the consolidation range with strong surge in volumes. * It has rebounded strongly finding support near its previous resistance zone and short term moving average highlights bullish tone to continue. * Traders can consider fresh longs in the mentioned range.   Buy Apollo Tyres Ltd CMP 536.90&nbs...
Stock of the day : Apollo Tyres Ltd  For Target Rs.565 - Religare Broking
Stock of the day : Apollo Tyres Ltd  For Target Rs.565 - Religare Broking
Source: Religare Broking
2024-07-10 10:42:34 am
Buy Apollo Tyres Ltd for Target Rs. 600 By Emkay Global Financial Services Soft quarter; improving demand outlook lends margin visibility Q4 results were soft, with flat revenues, and ~80bps QoQ margin decline to ~17.5% (adj. for ~110bps EPR provision). Replacement, exports, and Europe demand outlook is improving, with strengthening mix and sustained focus on profitability. Recent spike in RM, emergence of EPR burden (~1% of sales for industry), and CV softness have caused ~14% fall in APTY’s stock price from the recent peak. However, we retain BUY because ...
Buy Apollo Tyres Ltd for Target Rs. 600 By Emkay Global Financial Services
Buy Apollo Tyres Ltd for Target Rs. 600 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-07-09 03:20:32 pm
Buy Apollo Tyres Ltd For Target Rs. 550 By JM Financial Services Demand recovery / Profitability focus to drive performance During 4QFY24, Apollo Tyres reported consol. adj. EBITDAM of 17.5%, in-line with JMFe. EPR liability related cost had an impact of 110bps on consol. margins. Domestic replacement demand has started picking-up from Apr’24. And, overall replacement demand is expected to grow by high single-digit / double-digit during FY25. Demand in the International markets has also started to recover, albeit gradually. Pricing environment in ...
Buy Apollo Tyres Ltd For Target Rs. 550 By JM Financial Services
Buy Apollo Tyres Ltd For Target Rs. 550 By JM Financial Services
Source: JM Financial Services
2024-07-03 05:06:40 pm
Buy Apollo Tyres Ltd. For Target Rs. 550 - Motilal Oswal Financial Services Improving outlook in both India and EU EPR and higher RM cost impact to be offset by price hikes * APTY’s 4QFY24 consol. EBITDA margin came in at 17.2% (+120bp YoY), adjusted for EPR expenses. Volumes saw marginal growth, with OEM volumes seeing a double-digit decline as APTY focused on profitability in the TBR OEM segments. EU margins came in at 19.1% (+100bp YoY), largely led by an improved mix, despite a volume decline in the underlying PCT industry. APTY has increased prices ...
Buy Apollo Tyres Ltd. For Target Rs. 550 - Motilal Oswal Financial Services
Buy Apollo Tyres Ltd. For Target Rs. 550 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-27 11:54:09 am
Reduce Apollo Tyres Ltd. For Target Rs.506 - Elara Capital Weak quarter; cost pressures loom India revenue growth underperforms; good EU margin Apollo Tyres (APTY IN) Q4 consolidated revenue was flat YoY and down 5% QoQ to INR 62.6bn, due to weak EU and India revenue. EU revenue was flat YoY while it declined 16% QoQ to INR 18.6bn with an EBIT margin contracted 220bp QoQ to 9.8%. Consolidated EBIDTA margin dipped 190bp QoQ to 16.4%. Standalone revenue grew 1.3% QoQ to INR 43.8bn vs 1% QoQ growth of CEAT and 2.8% QoQ growth of MRF. Apollo’...
Reduce Apollo Tyres Ltd. For Target Rs.506 - Elara Capital
Reduce Apollo Tyres Ltd. For Target Rs.506 - Elara Capital
Source: Elara Capital
2024-06-07 12:42:12 pm
Apollo Tyres Q4 net profit dips 14 pc Apollo Tyres on Tuesday reported a 13.7 per cent decline in net profit at Rs 354 crore for the Jan-March quarter of 2023-24 compared with the corresponding figure of Rs 410.30 crore for the same period of the previous year. The Apollo Tyres board has “recommended a dividend of Rs 6 per equity share (i.e. 600 per cent) on the face value of Rs 1 each for FY24, subject to the approval of the shareholders at the ensuing AGM of the company, which shall be paid/ dispatched on or before 30 ...
Apollo Tyres Q4 net profit dips 14 pc
Apollo Tyres Q4 net profit dips 14 pc
Source: IANS
2024-05-15 09:47:20 am
Buy Apollo Tyres Ltd. For Target Rs.: 625 - Emkay Global APTY’s Q3 margins remained steady QoQ at 18.3%, led by European operations in a seasonally-strong quarter. APTY’s calibrated capex approach and commentary around focus on profitability and return ratios, reinforces our arguments about structural tailwinds in tyres (restricted imports, greater export competitiveness, premiumization in underlying OEMs, and controlled capex ensuring sustained high utilization). These, along with stable demand prospects, would help sustain current str...
Buy Apollo Tyres Ltd. For Target Rs.: 625 - Emkay Global
Buy Apollo Tyres Ltd. For Target Rs.: 625 - Emkay Global
Source: Emkay Global
2024-05-01 11:27:51 am
Buy Apollo Tyres Ltd For Target Rs. 560 - JM Financial Institutional Securities During 3QFY24, Apollo Tyres reported consol. EBITDAM of 18.3%, 50bps above JMFe. This was led by lower than expected RM costs. Operating performance was healthy across India and European (EU) operations. Domestic replacement demand is expected to be muted in the near-term. Demand in the International markets has started to recover, albeit gradually. Pricing environment in domestic replacement market is largely stable. Focus on favourable mix and tight cost control is expected to support margi...
Buy Apollo Tyres Ltd For Target Rs. 560 - JM Financial Institutional Securities
Buy Apollo Tyres Ltd For Target Rs. 560 - JM Financial Institutional Securities
Source: JM Financial Services
2024-04-28 09:56:33 am
Stock Picks : Sun Pharma Ltd And Apollo Tyre Ltd By ICICI Direct Sun Pharma(SUNPHA) Buy Sun Pharma Ltd @1320-1322; Target 1335.00; Stop Loss 1314.00   Apollo Tyre(APOTYR) Buy Bombay Dyeing  Ltd @155-159; Target 172.00; Stop Loss 151.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Sun Pharma Ltd And Apollo Tyre Ltd By ICICI Direct
Stock Picks : Sun Pharma Ltd And Apollo Tyre Ltd By ICICI Direct
Source: ICICI Securities
2024-01-10 10:22:45 am
Buy Apollo Tyres Ltd For Target Rs.470 - Emkay Global Financial Services APTY Q2 margins were up by 163bps QoQ to 18.5% (vs. Emkay: ~16.6%) amid better mix, softer RM prices and cost controls. The tyre space is still in a sweet spot, given that the industry is buoyed by structural tailwinds (restricted imports, greater export competitiveness, premiumization in the underlying OEM space, and calibrated capex-spends ensuring sustained high utilization levels), with stable demand prospects - leading us to believe that current strong profitability levels would sustain,...
Buy Apollo Tyres Ltd For Target Rs.470 - Emkay Global Financial Services
Buy Apollo Tyres Ltd For Target Rs.470 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-11-29 12:03:15 pm
Stock of the day : Apollo Tyres Ltd For Target Rs.445 - Religare Broking Apollo Tyres Ltd * We are seeing noticeable traction in the tyres pack and Apollotyre is leading from the front. * Formed a fresh buying pivot while holding above the intermediate support zone and short term moving average. * Set for a breakout and cross the previous swing high. * We thus recommend creating fresh longs in the mentioned zone.
Stock of the day : Apollo Tyres Ltd For Target Rs.445 - Religare Broking
Stock of the day : Apollo Tyres Ltd For Target Rs.445 - Religare Broking
Source: Religare Broking Ltd
2023-11-29 10:06:29 am
Stock Picks : LTI Mindtree Ltd and Apollo Tyre Ltd By ICICI Direct LTI Mindtree Ltd Buy LTI Mindtree Ltd @5508-5512; Target 5560.00; Stop Loss 5484.00   Apollo Tyre Ltd Buy Apollo Tyre Ltd @426-427; Target 432.00; Stop Loss 424.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631  
Stock Picks : LTI Mindtree Ltd and Apollo Tyre Ltd By ICICI Direct
Stock Picks : LTI Mindtree Ltd and Apollo Tyre Ltd By ICICI Direct
Source: ICICI Direct
2023-11-17 10:25:20 am
Apollo Tyres zooms on reporting over 2-fold jump in Q2 consolidated net profit Apollo Tyres is currently trading at Rs. 408.20, up by 22.90 points or 5.94% from its previous closing of Rs. 385.30 on the BSE. The scrip opened at Rs. 391.00 and has touched a high and low of Rs. 409.90 and Rs. 391.00 respectively. So far 916432 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 440.95 on 04-Aug-2023 and a 52 week low of Rs. 270.05 on 18-Nov-2022. Last one week high and low of the scrip stood at ...
Apollo Tyres zooms on reporting over 2-fold jump in Q2 consolidated net profit
Apollo Tyres zooms on reporting over 2-fold jump in Q2 consolidated net profit
Source: Accord Fintech
2023-11-08 02:46:26 pm
India`s Apollo Tyres beats Q2 profit view on higher auto sales Indian tyre maker Apollo Tyres Ltd. reported a better-than-expected second-quarter profit on Tuesday, boosted by higher auto sales and lower input costs. Consolidated profit more than doubled to 4.74 billion rupees ($56.94 million) for the quarter ended Sept. 30 from 1.79 billion rupees a year earlier. Analysts, on average, had expected a profit of almost 4.33 billion rupees, according to LSEG data. Despite the festival season being pushed to the third fiscal quarter, analysts had an...
India`s Apollo Tyres beats Q2 profit view on higher auto sales
India`s Apollo Tyres beats Q2 profit view on higher auto sales
Source: Reuters
2023-11-08 10:40:32 am
Buy Apollo Pipes Ltd For Target Rs.820 - Yes Securities Growth momentum to continue, Assign BUY! Result Synopsis Apollo Pipes Ltd registered a healthy quarter wherein volumes increased by 28%YoY (2-year CAGR came in at 17%), largely driven by strong demand from plumbing segment. During the quarter, plumbing contributed 55% of total revenue & agrisegment constituted 45% of revenue. ASP improved sequentially to Rs126/kg due to better product-mix which resulted into better GP margins, though the same did not translate into higher operating ...
Buy Apollo Pipes Ltd For Target Rs.820 - Yes Securities
Buy Apollo Pipes Ltd For Target Rs.820 - Yes Securities
Source: Yes Securities Ltd
2023-11-03 01:29:32 pm
Stock of the day : Apollo Tyres Ltd For Target Rs.415 - Religare Broking Ltd Apollo Tyres Ltd * Apollotyre has been consolidating in a range i.e. 365-395 for the last three months. * The recent traction in the tyre pack combined with uptick in volumes is pointing towards a breakout soon. * Besides, the support zone of multiple moving averages is further adding to the positivity. * We thus recommend creating fresh longs in the mentioned range. BUY Apollo Tyres Ltd CMP 387.40; Range 386-389; SL 374; Target 415     Please refer ...
Stock of the day : Apollo Tyres Ltd For Target Rs.415 - Religare Broking Ltd
Stock of the day : Apollo Tyres Ltd For Target Rs.415 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-11-03 10:41:33 am