Apollo Tires Share: Purchase Apollo Tires, Goal Rs 285: ICICI Direct

ICICI Direct has a purchase name with a goal value of Rs 285. Apollo Tires Ltd. , The present market value of Rs.251.35 is Rs. The time interval given by the analyst is 3 months when . The value might attain the goal set.

Apollo Tires Ltd., integrated within the 12 months 1972, is a Mid Cap firm (having a market cap of Rs 15963.26 Crore) working in Tires sector.

The main product/income segments of Apollo Tires Restricted embody tyres, tubes & flaps, different working income and scrap for the 12 months ended 31-March-2022.

monetary scenario

For the quarter ended 30-06-2022, the Firm reported Consolidated Whole Revenue of Rs.5952.61 crores, up 6.0% from Rs.5615.49 crores within the earlier quarter and up from Rs.4624.92 crores for the corresponding quarter final 12 months. 28.71% larger. Firm has reported Web Revenue after Tax of Rs 190.65 Crore in newest quarter.

Promoter/FII Holdings
As on 30-June-2022, promoters held 37.34 per cent stake within the firm, whereas FIIs held 24.72 per cent, DIIs held 13.46 per cent.

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