Nifty Midcap 100 News and Updates

Name: Latest research reports of Apollo Tyres Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Apollo Tyres Ltd.
Rating: 5
Author: ICICI Securities Limited

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Biocon Ltd.

15 May 2025

334.05

-0.30%

Biocon Gets Investec's 'Buy' Initiation As Strong Upside Seen On Biosimilars, Generics

NDTV Profit

With fiscal 2025 being a low base year due to losses, earnings per share are forecast to more than double by financial year 2028, said Investec.

Biocon Ltd. is trading below its 100 day SMA of 346.1

ACC Ltd.

15 May 2025

1920.80

-0.83%

ACC PLI beneficiary companies seek extension; govt may consider it

Business Standard

Firms cite equipment delays from China for missing ACC PLI milestones; govt mulls extension request, penalties imposed for breaching December 2024 deadline

ACC Ltd.'s price crossed below 50Day SMA today

Apollo Tyres Ltd.

15 May 2025

495.55

0.31%

Margin outlook improving; growth recovery underway

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Post underperforming domestic peers in FY25, Apollo Tyres (APTY) is aiming to outgrow peers going ahead. This will be led by corrective measures undertaken in the last couple of quarters with respect to addressing product gaps (adding SKUs), hiring key personnel etc.

Apollo Tyres Ltd. has gained 27.08% in the last 3 Months

Lupin Ltd.

15 May 2025

1949.20

-1.07%

Niche products and superior execution lead to robust 4Q and FY25 performance

Neutral: Lupin Ltd.

Target

Motilal Oswal

Lupin (LPC) delivered slightly better-than-expected revenue, EBITDA, and PAT for the quarter (4% beat). LPC continues to track well in the US generics segment (40% of 4Q sales), clocking the highest quarterly run-rate of USD245m over the past 24 quarters.

Motilal Oswal increased Neutral price target of Lupin Ltd. to 2200.0 on 15 May, 2025.

Apollo Tyres Ltd.

15 May 2025

495.55

0.31%

Underperforms peers

Buy: Apollo Tyres Ltd.

Target

Motilal Oswal

APTY’s 4QFY25 earnings, although in line with our estimates, have been below par compared with peers. Consolidated PAT (adjusted for one-offs) declined 42% YoY to INR2.7b (in line) due to a 420bp decline in EBITDA margin to 13% (in line).

Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr

Page Industries Ltd.

15 May 2025

46170.00

-1.31%

Strong volume growth with robust margin expansion

Buy: Page Industries Ltd.

Motilal Oswal

Page Industries (PAGE) reported 11% YoY sales growth in 4QFY25 (est. 8%; 7% in 3QFY25) and ~9% volume growth (est. 6%; 5% in 3QFY25) to 49m units. Volume growth was driven by consistent efforts in product innovation, marketing and distribution.