446.6000 -4.45 (-0.99%)
NSE Jun 26, 2025 15:31 PM
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Apollo Tyres Ltd.
06 Feb 2019
446.60
-0.99%
LKP Securities
Domestic market growth strong despite OEM slowdown in Q3 Margins impacted by higher RM costs Apollo's standalone net sales grew by 16% yoy and 0.5% qoq to 30.6bn. The yoy growth came on the back of 11% blended volume growth, out of which the TBR segment volumes grew at double digit yoy, while PCR de-grew in mid-single digit. OEM segment sales declined, however Replacement segment showed a double digit growth on a yoy basis. The company rolled back price hike of 2% (taken earlier in the quarter) viewing lower demand later. RM prices saw a hike of 13% yoy and 2% qoq on rubber price hike as well as fuel price surge during the quarter. Hence, at...
Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr
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