456.5500 -9.25 (-1.99%)
NSE Aug 26, 2025 15:31 PM
Volume: 718.6K
 

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Apollo Tyres Ltd.
12 Aug 2023
456.55
-1.99%
ICICI Securities Limited
Apollo Tyres’ (APTY) consolidated Q1 EBITDA was 4% higher than consensus despite revenue falling 3% below estimates, as subdued volumes across India and EU got hidden behind the robust standalone EBITDAM execution of 17.8% (up 190bps QoQ). Exports, which typically account for ~15% of standalone revenue, saw volume decline of ~30% YoY vs EU business volume declining ~9% YoY.
Apollo Tyres Ltd. is trading above its 150 day SMA of 444.6
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