NSE: APOLLOTYRE | BSE: 500877

Mid-range Performer

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471.20 8.55 (1.85%)

27.04% Gain from 52W Low

1.5M NSE+BSE Volume

NSE 06 Jun, 2025 3:31 PM (IST)

29,926

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Apollo Tyres Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APOLLOTYRE, BSE:500877 Apollo Tyres Ltd.

Apollo Tyres Ltd.

11 May 2023

471.20

1.85%

Apollo Tyres

Hold: Apollo Tyres Ltd.

Recommendation Target

ICICI Direct

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

Apollo Tyres Ltd.

10 May 2023

471.20

1.85%

Operationally in line; EBITDA margin likely to sustain in FY24

Buy: Apollo Tyres Ltd.

Target

Motilal Oswal

Apollo Tyres Ltd. has gained 20.99% in the last 3 Months

Apollo Tyres Ltd.

10 May 2023

471.20

1.85%

Strong profitability aiding deleveraging

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Apollo Tyres’ (ATPY) Q4FY23 standalone EBITDA margin at 16% (up 300bps QoQ) was driven by 8% QoQ decline in raw material basket (RMB) costs, improved sales mix and cost controls. EU EBIDTA margin at ~18% was up 270bps QoQ driven by lower RM prices, decline in power/freight costs and further increase in mix of UHP/all-season tyres.

Apollo Tyres Ltd. is trading above its 150 day SMA of 464.1

Apollo Tyres Ltd.

07 Feb 2023

471.20

1.85%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

ICICI Direct

Apollo Tyres Ltd. is trading below its 30 day SMA of 478.7

Apollo Tyres Ltd.

07 Feb 2023

471.20

1.85%

Strong performance amid adversities

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Apollo Tyres’ (ATPY) Q3FY23 EBITDA margin at 14.2% (up 220bps QoQ) was 50bps ahead of our estimate despite cost inflation and weak demand in the EU. EU revenues were up 6% YoY to Rs21bn despite ~14% YoY decline in the PCR industry. India volume was down 4% YoY despite OEM volume growth of ~30% as replacement demand was down 8% and exports down 25%.

Apollo Tyres Ltd. is trading above its 150 day SMA of 464.1

Apollo Tyres Ltd.

06 Feb 2023, 12:00AM

471.20

1.85%

In-line; beat in India, offset by miss in EU

Buy: Apollo Tyres Ltd.

Target

Motilal Oswal

Apollo Tyres Ltd. is trading below its 30 day SMA of 478.7

Apollo Tyres Ltd.

06 Dec 2022, 12:00AM

471.20

1.85%

APOLLO TYRES

Accumulate: Apollo Tyres Ltd.

Target

Geojit BNP Paribas

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

Apollo Tyres Ltd.

16 Nov 2022

471.20

1.85%

Operationally in-line; need to focus on FCF ahead

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Apollo Tyres’ (ATPY) Q2FY23 EBITDA margin at 12% (up 35bps QoQ) was ahead of our estimate (11.5%) despite an adverse raw material cost environment (RM/sales ratio was the highest in a decade).

Apollo Tyres Ltd. has gained 20.99% in the last 3 Months

Is Apollo Tyres Ltd. worth buying?

668 Votes:

Buy 79.19%

Sell 9.73%

Hold 11.08%

RESEARCH REPORTS

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Buy SEE REPORTS >

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