NSE: APOLLOTYRE | BSE: 500877

Mid-range Performer

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439.80 -7.30 (-1.63%)

2.4M NSE+BSE Volume

High volume today

NSE 20 Jun, 2025 3:31 PM (IST)

27,931.7

Market Cap

High in industry

1.1

Beta 1Year

Average volatility

Dividend

Apollo Tyres Ltd. has an upcoming dividend of ₹5.00 per share due on 11 Jul 2025 See details

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.

16 May 2022

439.80

-1.63%

Apollo Tyres (Initiating Coverage): Sharp focus on boosting returns. ADD

Accumulate: Apollo Tyres Ltd.

HDFC Securities

While margins are likely to remain under pressure in near term, Apollo is expected to recover faster than peers once input costs stabilize; we factor in Apollo to post 37% earnings CAGR over FY22-24E. Given that it is nearing the end of the Capex cycle and with management's focus on sweating existing assets, we expect Apollo's leverage to reduce over FY22-24E, which would help shore up returns. Initiate with an ADD rating and a TP of INR229 / sh. Over the last few years, Apollo has invested in R&D, brand building, and expanding its distribution network. This has in turn led to market share improvement in both India and Europe. In India, while its share in TBR improved to 31% from 27% in FY18, its PCR share improved to 21% from 17% in FY18. It has also increased share in TBR and OHT segments in Europe in FY22. It has recently restructured its European business, leading to a sharp increase in EBITDA margin from 8% in FY20 to 18% in FY22. We expect Apollo to emerge as a major beneficiary of the favourable industry dynamics in India and continue to outperform Europe, given its lean cost structure.

Apollo Tyres Ltd. has an average target of 563.33 from 6 brokers.

Apollo Tyres Ltd.

16 May 2022

439.80

-1.63%

Apollo Tyres (Initiating Coverage): Sharp focus on boosting returns. ADD

Accumulate: Apollo Tyres Ltd.

HDFC Securities

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

Apollo Tyres Ltd.

16 May 2022

439.80

-1.63%

Apollo Tyres (Initiating Coverage): Sharp focus on boosting returns. ADD

Accumulate: Apollo Tyres Ltd.

HDFC Securities

Apollo Tyres Ltd. has an average target of 563.33 from 6 brokers.

Apollo Tyres Ltd.

16 May 2022

439.80

-1.63%

Apollo Tyres (Initiating Coverage): Sharp focus on boosting returns. ADD

Accumulate: Apollo Tyres Ltd.

HDFC Securities

Apollo Tyres Ltd. has an average target of 563.33 from 6 brokers.

Apollo Tyres Ltd.

14 May 2022

439.80

-1.63%

Operating performance beat driven by India business

Buy: Apollo Tyres Ltd.

Target

Motilal Oswal

Apollo Tyres Ltd. has an average target of 563.33 from 6 brokers.

Apollo Tyres Ltd.

14 May 2022

439.80

-1.63%

Apollo Tyres

Buy: Apollo Tyres Ltd.

ICICI Direct

Apollo Tyres Ltd. is trading below all available SMAs

Apollo Tyres Ltd.

08 Feb 2022

439.80

-1.63%

APOLLO TYRES

Accumulate: Apollo Tyres Ltd.

Recommendation Target

Geojit BNP Paribas

Apollo Tyres Limited manufactures tires and tubes for cars, trucks, farm equipment, and light commercial vehicles. The company markets its products with two global brands: Apollo and Vredestein in APMEA (Asia...

Apollo Tyres Ltd. has an average target of 563.33 from 6 brokers.

Apollo Tyres Ltd.

04 Feb 2022

439.80

-1.63%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Apollo Tyres Ltd. is trading below all available SMAs

Apollo Tyres Ltd.

13 Nov 2021

439.80

-1.63%

APOLLO TYRES

Buy: Apollo Tyres Ltd.

Hem Securities

YTD FY22 Product Mix: Truck & Bus (43%), PV (34%), Farm & Off Highway (12%), Light Truck (6%), Others (6%). YTD FY22 Channel Mix: Replacement (81%), OEM (19%)....

Apollo Tyres Ltd. is trading at high day volume of 2.3M.

Apollo Tyres Ltd.

02 Nov 2021

439.80

-1.63%

Apollo Tyres

Buy: Apollo Tyres Ltd.

ICICI Securities Limited

Expected India CV cyclical rebound, higher radialisation levels, pent up demand in PV and network expansion to be major topline drivers. We expect India-led 16.9% FY21-23E net sales CAGR Higher cost competitiveness post Dutch plant specialisation, Europe mix...

Apollo Tyres Ltd. is trading at high day volume of 2.3M.

Is Apollo Tyres Ltd. worth buying?

669 Votes:

Buy 79.22%

Sell 9.72%

Hold 11.06%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

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