Apollo Tyres Limited
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has not been able to generate better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Apollo Tyres Limited
APOLLOTYRE
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has not been able to generate better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 26.25 | 1.43 | 1.33% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 139.33 | 5.73 | 0.61% |
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Apollo Tyres Limited is engaged in manufacturing and sale of automotive tires. The Company's segments include India, Europe and Others.
Brands
Investor PresentationView older
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PeersCompare with peers
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Buy Apollo Tyres, target price Rs 291: Chandan Taparia
2 days ago•Economic Times
RoCE likely to double for tyre companies; Apollo Tyres and Balkrishna Industries could give 12-20% return
1 week ago•Economic Times
Double your money in 3 years! Equirus Securities see 100% upside in these 5 stocks
2 weeks ago•Business Today
Recent EventsAll events
Closure of trading window
It is hereby informed that in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and pursuant to the Company's ￢ﾀﾜCode of Conduct to Regulate, Monitor and Report Trading By Designated Persons￢ﾀﾝ, the trading window for trading in securities of the Company will remain closed for all Concerned Persons with effect from October 1, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending September 30, 2022. | Download
It is hereby informed that in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and pursuant to the Company's ￢ﾀﾜCode of Conduct to Regulate, Monitor and Report Trading By Designated Persons￢ﾀﾝ, the trading window for trading in securities of the Company will remain closed for all Concerned Persons with effect from October 1, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending September 30, 2022. | Download
Cash Dividend
Final • Div/Share: ₹ 3.25
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value