ICICI Direct has a buy call on Apollo Tyres with a target price of Rs 284.0. The current market price of Apollo Tyres is Rs 269.8. Time period given by analyst is the month when Apollo Tyres Ltd. price can reach the defined target. ICICI Direct recommended keeping a stop loss at Rs 248.
Apollo Tyres Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 15448.21 Crore) operating in Tyres sector.Apollo Tyres Ltd is the world's 17th biggest tyre manufacturer, with annual consolidated revenues of Rs 140.53 billion in March 2017. It was founded in 1972. Its first plant was commissioned in Perambra, Thrissur, Kerala, India
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