Risk factor
Negligible price volatility
Profitability factor
Slightly undervalued vs peers
About
Apollo Tyres Limited, established in 1972 and headquartered in Gurugram, India, is a prominent manufacturer and distributor of automotive tires, tubes, and flaps. The company's operational reach extends globally, encompassing the Asia Pacific region, the Middle East, Africa, Europe, and various international markets. Its diverse product portfolio covers a wide array of vehicles, including passenger cars, sports utility vehicles, multi-utility vehicles, light trucks, truck-buses, agricultural machinery, industrial equipment, specialty applications, bicycles, off-highway vehicles, and two-wheelers. Additionally, Apollo Tyres supplies retreading materials and tires, alongside alloy wheels. Their offerings are primarily available under the Apollo and Vredestein brand names.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reasonably pr
Target Price
The average target price of APOLLOTYRE.NS is 479 and suggests 13% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomme