Apollo Tyres Ltd.
Share Price Target & Analysis
NSE:APOLLOTYRE
VWAP
Open
Close
High
Low
52 Week High
13.70 (2.85%)
APOLLOTYRE
(AUTOMOBILE)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: APOLLOTYRE Share Price Financial Analysis & Valuation
Apollo Tyres Ltd. (APOLLOTYRE) is broadly categorized in AUTOMOBILE segment industry which deals in Tyres vertical.
It is one of Mid Cap company with Market Capitalization of Rs 13692.8 (in Cr). Total number of free float shares are 57.2 (in Lacs).
Apollo Tyres Ltd. is listed on NSE with Exchange ID - INE438A01022 and trading code is NSE:APOLLOTYRE with short name Apollo Tyres.
Apollo Tyres Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, Apollo Tyres Ltd. has declared an equity dividend of Rs 6 per share. At the current share price of APOLLOTYRE at Rs 495.00, this results in a dividend yield of 1.21 %.
As per the Fundamental Analysis of NSE:APOLLOTYRE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine APOLLOTYRE underlying value and future prospects. All of this data is available in APOLLOTYRE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:APOLLOTYRE, it is clearly understood that APOLLOTYRE is Economical performer in terms of earnings and profit margins with an EPS of 13.6. NSE:APOLLOTYRE book value per share as of today is 164.37. The current price to book ratio for APOLLOTYRE as of Nov 23, 2024 is 3.01.
Valuation of the Stock: The current valuation of APOLLOTYRE stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of APOLLOTYRE whether to BUY this stock at current valuation. The delivery percentage of APOLLOTYRE is 30.87% is very crucial parameter which shows that 30.87% investors are anticipating that the price of APOLLOTYRE share should go up with VWAP at 489.63.
Now, the main question is whether to BUY or SELL, NSE:APOLLOTYRE at current valuation.
As per latest Analysis No. #1320:-
⇑ STRONG BUY APOLLOTYRE if All Greens
⇗ BUY APOLLOTYRE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD APOLLOTYRE (With Stop Loss) if only 1 Green
⇘ SELL APOLLOTYRE if NO Green Indicator
NSE: APOLLOTYRE Share Price Today (Nov 23, 2024)
(Apollo Tyres Ltd. Daily Analysis on the basis of APOLLOTYRE Intraday Graph & Trend)
Apollo Tyres Ltd. share price moved Up by 2.85% from its previous close of Rs 481.3. APOLLOTYRE stock last traded price is 495.00. APOLLOTYRE share price trend is Up with a total of 1105430 stocks traded till now. It has touched an intraday high of Rs 496.1 and an intraday low of Rs 479.9. The APOLLOTYRE trading at 495.00, Up by Rs. 13.70, or 2.85 percent which suggests that most of the Traders are anticipating that the price of APOLLOTYRE share should go Up.
NSE: APOLLOTYRE Share Price Tomorrow Prediction
(Apollo Tyres Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of APOLLOTYRE)
Apollo Tyres Ltd. share price moved Up by 2.85%. APOLLOTYRE share price short term trend is Up. It suggests that APOLLOTYRE Share Price for Tomorrow remains the same with VWAP at 489.63 will be treated as stop loss for intraday traders. Apollo Tyres Ltd. Long term investors can follow the APOLLOTYRE long term trend as mentiond in future forecast table.
NSE Code |
NSE: APOLLOTYRE |
APOLLOTYRE Share Price Today |
495.00 |
APOLLOTYRE Share Price Target Prediction for 2024 ^ |
434 - 529.8 |
APOLLOTYRE Share Price Target Prediction for 2025*^ |
529.8 - 626.2 |
APOLLOTYRE Share Price Target Prediction for 2026*^ |
626.2 - 670 |
APOLLOTYRE Share Price Target Prediction for 2027*^ |
704 |
APOLLOTYRE Share Price Target Prediction for 2028*^ |
724 |
APOLLOTYRE Share Price Target Prediction for 2030*^ |
789 |
APOLLOTYRE Current Book Value 2023 |
163.5 |
*Apollo Tyres Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^APOLLOTYRE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
APOLLOTYRE Technical Analysis
Candlestick Pattern: @475.3MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 475.51 | SELL | 474.7 | BUY |
MA_12 | 487.53 | SELL | 483.87 | SELL |
MA_20 | 489.94 | SELL | 489.19 | SELL |
MA_32 | 501.58 | SELL | 496.24 | SELL |
MA_50 | 508.4 | SELL | 500.66 | SELL |
MA_100 | 512.39 | SELL | 503.72 | SELL |
MA_200 | 504.3 | SELL | 491.14 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 489.94 | Downtrend |
MACD | -2.03 | SELL |
ADX | 23.15 | NO or Weak Trend |
DMI (+/-) | 11.53 / 34.22 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 42.15 | Neutral |
STOCHASTIC_K (Fast) | 37.25 | Neutral |
STOCHASTIC_D (Slow) | 17.16 | Oversold |
CCI | -143.88 | SELL |
PSAR | 500.52 | SELL |
TRUE RANGE | 30.4 | Neutral |
ATR | 15.62 | SELL |
WILLIAMS R | -54.64 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 80.07 | Overbought |
STOCHASTIC RSI D | 26.69 | Neutral |
MOMENTUM | -43.5 | SELL |
Duration | Value |
---|---|
1 Year | 13.37% |
3 Months | -2.08% |
1 Month | -8.38% |
1 Week | -4.46% |
Action | Overall (%) |
---|---|
BUY | 7% |
NEUTRAL / HOLD | 23% |
SELL | 70% |
Most popular Questions & Answers about APOLLOTYRE
Apollo Tyres Ltd. stock last traded price is 495.00. APOLLOTYRE share price moved Up by 2.85% from its previous close of Rs 481.3.
Apollo Tyres Ltd. share price trend is Up with a total of 1105430 stocks traded till now. It has touched an intraday high of Rs 590.749 and an intraday low of Rs 479.9. The APOLLOTYRE trading at 495.00, Up by Rs. 13.70, or 2.85 percent which suggests that most of the Traders are anticipating that the price of APOLLOTYRE share should go Up and the Stop Loss will be around 489.63.
The market cap of Apollo Tyres Ltd. is ₹13692.8 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Apollo Tyres Ltd. as of Nov 22, 2024 is 26.69.
The current price to book ratio for Apollo Tyres Ltd. as of Nov 22, 2024 is 3.01.
The highest price of Apollo Tyres Ltd. stock is ₹584.9 in the last 52-week.
The lowest price of Apollo Tyres Ltd. stock is ₹413.95 in the last 52-week.
Apollo Tyres Ltd. share trading at ₹495.00, Up by Rs. 13.70, or 2.85 percent which suggests that most of the traders are anticipating that the price of APOLLOTYRE share should go Up.
In 2023, Stock price target for Apollo Tyres Ltd. (APOLLOTYRE) are ₹434 on downside and ₹529.8 on upside. Apollo Tyres Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Apollo Tyres Ltd. (APOLLOTYRE) are ₹529.8 on downside and ₹626.2 on upside. Apollo Tyres Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Apollo Tyres Ltd. (APOLLOTYRE) are ₹626.2 on downside and ₹670 on upside. Apollo Tyres Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Apollo Tyres Ltd. (APOLLOTYRE) will be around ₹724 Apollo Tyres Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of APOLLOTYRE.
The price of Apollo Tyres Ltd. (APOLLOTYRE) shares moved by 2.85%. The short-term trend for APOLLOTYRE share price is Up. It implies that the share price of APOLLOTYRE will stay the same tomorrow and that intraday traders should treat VWAP at 489.63 as a stop loss. Investors with a long-term outlook can track APOLLOTYRE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of APOLLOTYRE stock is 163.1. Compared to the current market price of 495.00 INR, the APOLLOTYRE stock is Overvalued by 67.1%.
As per the fundamental analysis of Apollo Tyres Ltd. (APOLLOTYRE), it is of Economical quality in terms of earnings and profit margins with an EPS of 13.6. Apollo Tyres Ltd. book value per share as of today is 164.37. The current price to book ratio for APOLLOTYRE as of Nov 23, 2024 is 3.01.
NSE:APOLLOTYRE News & Other Useful Information about APOLLOTYRE Share Price
Peer Comparison of NSE: APOLLOTYRE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Tyres
Company | Price | EPS | BV |
---|---|---|---|
BALKRISIND | 2763.60 | 83.64 | 458.41 |
MRF | 124597.00 | 4493.01 | 38764.7 |
APOLLOTYRE | 495.00 | 13.6 | 164.37 |
CEATLTD | 2844.55 | 143.75 | 976.79 |
JKTYRE | 361.20 | 20.18 | 142.28 |
GOODYEAR | 1273.70 | 58.62 | 261.46 |
TVSSRICHAK | 3582.90 | 100.99 | 1454.83 |
PTL | 40.32 | 2.27 | 63.69 |
ELGIRUBCO | 99.51 | 2.51 | 62.69 |
MODIRUBBER | 127.08 | 4.09 | 93.27 |