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Apollo Tyres Share Price Today: Apollo Tyres Edges Lower After Reporting Net Profit Of Rs 128 Crore In June Quarter

Apollo Tyres Share Price Today: Apollo Tyres Edges Lower After Reporting Net Profit Of Rs 128 Crore In June Quarter
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Three stocks Ajit Mishra is bullish on: Buy Bata India, Berger Paints

Three stocks Ajit Mishra is bullish on: Buy Bata India, Berger Paints
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Nifty: F&O: Nifty again forms higher highs & lows; VIX eases a little

Nifty: F&O: Nifty again forms higher highs & lows; VIX eases a little
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Desi tyre maker in a fast lane, but analysts see many bad patches where it can skid


Desi tyre maker in a fast lane, but analysts see many bad patches where it can skid
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Desi tyre maker in a fast lane, but analysts see many bad patches where it can skidBy
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Some analysts are still upbeat in their long-term outlook for the stock and project up to 59 per cent rise in a year’s time.
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NEW DELHI: Good quarterly numbers alone aren’t earning you a re-rating on Dalal Street. Analysts are more focused on the headwinds appearing on the horizon before upgrading a stock.
Apollo Tyres is one case, where despite solid March quarter numbers, which were above consensus estimates in terms of both revenues and margins, the stock is struggling to get a secular rerating. ....

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