Motilal Oswal has buy call on Apollo Tyres Ltd. with a target price of Rs 300. The current market price of Apollo Tyres Ltd. is Rs 226.7. Time period given by analyst is one year when Apollo Tyres Ltd. price can reach defined target.
Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 14308.82 Crore) operating in Tyres sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 5087.57 Crore, down -2.49 % from last quarter Total Income of Rs 5217.42 Crore and up 41.02 % from last year same quarter Total Income of Rs 3607.74 Crore. Company reported net profit after tax of Rs 287.25 Crore in latest quarter.