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Reduce Apollo Tyres: target of Rs 447: ICICI Securities

ICICI Securities recommended reduce rating on Apollo Tyres with a target price of Rs 447 in its research report dated May 15, 2024.

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Apollo Tyres block deal: Warburg Pincus arm likely to sell 3 5% stake for Rs 1,040 crore

The floor price for the block deal will likely be Rs 460-465 per share

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Rane Holdings: Rane Holdings consolidated Q4 PAT at ₹38cr | Chennai News

Rane Holdings reported a consolidated net profit of Rs 38.4 crore for Q4FY24, recovering from a loss. Total revenue was Rs 874.4 crore, down 8%, with EBITDA at Rs 87.6 crore, a 23.4% decrease. Full-year net profit was Rs 149.6 crore, up 71.4%, with an EBITDA margin of 9.5%.

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apollo tyres shares: Apollo Tyres shares jump 7% post Q4 results Should you buy or sell?

Apollo Tyres shares rose by 7% to Rs 508 in Thursday s trading session on the BSE, despite the company posting modest financial results for the March quarter of FY24. Although the firm reported a 13.7% year-on-year (YoY) decrease in net profit, amounting to Rs 354 crore compared to Rs 410.3 crore in the same quarter last year, brokerage firms maintained a largely optimistic outlook on the stock.

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Apollo Tyres jumps over 7%; Find out what s driving the rally? - Market News

Apollo Tyres jumps over 7%; Find out what s driving the rally? - Market News
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