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Apollo Tyres block deal: Apollo Tyres jumps 7%, hit 52-week high after block deal

The price action was supported by strong volume action with traded volume reported over 19.72 lakh shares. Meanwhile, on the BSE the spurt in volume was a whopping 224 times. Momentum indicators RSI and MFI showed days levels at 64 and 65, respectively, according to Trendlyne data. Apollo Tyres shares are currently trading above their 50-day and 200-day simple moving averages (SMAs).

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