Vedanta stock has corrected from a high of Rs 441 touched in April. The stock found support at the Rs 206 level in July 2022, which also roughly coincided with the 50-month SMA
Apollo Tyres stock opened higher at Rs 295 against the previous close of Rs 293.70 on BSE. Later, the tyre maker hit a 52-week high of Rs 312.35, rising 6.35% on BSE
Apollo Tyres share price: The tyre stock slipped 6.80 per cent to hit a low of Rs 277.45 on NSE, erasing 4.3 per cent gains it witnessed in the previous session. On Wednesday, a total of 5.66 lakh Apollo Tyres shares changed hands on BSE.
In the midcap space, the brokerage firm believes that Apollo Tyres may hit Rs 597 in the next three years. This indicates an upside of 107 per cent from the current market price of Rs 288.20.
Shares of MRF, which extended their fall today, touched a 52-week high of Rs 93,855 in the previous session before ending on a lower note. The stock further slipped 7.42 per cent to trade at Rs 85,869 in late deals today.