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Apollo Tyres among 6 F&O stocks with a high increase in futures OI

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Strong Q2 show puts Apollo Tyres back on investor radar

The consolidated operating profit of the Gurugram headquartered Apollo Tyres rose 63% year-on-year to Rs 1,159 crore in the September quarter driven by improving gross margin and cost reduction efforts. Revenue grew by 5% to Rs 6,279 crore. The operating margin expanded by 650 basis points year-on-year to 18.5%. ....

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Apollo Tyres stock soars 5.7% as net profit rises 164% in Q2

Following the company s impressive numbers, Apollo Tyres saw a robust start to Wednesday s trading session, with its stock opening at ₹391 per share, a significant increase from the previous day s close at ₹384.10. ....

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tyre stocks: Divergence in recommendations, but unity in direction: 4 tyre stocks with upside potential of up to 30%

It is a well known fact that if demand is growing at a fast pace, higher input cost can be easily passed on to the consumer. That is probably what the tyre industry is going through currently. Given the fact that natural rubber prices have moved up from the lows and still the companies have been able to deliver bottomline growth and expansion in margins is an indication that the demand tailwinds are extremely favorable. While the risk of headwind in terms of higher input cost stays, will the OEM and replacement demand continue to act as tailwinds? ....

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apollo tyres shares: Apollo Tyres shares fall 3% as labour union dispute halts production at Gujarat plant

"The company is in discussions and negotiations with the labour union representatives to address their concerns and find an amicable resolution," Apollo Tyres said in an exchange filing. ....

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