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Apollo Tyres, CEAT, JK Tyre hit 52-week highs today; here's why

Apollo Tyres surged for the third day in a row to hit a fresh 52-week high of Rs 318. CEAT jumped for the fourth consecutive day to hit a fresh one-year high of Rs 1,952.80. JK Tyre gained hit a 52-week high of Rs 203.95. ....

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Apollo Tyres shares hit 52-week high as UBS sees 21% upside

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 ....

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Apollo Tyres shares resume downtrend, fall 7% amid heavy volumes

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. ....

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Double your money in 3 years! Equirus Securities see 100% upside in these 5 stocks

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. ....

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Desi tyre maker in a fast lane, but analysts see many bad patches where it can skid

Desi tyre maker in a fast lane, but analysts see many bad patches where it can skid
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Desi tyre maker in a fast lane, but analysts see many bad patches where it can skidBy
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Some analysts are still upbeat in their long-term outlook for the stock and project up to 59 per cent rise in a year’s time.
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NEW DELHI: Good quarterly numbers alone aren’t earning you a re-rating on Dalal Street. Analysts are more focused on the headwinds appearing on the horizon before upgrading a stock.
Apollo Tyres is one case, where despite solid March quarter numbers, which were above consensus estimates in terms of both revenues and margins, the stock is struggling to get a secular rerating. ....

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