Page 3 - Apollo Tyres

#DimTheLights! today for a brighter tomorrow: An Apollo Tyres initiative

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High valuation and margin concern may limit rally in Apollo Tyres

Healthy volume outlook, focus on debt reduction are key positives, say analysts

Apollo Tyres surges 10%, hits 52-week high on strong Q3 results

The margin performance was helped by recovery in topline earnings, subdued raw material cost, and control over costs, the management said

Stocks to watch: Airtel, Future Retail, SBI, Hero MotoCorp, Jubilant Food

HCL Technologies has formed a global strategic alliance with Alteryx, Inc to help companies with analytics automation and digital transformation priorities

Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high

Shares of JK Tyre & Industries hit a 52-week high of Rs 103.80 amid heavy volumes

Nifty Bank may hit record high in coming days: Nilesh Jain of Anand Rathi

Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels

Apollo Tyres launches portal to foray into online sales space

Apollo Tyres on Tuesday forayed into online sales space with the launch of an e-commerce portal that allows customers in India to buy car and two-wheeler tyres. This will work on the 'buy online, fit offline' model, where consumers can purchase their chosen tyre online and book an appointment with Apollo Tyres' dealer nearest to their location, to get the tyres fitted and serviced, the company said in a statement. The service will be initially available to customers in Delhi-NCR, Bengaluru, Mumbai and Kochi and will soon be expanded to other cities across the country, it added. Commenting on the launch of e-commerce portal, shop.apollotyres.com, Apollo Tyres President, Asia Pacific, Middle East & Africa (APMEA) Satish Sharma said the move symbolises the next step in the company's growth journey in India and its commitment to respond to customer needs. "This e-commerce platform will offer the consumers with a seamless online shopping experience, in addition to enabling an ...

OEM recovery, robust replacement demand to boost Apollo Tyres revenues

Price hikes to offset some of the the surge in raw material costs

Apollo Tyres hits 52-week high on heavy volumes, surges 66% in 3 months

Analysts expect the revenue growth for Apollo Tyres to accelerate, as the truck OEM segment is on the path to recovery and the replacement segment remains robust

Next gen from Apollo Tyres family floats an Uber for trucking industry

The start-up plans to rope in strategic investors to support its global expansion

Apollo Tyres lines up capital expenditure of Rs 2,600 cr for FY21, FY22

The company said that the demand is good and it is bullish about Q3 & Q4

Apollo Tyres renews association with Chennaiyin FC as Principal Sponsor

Apollo Tyres came onboard as CFC's Principal Sponsor ahead of the 2017-18 ISL campaign

Apollo Tyres: Investors should consider stock if volume growth sustains

Margin gains, however, depend on a hike in prices

Apollo Tyres reports two-fold increase in Q2 net profit at Rs 200 cr

The company had reported a net profit of Rs 83 crore in the July-September period of 2019-20

Tamil Nadu signs 14 MoUs worth Rs 10,000 cr, to create 7,000 new jobs

Among the companies that have committed investments are JSW Renew, Britannia, Apollo Tyres, Li-Energy for EV battery packs, Britannia and Hyundai Wia

Tyre makers cautious on outlook even as capacity utiliisation improves

Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports

Apollo Tyres slips 4% as Co reports net loss of Rs 135 cr for June quarter

The tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.

Covid-19 impact: Apollo Tyres reports net loss of Rs 135 cr in Q1FY21

Net sales during the quarter under review declined to Rs 2,828 crore, from Rs 4,272 crore in the year-ago period, Apollo Tyres said

Lessons from Covid-19: Swimming with the tide, says Apollo Tyres MD

Like everyone, the pandemic has affected my routine and schedule, says Neeraj Kanwar

No early end to the 'new normal', yet the show must go on: Apollo Tyres CMD

Stating that the uncertainty due to the coronavirus pandemic will continue, Apollo Tyres Chairman and Managing Director Onkar S Kanwar has said he doesn't see an early end to the 'new normal'. In view of a bleak global, Indian and European outlook, the tyre major has adopted a "cautious approach" with focus on employee safety, conserving cash, re-engineering production and cutting down all avoidable costs while continuing to spend on R&D, e-training and brand building, among others. "FY20 was a tough year by all measures. While the auto industry had been on a slow growth path even in FY19, the last year proved to be a complete dampener for the industry due to poor consumer sentiment, increased cost of ownership on account of higher insurance cost, and higher financing cost owing to the liquidity crisis in the non-banking financial company (NBFC) sector," Kanwar said in his address to shareholders in the company's annual report for 2019-20. He, however, said the company is still ...