Buy Apollo Tyres for target of Rs 75-79: Nirmal Bang

MUMBAI: Nirmal Bang has advised traders to buy Apollo Tyres for target of Rs 75-79.

“Buy Apollo Tyres on decline and hold from a short term perspective keeping a stoploss of Rs 68. Huge delivery volumes were witnessed and the structure looks very positive. In the near term we could see a level of Rs 75-79,” the report said.