Buy Apollo Tyres, target Rs 285: Kunal Bothra

Buy Apollo Tyres Ltd. at a price target of Rs 285.0 and a stop loss at Rs 260 from entry point.

Independent analyst Kunal Bothra has a buy call on Apollo Tyres with a target price of Rs 285.

The current market price of Apollo Tyres is Rs 268.50.

Time period given by the analyst is 'Intra Day' when Apollo Tyres price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 260.

Apollo Tyres, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 15,708.49 Crore) operating in Tyres sector.

The company’s top management includes Dr.M Beena, Dr.S Narayan, GeneralBikram Singh, Mr.A K Purwar, Mr.Akshay Chudasama, Mr.Francesco Gori, Mr.Neeraj Kanwar, Mr.Nimesh N Kampani, Mr.Onkar S Kanwar, Mr.Robert Steinmetz, Mr.Sunam Sarkar, Mr.Vikram S Mehta, Mr.Vinod Rai, Mrs.Pallavi Shroff.
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Company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 572,049,980 shares outstanding.
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