Buy Apollo Tyres, target Rs 290: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Apollo Tyres with a target price of Rs 290.

The current market price of Apollo Tyres is Rs 278.55.

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

Shrikant Chouhan recommended to keep a stop loss at Rs 274.50.

Apollo Tyres, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 15,934.45 Crore) operating in Tyres sector.

The company’s top management includes 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.Paul Antony, Mr.Robert Steinmetz, Mr.Sunam Sarkar, Mr.Vikram S Mehta, Mr.Vinod Rai, Mrs.Pallavi Shroff.

Company has Deloitte Haskins & Sells as its auditors.

As on 18-10-2017, the company has a total of 572,049,980 shares outstanding.