Sell Apollo Tyres Ltd. target Rs 254.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has sell call on Apollo Tyres Ltd. with a target price of Rs 254.0 . The current market price of Apollo Tyres Ltd. is Rs 261.4 Time period given by analyst is Intra Day when Apollo Tyres Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 268.
Apollo Tyres Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 14953.39 Crore) operating in Tyres sector.

Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps which contributed Rs 9806.62 Crore to Sales Value (98.82 % of Total Sales), Subsidy which contributed Rs 46.45 Crore to Sales Value (0.46 % of Total Sales), Other Operating Revenue which contributed Rs 41.28 Crore to Sales Value (0.41 % of Total Sales), Scrap which contributed Rs 29.34 Crore to Sales Value (0.29 % of Total Sales)for the year ending 31-Mar-2017.

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.