Comment"Apollo Tyres basically there are two basic things that we are looking at. One is that there is a revival in the automobile industry, particularly commercial vehicle and passenger car segment and which is going to help the volume growth and some of the raw material prices have come down. The rubber prices and the oil derivatives like carbon black etc, so there are going to be a great improvement in the margins."
He further added, "The volume growth is going to be good and these companies are available at multiple of about 5-6 times, so we think that definitely there is going to be a good upside. We have set a target of about Rs 100 for Apollo Tyres."
Dear Sir
I hv 500 apollotyres at 48.5 ...
I am worried ...
I will be grateful to u if u can suggest me the future... to sell @ ?
Regards
Sheena Rastogi
| NIFTY 
