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07-Feb2013

Apollo Tyres trades with traction on the bourses

Apollo Tyres is currently trading at Rs. 85.50, up by 0.65 points or 0.77% from its previous closing of Rs. 84.85 on the BSE.

The scrip opened at Rs. 85.25 and has touched a high and low of Rs. 86.00 and Rs. 84.40 respectively. So far 141562 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.45 on 14-Sep-2012 and a 52 week low of Rs. 71.15 on 08-Feb-2012.

Last one week high and low of the scrip stood at Rs. 87.65 and Rs. 84.20 respectively. The current market cap of the company is Rs. 4289.25 crore.

The promoters holding in the company stood at 43.37% while Institutions and Non-Institutions held 33.16% and 23.47% respectively. Apollo Tyres has reported results for third quarter ended December 31, 2012.

The company has reported 73.41% rise in its net profit at Rs 73.82 crore for the quarter as compared to Rs 42.57 crore for the same quarter in the previous year. Total income of the company has decreased by 1.87% at Rs 2055.24 crore for quarter under review as compared to Rs 2094.50 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported 84.21% rise in its net profit at Rs 180.60  crore for the quarter ended December 31, 2012 as compared to Rs 98.04  crore for the same quarter in the previous year. Total income of the company has increased by 0.57% at Rs 3244.12 crore for quarter under review as compared to Rs 3225.83 crore for the quarter ended December 31, 2011.  


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