BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank maintains buy on Apollo Tyres
Stock price reaction to results overdone. Remain positive on Apollo Tyres due to improving demand. Stock currently trades at 7.5 times of FY16 estimated earnings per share.