Apollo Tyres Share Price Target From 2024 to 2030

The report I am delighted to reveal is a holistic analysis of Apollo Tyres share price targets from 2024 to 2030. Similarly, as part of an investor, the decision-making process is touching on well-investigated studies and expert estimates. In this article, I will give very particular information to Apollo Tyres' very valid stock price developments in the next seven years.

Introduction to Apollo Tyres Limited

Apollo Tyres Limited is a large tire company with many branches located in Gurgaon, India. Founded in 1972, the plant has slowly evolved to become a respectfully recognized business group in the tire sector worldwide. The primary road of Apollo Tyres is to manufacture different sorts of tires for consumers to choose from for their vehicles i.e. from small passenger cars to heavy weight trucks and even two-wheeled motorcycles.

Current Market Overview of Apollo Tyres

Apollo Tyres is a leader in this sector, being involved in several markets and having a global base of operations. Apollo is known for its implementing new ideas and providing high-quality products. There is a financial breakdown as below:

• Market Capitalization: ₹35.62 thousand crores


• Opening Price: ₹545.00


• Day's High: ₹584.90


• Day's Low: ₹537.40


• Price-to-Earnings (P/E) Ratio: 22.15


• Dividend Yield: 1.06%


• 52-Week High: ₹584.90


• 52-Week Low: ₹365.00

Apollo Tyres Share Price Targets (2024-2030)

According to the examination of Apollo Tyres' previous performance and its future prospects that I have widely gone through, I have drawn up the below outlets as share price targets:

How to Purchase Apollo Tyres Shares

Investors can get Apollo Tyres shares from trading platforms like Zerodha, Upstox, Groww, and Angel One.

Peer Companies in the Tyre Manufacturing Sector

Apollo Tyres is the rival of various firms ion the tire sector such as:

• MRF Limited


• CEAT Limited


• JK Tyre & Industries


• Bridgestone India

Investor Types and Ratios

It's important that you know the investor distribution of Apollo Tyres to analyze the company's standing position and growth potential:

• Promoters: 37.36%


• Retail and Others: 23.06%


• Mutual Funds: 19.23%


• Foreign Institutions: 14.46%


• Other Domestic Institutions: 5.89%

Advantages and Disadvantages of Apollo Tyres Shares

Advantages:

• A well-known industrial entity with a brand fitting every market niche.


• A product portfolio with all aspects of a segment covering the right way and different points.


• Consistent rise in sales and profits.

Disadvantages:

• Rising raw material prices


• Competitive player facing price degradation

Frequently Asked Questions

Who owns Apollo Tyres Limited?

Apollo Tyres Limited owns are numerous hands with a mixed pool of direct investors and institutional investors.

Should I invest in Apollo Tyres shares now?

Questioning its substantial exposure, decent earnings, and expansion strength, Apollo Tyres has been reaping the fruits of the technology and has strong chances of being a valuable thing in the long run as the Company has done perfectly. But at the same time, they should await the market risks since the industry is raw material dependent and thus the price can be affected in case of its fluctuation.

What is the future growth potential of Apollo Tyres?

One can observe in^the figures of sales and profit among which one is a promise for the future growth of the company.

Conclusion

Therefore, Apollo Tyres is undoubtedly a dominating company in its tire producing segment, as it has a strong foundation with good financial standing and many prospects. By using my expert analysis, I can forecast that the Apollo Tyres shares are likely to be traded with the profits in the following years. Apollo Tyres is a good investment opportunity and would certainly suit long-term investors who require a growth exposure in their investment.