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Buy Apollo Tyres, target Rs 275: Kunal Bothra

ETMarkets.com|
Dec 18, 2017, 11.59 AM IST
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Independent analyst Kunal Bothra has a buy call on Apollo Tyres with a target price of Rs 275.

The current market price of Apollo Tyres is Rs 252.

Time period given by the analyst is intraday when Apollo Tyres price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 240.

Apollo Tyres, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 14,275.51 Crore) operating in Tyres sector.

The company's top management includes 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.Paul Antony, Mr.Robert Steinmetz, Mr.Sunam Sarkar, Mr.Vikram S Mehta, Mr.Vinod Rai, Mrs.Pallavi Shroff.

Company has Deloitte Haskins & Sells as its auditors.

As on 18-10-2017, the company has a total of 572,049,980 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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