Apollo Tyres Share Price Target

Apollo Tyres Share Price Target 2023, 2024, 2025, 2030, 2040

Apollo Tyres Share Price Target 2023, Apollo Tyres Share Price Target 2024, Apollo Tyres Share Price Target 2025, Apollo Tyres Share Price Target 2030

Apollo Tyres Share Price Target

During the last fiscal year, Apollo Tires has experienced a decent business growth. It diversified its product mix to gain more market share in the international market. It has gained brand credibility in the TBR and UHP/UUHP PCR segments. The company is also investing in the distribution network to further strengthen its business. It is also looking forward to increase its market share in the truck and bus segment.

Apollo Tyres Share Price Target

Apollo Tyres Share Price Target 2023

Apollo Tyres has been a great performer in the last few years, even if it has not performed in a consistent fashion over the long run. The company has gained market share in the European markets and also gained brand credibility in the UHP/UUHP PCR segments. It also has an effective distribution network that has 6700 dealers across the country. The company also has an impressive track record of introducing innovative products in the tire industry.

Apollo Tyres’ stock has been a bit bearish in recent times, but that may change in the coming days. Apollo Tires is expected to report a modest QoQ improvement in volumes during the first quarter of the fiscal year. The company is also expected to record a small uptick in EBITDA margin during the same period. The company’s EBITDA margin stood at 10.3 percent during the September quarter. Moreover, the company has a 1,000TPD TBR capacity, which allows it to absorb growth without investing in additional capacity.

Apollo Tyres Share Price Target 2024

The company’s distribution network has also been improving in recent times. It has partnered with every dealer to ensure that the company has the right product in the right place at the right time. It has also partnered with other manufacturers to ensure that it has the best possible products. The company has also made cost saving initiatives to counter the impact of inflation. This may help Apollo Tyres in the long run, and the company may be able to ride out the volatile commodity prices.

Apollo Tyres Share Price Target 2025

The company is expected to witness a decent recovery in the second half of the fiscal year. The company is expected to post an impressive margin recovery, and it will also have the capacity to cater to demand from the European market. The company is also expected to show impressive earnings growth in the next few years. It is expected to produce a 15 percent standalone EBITDA margin in the coming years. It is also expected to have a halo effect on the company’s net debt, which is expected to halve to a mere Rs 2,600 crore in the next two years. The company’s return on equity is also expected to double, and its stock price will be in the black by 2025.

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Despite the company’s recent upswing in performance, it is not without risk. It has a lot of volatile raw material prices, and it has a lot of competitors. The company’s distribution network is also not invincible, and it is possible that the company could see a downturn in the near future.

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