YESTERDAY’S APOLLOTYRE
IS ON FIREEEE!!!!!!!!!!!!!!!!!!! HIT FINAL TGT 190 MADE LOW OF 180.85
FUTURE : “BEARISH APOLLOTYRE BELOW 210 TGT 200/190”
DAILY CHART
TODAY RESULT: APOLLOTYRE
Apollo Tyres first quarter profit rising 27.5
percent year-on-year to Rs 290.6 crore led by strong operational performance
and lower finance cost. Apollo Tyres Q1 profit jumps 27.5%, revenue
misses forecast Revenue missed forecast, down 12 percent to Rs 2,845.3 crore in
June quarter compared to Rs 3,235.5 crore in the year-ago period due to lower
demand in domestic and export markets. Sales also impacted by heavy dumping of
Chinese tyres into India.
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