Apollo Tyres jumps nearly 6% on block deal buzz; Warburg Pincus likely seller
Warburg Pincus LLC looks to sell 3.5% stake in Apollo Tyres via block deal at ₹460-465 per share, a 4% discount to Tuesday's closing price.
apollo tyres company
May 2024
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September 2018
Apollo Tyres shares jump 4% on robust Q2
Apollo Tyres’ consolidated net profit jumped 164% YoY to ₹474 crore in Q2 FY24; revenue was up 5% at ₹6,280 crore.
Apollo Tyres skids 4% despite four-fold growth in Q4 profit; here's why
The tyre major posted 278% YoY jump in its consolidated net profit at ₹427 crore in Q4FY23, driven by decline in input cost.
#DimTheLights! Because blinding high beam lights at night can be fatal
#DimTheLights! to save lives—an important initiative driven by Apollo Tyres.
Speed bumps for tyre MNCs in India
Global giants operating in India are evaluating if it makes economic sense to invest in a new plant, in light of the country's tyre import ban.
Changing the tyres of your luxury car just got tougher
DGFT, in a bid to promote domestic manufacturing, has put tyres under the restricted category. That has meant that an importer now requires a license for imports. The replacement market has been hit.
Shareholders reject re-appointment of Apollo Tyres’ MD
Stumped by minority shareholders who appear displeased with Apollo Tyres’ managing director Neeraj Kanwar’s pay, company says it will re-look at the resolution.
