Tyres manufactured in India are succeeding in testing international conditions and are being accepted by global customers, said Apollo Tyres managing director Neeraj Kanwar.“Tyres being produced in India are going to the rest of the world. They are going to Germany on the high-end autobahn and they’re now in the US. They are all over … Read more
Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed negative with losses of 1.13% at 22487 levels on Thursday. India VIX is at 24.18 levels. Since it is the beginning of the new series (June series) options data is scattered at various strike prices. On the weekly … Read more
Warburg Pincus, through its subsidiary White Iris Investment, has sold its entire stake in Apollo Tyres through block deals on Wednesday. The leading global PE firm offloaded about 3.5% stake or 2.24 crore shares in the transaction at Rs 477.35 apiece, taking the deal value to around Rs 1,072 crore. Marquee funds, including Goldman Sachs, … Read more
Equity indices shot up nearly 1% on Thursday in a highly volatile trade. The 30-share Sensex climbed 676 points to settle at 73,663 and the Nifty surged 203 points to 22,403. Stocks that were in focus include names like Tata Technologies, which closed flat, Apollo Tyres, which jumped 3.14%, and Vodafone Idea, whose shares fell … Read more
To showcase its technological prowess in the truck and bus radial segment, Apollo Tyres hosted a first-of-its-kind experiential drive event at the National Automotive Test Tracks (NATRAX) facility in Indore.During the event, over 70 fleet owners, business partners, and other participants gathered to get hands-on experience with the EnduTrax range, designed for the commercial vehicle … Read more
The Indian market is expected to consolidate ahead of Budget 2024 and the US Fed FOMC decision. The Nifty future closed negative with losses of 1.05% at 21625 levels on Tuesday. India VIX was up by 2.68% from 15.84 to 16.10 levels. Volatility spiked above 16.5 zones during the session and comforted the bears at … Read more
Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more
Indian equity indices opened higher on Friday after a three-day losing streak, led by banking, energy, and IT stocks. The market ended Thursday in the red recording their third session decline in a row with HDFC Bank becoming a spoiler once again along with the IT pack. “A potential escalation of weakness is anticipated if … Read more
In a relief to Apollo Tyres, the Supreme Court on Monday upheld the Securities Appellate Tribunal’s September order that quashed the Securities and Exchange Board of India’s penalty of Rs 65 crore on the company for violating norms pertaining to buyback of shares in 2003. In 2018, Sebi had penalised Apollo Tyres on the grounds … Read more
Adani Enterprises Share Price 2534.90 01:32 PM | 04 Dec 2023 172.20(7.29%) Adani Ports & Special Economic Zone Share Price 875.60 01:32 PM | 04 Dec 2023 47.80(5.77%) Bharat Petroleum Corporation Share Price 461.40 01:32 PM | 04 Dec 2023 23.40(5.34%) Eicher Motors Share Price 4094.15 01:32 PM | 04 Dec 2023 202.95(5.22%) Oil & … Read more