Apollo Tyres shares jump over 6% after UBS upgrades stock to Buy from Neutral. Here’s why
· economictimes.indiatimes.com
Apollo Tyres shares surged after UBS upgraded the stock to Buy and raised its target price to Rs 590. The brokerage sees earnings recovery potential, supported by improving India and Europe prospects, despite near-term rubber cost pressures. Strong Q1 revenue growth and reduced exceptional losses also supported the positive outlook.
Live Events
Apollo Tyres Q1 results
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
...