NSE Gainer-Large Cap . All conclusion is on the basis of Price … Apollo Tyres share price high is about 226% of the candle stick body. NEW DELHI: Shares of Apollo Tyres Ltd. traded 2.81 per cent up in Wednesday's trade at 12:30PM (IST). Brokerages point out that the sharp decline in crude prices will further dent crude derivative prices, some of which had already reached 4-year lows in February 2020.Stock market expert SP Tulsian of sptulsian.com expressed similar views in a recent interview with CNBC-TV18.Before slump in crude last week, some crude derivatives – styrene, butadiene and carbon black feed oil – had already gone to FY17 levels. In comparison, MRF's competitors such as CEAT Ltd, Apollo Tyres and JK Tyre have delivered 532.43%, 305% , 213% returns, respectively during the period under consideration. However, a sharp decline in crude prices gives the government some room to revive growth through investment; however, we will have to wait and watch how the government intervenes in this scenario," Equirus said.A sharp plunge in the global crude oil prices is expected to augur well for domestic tyre manufacturers as one of the key raw materials for tyre-making is derived from crude.Moreover, as per the brokerage, global benchmark natural rubber prices have seen a nearly 5 percent correction over average prices of Q3FY20. Apollo Tyres Share Price, Apollo Tyres Stock Price, Apollo Tyres Ltd. Stock/Share prices, Apollo Tyres Ltd. Live BSE/NSE, F&O Quote of Apollo Tyres Ltd. with Historic price charts for NSE / BSE. "Crude derivatives constitute nearly 30 percent of sales for domestic tyre companies, and therefore a sharp decline in crude prices would buoy their margins," said brokerage firm Equirus Securities in a report on March 16. Company has S S Kothari Mehta & Co as its auditors As on 30-06-2020, the company has a total of 246,230,880 shares outstanding.JK Tyre & Industries Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps which contributed Rs 7430.62 Crore to Sales Value (97.59 % of Total Sales) and Other Operating Revenue which contributed Rs 101.23 Crore to Sales Value (1.32 % of Total Sales)for the year ending 31-Mar-2019.Be the first one to post on JK Tyre & Industries Ltd.For the quarter ended 31-03-2020, the company has reported a Consolidated sales of Rs 1794.76 Crore, down -18.41 % from last quarter Sales of Rs 2199.80 Crore and down -33.67 % from last year same quarter Sales of Rs 2705.89 Crore Company has reported net profit after tax of Rs -46.95 Crore in latest quarter.JK Tyre & Industries Ltd., incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 1598.04 Crore) operating in Tyres sector.Inspect before you invest.
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