You cannot rate your own article.
By: anilkumar790 | Posted: Mar 20, 2017 | General | 421 Views

APOLLO TYRE—Apollo Tyre Company is the strong company with fundamentally which works in the field tyre, Means Company makes the radial, tubeless and tube. This company is working in the field of tyre in 1972, company increasing its business day by day and it has bought many tyre companies like Dunlop tyre in South Africa in 2006,Vredestein Banden company of Holland in 2009, Reifencom company of Germany in 2016. So this Apollo Company expanding its business day by day and earning profit on every quarter which is seen in the blancesheet of the company. In truck tyre field it sells the 25% tyre of total tyres selling,and its Apollo brand is the most famous in the world and vredestein brand is so popular brand. Apollo company made the tyre many company like the Kiezen truck, regal truck, odday,Mercedez,Valvo,Foxvagen,Toyata,ford and GM. There are many plants in world where its makes the tyre like Kerla, Tamilnadu,Guzrat,Europe,hungry and Holland. In India 4900 dealer who sell,maintain the company work and Europe 3500 dealer and other country many dealer which works company working.Now Apollo company is working in 100 countries and day by day its business expanding.


In 2016 Company Sell its tyre 11700 crore and in company earn the profit 1100 crore and to make the popular its brand in the world, company made the agreement with Meinchaster united company.Market cap of the Apollo company is 9800 crore and prompters have 44.15 share of company expect it Fii 32.92 and 6.46 Mutual funds. In every aspect this company is so sound and I recommend it for long term.Today this share is closed on 203 RS.Market may corrected due to many situation.If this share take this share in small quanity


CMP—203 T=250 for 1.6 year.


Post a Blog