Apollo Tyres Shares Rally 7 percent After Upgrades From JPMorgan, Nomura Check Target Price - News18
| APOLLOTYRE | 500.75 11.20 2.19% |
Slightly above 61% of Apollo Tyres' investor base is looking to short. The analysis of overall sentiment of trading Apollo Tyres Limited stock suggests that many investors are alarmed at this time. Apollo Tyres' investing sentiment can be driven by a variety of factors including economic data, Apollo Tyres' earnings reports, geopolitical events, and overall market trends.
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Apollo Tyres Shares Rally 7 percent After Upgrades From JPMorgan, Nomura Check Target Price News18
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Apollo Tyres Fundamental Analysis
We analyze Apollo Tyres' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apollo Tyres using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apollo Tyres based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Apollo Tyres is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Apollo Tyres Limited Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Apollo Tyres stock to make a market-neutral strategy. Peer analysis of Apollo Tyres could also be used in its relative valuation, which is a method of valuing Apollo Tyres by comparing valuation metrics with similar companies.
Peers
Apollo Tyres Related Equities
| RAINBOW | Rainbow Childrens | 1.95 | ||||
| SANGINITA | Sanginita Chemicals | 1.64 | ||||
| JBCHEPHARM | JB Chemicals | 2.03 | ||||
| VBL | Varun Beverages | 3.30 | ||||
| HINDCON | Hindcon Chemicals | 4.96 | ||||
| DMCC | DMCC SPECIALITY | 4.98 | ||||
| RCF | Rashtriya Chemicals | 6.88 | ||||
| SPENCERS | Spencers Retail | 7.51 |
Additional Tools for Apollo Stock Analysis
When running Apollo Tyres' price analysis, check to measure Apollo Tyres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apollo Tyres is operating at the current time. Most of Apollo Tyres' value examination focuses on studying past and present price action to predict the probability of Apollo Tyres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Tyres' price. Additionally, you may evaluate how the addition of Apollo Tyres to your portfolios can decrease your overall portfolio volatility.