Apollo Tyres Shows Recovery Amid Broader Market Surge and Small-Cap Gains

May 12 2025 03:15 PM IST
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Apollo Tyres saw a rebound on May 12, 2025, after two days of decline, with a notable increase in stock performance. The company outperformed its sector and demonstrated strong monthly gains, although its year-to-date performance remains negative. The broader market also experienced significant upward movement.
Apollo Tyres has experienced a notable uptick of 3.14% on May 12, 2025, marking a reversal after two consecutive days of decline. The stock opened with a gain of 2.4% and reached an intraday high of Rs 481.35, reflecting a 3.13% increase. This performance has allowed Apollo Tyres to outperform its sector by 1.64%.

In terms of moving averages, the stock is currently positioned above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. Over the past month, Apollo Tyres has shown a robust performance with a 12.50% increase, compared to the Sensex's 9.57% rise. However, its year-to-date performance remains negative at -9.26%, contrasting with the Sensex's positive growth of 5.39%.

The broader market has also seen significant movement, with the Sensex rising sharply by 3.65% today, nearing its 52-week high. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 4.13%.
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