Apollo Tyres Ltd. sees positive trend in stock performance, outperforms sector and market
Apollo Tyres Ltd. has seen a 3.16% increase in its stock performance on November 26, 2024, outperforming the sector by 2.18%. According to MarketsMojo, the current call for the company is 'Hold', with a consecutive gain for the last 3 days and trading above its moving averages. It has also outperformed the Sensex, showcasing its strong performance and potential for growth.
Apollo Tyres Ltd., a leading player in the tyre and allied industry, has seen a positive trend in its stock performance on November 26, 2024. The stock has gained 3.16% and is currently trading at Rs. 519. This outperforms the sector by 2.18%, indicating a strong performance by the company.
According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Apollo Tyres Ltd. is 'Hold'. This suggests that the stock is expected to perform steadily in the near future.
In terms of price movement, Apollo Tyres Ltd. has been on a consecutive gain for the last 3 days, with a rise of 8.01% in this period. The stock also touched an intraday high of Rs. 519, showing a positive momentum.
Furthermore, Apollo Tyres Ltd. is currently trading above its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bullish trend in the stock.
In comparison to the overall market performance, Apollo Tyres Ltd. has outperformed the Sensex by 3.32% in the last 1 day and 7.49% in the last 1 month. This showcases the company's strong performance and potential for growth in the future.
Overall, Apollo Tyres Ltd. has shown a positive trend in its stock performance and is expected to continue its steady growth in the near future. With its strong presence in the tyre and allied industry, the company is poised for further success in the market.
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