Apollo Tyres Faces Recent Stock Decline Amid Broader Market Resilience

Apollo Tyres Ltd. has experienced a notable decline of 3.08% on May 9, 2025, continuing a downward trend that has seen the stock fall by 4.93% over the past two days. The stock's performance today underperformed the sector by 1.21%, with an intraday low of Rs 469.95, reflecting a decrease of 3%.
In terms of moving averages, Apollo Tyres is currently positioned higher than its 20-day, 50-day, and 100-day moving averages, but lower than its 5-day and 200-day moving averages. This mixed positioning may indicate varying short-term and long-term trends.

Comparatively, the broader market, represented by the Sensex, has shown resilience after a significant gap down opening, recovering 600.40 points to trade at 79,568.74, down 0.95%. While Apollo Tyres has faced challenges recently, its performance over the past month shows a gain of 14.89%, significantly outpacing the Sensex's 7.71% increase. However, on a year-to-date basis, Apollo Tyres has seen a decline of 11.49%, contrasting with the Sensex's modest gain of 1.80%.