Why Apollo Tyres Share Price Falling - VRGyani News

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Wednesday, March 6, 2024

Why Apollo Tyres Share Price Falling

06 March 2024: Apollo Tyres' share price is falling despite reporting a slight revenue increase of 2.7% in the December quarter to Rs 6,595.4 crore. However, the modest growth failed to meet investor expectations, leading to subdued market sentiment. Factors like raw material costs and industry dynamics also influence investor perception. Investors are closely monitoring the company's profitability and future prospects amidst evolving market conditions.



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