Apollo Tyres is consolidating between key EMAs after a recent bounce. Analyst Deepak Pal views ₹445 as a long-term buy zone, with a stop-loss below ₹445. RSI near 51 and parabolic SAR suggest mild bullish bias, despite weak MACD. Resistance is seen at ₹475-₹480. FY24 profit stood at ₹1,508 crore, with 17x P/E and 14% ROE.
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03:03 pm on
08 Jul