Apollo Tyres shares traded at Rs. 476.35 on the BSE, a rise of 4.38% or 20 points from its last close of Rs. 456.35. The stock opened at Rs. 448.45 and reached an intraday high of Rs. 478.55. Over 115,000 shares have changed hands so far.

This BSE 'A' category stock, with a face value of Rs. 1, has seen a 52-week high of Rs. 584.65 (September 26, 2024) and a low of Rs. 414.00 (November 24, 2023). For the past week, the stock traded between Rs. 499.95 and Rs. 448.45. Currently, the company's market capitalization stands at Rs. 29,659.21 crore. Promoters hold 37.36% of the company, with institutional investors at 41.68% and non-institutional investors at 20.96%.

Apollo Tyres has obtained approval to raise up to Rs. 1,000 crore through Non-Convertible Debentures (NCDs) via Private Placement, which will be allocated in one or more tranches within authorized borrowing limits. This decision, subject to shareholder approval through a postal ballot, was approved by the company’s Board of Directors on November 13, 2024.

A key player in India’s tyre industry, Apollo Tyres manufactures a range of products, including tubeless and tube-type tyres for cars, SUVs, trucks, and buses.