Apollo Tyres (APOLLOTYRE) Share Price Falls 2.11% Today to Rs 420.45
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Apollo Tyres Share Price was at Rs 420.45 on 07 September 2026 at 11:23:24 AM IST, down 2.11% for the day. The move translates into a decline of Rs 9.05 from the previous close of Rs 429.50 and places the company’s market capitalisation at Rs 27,277.59 crore. As a Large Cap stock in the Automobile & Ancillaries sector, the name is drawing attention because the session has been weak from early trade.
The supplied data shows that the stock opened at Rs 433.35, which was also the intraday high, and later touched a low of Rs 419.10. That price pattern indicates selling pressure after the open rather than a late-session slip. The data confirms the move in price, but it does not establish any company-specific trigger for the decline. In the absence of a stated catalyst, the most useful way to read the stock is through price action, technical positioning, valuations and peer comparison.
Apollo Tyres (APOLLOTYRE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 420.45 |
| Previous Close | Rs 429.5 |
| Today's Move | -Rs 9.05 (-2.11%) |
| Open | Rs 433.35 |
| High | Rs 433.35 |
| Low | Rs 419.1 |
| Turnover | Rs 0.9 crore |
| Market Capitalisation | Rs 27,277.59 crore |
| Market Cap Category | Large Cap |
Apollo Tyres Share Price Today reflects a session in which the opening level could not hold. Because the open and high were both Rs 433.35, the early trade marked the strongest point of the day in the supplied snapshot. From there, the stock moved down to Rs 419.10 before trading at Rs 420.45 at the recorded time, keeping it near the lower end of the day’s range.
That leaves two notable observations. First, the stock stayed below the previous close of Rs 429.50 after the initial move. Second, the turnover figure of Rs 0.90 crore suggests the session can be described factually through the recorded prices without inferring a separate narrative. For readers tracking intraday weakness, the price structure shows pressure appearing early and continuing through the captured portion of trade.
Technical reference points also add context. The RSI stands at 42.68, while the 50-day DMA is Rs 440.34 and the 200-day DMA is Rs 442.64. With the current price of Rs 420.45 below both moving averages in the supplied data, the stock is trading under those medium- and longer-term reference levels at this snapshot.
Apollo Tyres (APOLLOTYRE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 27,277.59 crore |
| P/E Ratio | 15.97x |
| P/B Ratio | 1.6x |
| ROE | 8.73% |
| ROCE | 9.22% |
| EPS | Rs 26.9 |
| Book Value Per Share | Rs 268.38 |
| Dividend Yield | 1.4% |
Apollo Tyres combines scale with moderate valuation multiples. At the supplied price, the stock trades at a P/E ratio of 15.97 and a P/B ratio of 1.60. EPS stands at Rs 26.9, book value per share at Rs 268.38 and dividend yield at 1.4%.
Profitability metrics are more mixed than the valuation picture. ROE is 8.73% and ROCE is 9.22%. These numbers do not on their own explain today’s fall, but they do help frame how the market may be pricing the business relative to industry alternatives. In simple terms, the stock does not appear expensive versus many peers on P/E and P/B, while its return profile is not among the strongest in the group.
This combination is important for anyone following Apollo Tyres Share Price beyond a single session. Lower valuation multiples can attract attention, but they are often assessed alongside return ratios to see whether the discount is backed by stronger financial efficiency or instead reflects more moderate profitability.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Tyres & Allied |
| Benchmark Scope | same industry |
| Company P/E Ratio | 15.97x |
| Benchmark Median P/E | 22.82x |
| Benchmark Average P/E | 23.63x |
| Benchmark P/E Range | 11.16x to 43.4x |
| Company P/B Ratio | 1.6x |
| Benchmark Median P/B | 2.15x |
| Benchmark Average P/B | 2x |
| Company ROE | 8.73% |
| Benchmark Median ROE | 11.96% |
| Benchmark Average ROE | 10.78% |
| Company ROCE | 9.22% |
| Benchmark Median ROCE | 14.3% |
| Benchmark Average ROCE | 7.32% |
| Company Market Capitalisation | Rs 27,277.59 crore |
| Benchmark Median Market Cap | Rs 2,860.29 crore |
| Benchmark Average Market Cap | Rs 13,098.93 crore |
The same-industry benchmark covers 12 companies. Within that set, Apollo Tyres trades below the median and average on both P/E and P/B. Its P/E of 15.97 compares with a median of 22.82 and an average of 23.63, while the industry P/E range runs from 11.16 to 43.4 among 11 companies with available P/E data.
On P/B, the company is at 1.60 versus a median of 2.15 and an average of 2.00 across 12 companies. On returns, the picture is less favorable. ROE of 8.73% is below the industry median of 11.96% and average of 10.78%. ROCE of 9.22% is below the median of 14.3% but above the industry average of 7.32%.
Size remains one clear differentiator. The company’s market cap of Rs 27,277.59 crore is far above the benchmark median of Rs 2,860.29 crore and also above the average of Rs 13,098.93 crore. That means the stock pairs relatively large scale with lower valuation multiples, while its return ratios remain more moderate than several listed peers.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| MRF | MRF | 55,122.33 | 22.82 | 2.57 | 12.26 | 16.04 |
| Balkrishna Industries | BALKRISIND | 44,130.45 | 31.4 | 3.87 | 11.65 | 12.38 |
| Ceat | CEATLTD | 13,472.31 | 22.85 | 2.67 | 14.82 | 18.6 |
| JK Tyre & Industries | JKTYRE | 10,593.2 | 16.27 | 1.74 | 14.03 | 14.3 |
| TVS Srichakra | TVSSRICHAK | 4,008.58 | 43.4 | 3.27 | 1.79 | 4.8 |
The peer set helps clarify where the stock stands. Versus MRF, Apollo Tyres has lower valuation multiples but also lower ROE and ROCE. Balkrishna Industries and Ceat both trade at richer P/E and P/B levels while also showing stronger profitability. JK Tyre is the closest valuation comparison, with P/E of 16.27 and P/B of 1.74, yet its ROE of 14.03% and ROCE of 14.3% are higher than Apollo Tyres on the supplied data.
TVS Srichakra is a contrasting case: its P/E is much higher at 43.4 despite lower profitability. Taken together, the peer view suggests that Apollo Tyres sits in a zone of relatively lower valuation support, but without clear leadership on return ratios within this comparison basket.
Why Investors Are Watching Apollo Tyres
- The stock fell 2.11% to Rs 420.45 from the previous close of Rs 429.50.
- The open and high were both Rs 433.35, while the low was Rs 419.10, showing weakness after the start of trade.
- RSI was 42.68, and the current price was below both the 50-day DMA of Rs 440.34 and the 200-day DMA of Rs 442.64.
- P/E of 15.97 and P/B of 1.60 are below same-industry median levels in the supplied benchmark.
- ROE of 8.73% and ROCE of 9.22% show a more moderate profitability profile than several major peers.
About Apollo Tyres
Apollo Tyres operates in the Automobile & Ancillaries sector and the Tyres & Allied industry. Within the supplied industry set, it is one of the larger listed companies by market capitalisation. That scale makes it relevant not only in stock-specific coverage but also in sector-level comparison across valuations, returns and trading behavior.
Track Apollo Tyres Share Price on Univest
UseApollo Tyres (APOLLOTYRE) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Readers following Apollo Tyres Share Price can use Univest to track live price moves, valuation ratios, profitability indicators and peer positioning within the Tyres & Allied industry. That broader context is useful because today’s decline is visible in the market data, while any company-specific reason would need independent confirmation from official disclosures or exchange filings.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Apollo Tyres Share Price falling today?
Ans. Apollo Tyres Share Price was down 2.11% at Rs 420.45 at the supplied timestamp. The data confirms the decline from Rs 429.50, but it does not identify a company-specific catalyst.
What is Apollo Tyres Share Price Today?
Ans. Apollo Tyres Share Price Today stood at Rs 420.45 as of 07 September 2026 at 11:23:24 AM IST. That was Rs 9.05 below the previous close, or down 2.11%. The previous close was Rs 429.5.
How did the stock trade intraday?
Ans. The stock opened at Rs 433.35, which was also the day’s high, and later touched a low of Rs 419.10. The captured price of Rs 420.45 kept it close to the lower end of the intraday range.
What are the key valuation metrics?
Ans. The supplied snapshot shows a P/E ratio of 15.97, a P/B ratio of 1.60, EPS of Rs 26.9, book value of Rs 268.38 and dividend yield of 1.4%. The relevant peer median P/E is 22.82x.
How does Apollo Tyres compare with its industry?
Ans. Its P/E and P/B are below the same-industry median values of 22.82 and 2.15 respectively. However, ROE of 8.73% is below the industry median of 11.96%, and ROCE of 9.22% is below the median of 14.3%.
What is the market capitalisation of Apollo Tyres?
Ans. The company had a market capitalisation of Rs 27,277.59 crore in the supplied data, and it is classified as a Large Cap stock. The company operates in the Automobile & Ancillaries sector.
