{"id":69392,"date":"2026-04-10T12:24:49","date_gmt":"2026-04-10T06:54:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=69392"},"modified":"2026-04-10T12:24:51","modified_gmt":"2026-04-10T06:54:51","slug":"apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/","title":{"rendered":"Apollo Tyres Bounces 11% in 2 Weeks \u2014 Is the Europe Turnaround Finally Delivering for India&#8217;s Tyre Giant?"},"content":{"rendered":"<p>Apollo Tyres is up 11% in two weeks, and the catalyst is not just a number \u2014 it is a narrative that has been years in the making. The Europe business, which has been a persistent drag on margins and investor confidence, is finally showing signs of a genuine turnaround.<\/p><p>This article covers every key reason behind Apollo Tyres&#8217;s recent surge, what the data says about sustainability, the short-term and long-term share price targets for 2026, and what catalysts and risks investors need to monitor before making any decision.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here 2013 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#About_Apollo_Tyres_NSE_APOLLOTYRE\" title=\"About Apollo Tyres (NSE: APOLLOTYRE)\">About Apollo Tyres (NSE: APOLLOTYRE)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Why_Is_Apollo_Tyres_Share_Price_Rising_The_Surge_Explained\" title=\"Why Is Apollo Tyres Share Price Rising? The Surge Explained\">Why Is Apollo Tyres Share Price Rising? The Surge Explained<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Financial_Performance_%E2%80%94_What_the_Numbers_Say\" title=\"Financial Performance \u2014 What the Numbers Say\">Financial Performance \u2014 What the Numbers Say<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Key_Catalysts_That_Could_Drive_Apollo_Tyres_Share_Price_Higher\" title=\"Key Catalysts That Could Drive Apollo Tyres Share Price Higher\">Key Catalysts That Could Drive Apollo Tyres Share Price Higher<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Risks_to_Watch_Before_Chasing_the_Rally\" title=\"Risks to Watch Before Chasing the Rally\">Risks to Watch Before Chasing the Rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\" title=\"Technical Setup \u2014 Is the Rally Sustainable?\">Technical Setup \u2014 Is the Rally Sustainable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Institutional_Positioning_and_Market_Sentiment\" title=\"Institutional Positioning and Market Sentiment\">Institutional Positioning and Market Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Future_Outlook_%E2%80%94_Can_Apollo_Tyres_Sustain_the_Rally\" title=\"Future Outlook \u2014 Can Apollo Tyres Sustain the Rally?\">Future Outlook \u2014 Can Apollo Tyres Sustain the Rally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Apollo_Tyres_Share_Price_Target_2026\" title=\"Apollo Tyres Share Price Target 2026\">Apollo Tyres Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Short-Term_Target_3-6_Months\" title=\"Short-Term Target (3-6 Months)\">Short-Term Target (3-6 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#12-Month_Analyst_Consensus_Target\" title=\"12-Month Analyst Consensus Target\">12-Month Analyst Consensus Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Long-Term_Target_FY27-FY28\" title=\"Long-Term Target (FY27-FY28)\">Long-Term Target (FY27-FY28)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Q1_Why_did_Apollo_Tyres_surge_11_in_2_weeks\" title=\"Q1. Why did Apollo Tyres surge 11% in 2 weeks?\">Q1. Why did Apollo Tyres surge 11% in 2 weeks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Q2_What_is_Apollo_Tyres_share_price_target_2026\" title=\"Q2. What is Apollo Tyres&#8217; share price target 2026?\">Q2. What is Apollo Tyres&#8217; share price target 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Q3_What_is_Vredestein\" title=\"Q3. What is Vredestein?\">Q3. What is Vredestein?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Q4_How_does_Apollo_Tyres_India_business_compare_to_competitors\" title=\"Q4. How does Apollo Tyres&#8217; India business compare to competitors?\">Q4. How does Apollo Tyres&#8217; India business compare to competitors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Q5_What_is_Apollo_Tyres_current_market_cap\" title=\"Q5. What is Apollo Tyres&#8217; current market cap?\">Q5. What is Apollo Tyres&#8217; current market cap?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/apollo-tyres-bounces-11-in-2-weeks-is-the-europe-turnaround-finally-delivering-for-indias-tyre-giant\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Apollo_Tyres_NSE_APOLLOTYRE\"><\/span><strong>About Apollo Tyres (NSE: APOLLOTYRE)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>[Click Here \u2013 Get Free Investment Predictions<\/strong><\/a> on Univest.<\/p><p>Apollo Tyres is a leading company in the Auto Ancillary space with a market capitalisation of Rs 28,300 Cr. The stock trades at approximately 18x trailing P\/E and has a 52-week range spanning from Rs 390 to Rs 560. The current price of Rs 445 reflects +11% appreciation 2 weeks, putting the stock significantly above its recent lows.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Apollo_Tyres_Share_Price_Rising_The_Surge_Explained\"><\/span><strong>Why Is Apollo Tyres Share Price Rising? The Surge Explained<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-1024x536.jpeg\" alt=\"Apollo Tyres Share Price Target\" class=\"wp-image-69393\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Apollo Tyres share price data \u2014 surge, CMP, 12M target, sector | univest.in<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a>.<\/p><p>Apollo&#8217;s Q3 FY26 PAT of Rs 440 crore (+22% YoY) was the largest in the company&#8217;s history, driven by margin improvement in the European operations as raw material costs normalised and premium product mix shifted favorably. Indian replacement tyre demand remained robust, with the company gaining market share in PCR (passenger car radials) and farm tyres. Revenue of Rs 6,500 crore (+8% YoY) reflects volume growth despite the competitive pricing environment.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Performance_%E2%80%94_What_the_Numbers_Say\"><\/span><strong>Financial Performance \u2014 What the Numbers Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The underlying financials confirm that the Apollo Tyres share price surge is not just momentum \u2014 it is backed by improving fundamental performance.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Latest Quarter<\/strong><\/td><td><strong>Change<\/strong><\/td><td><strong>What It Signals<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 6,500 Cr<\/td><td>+8% YoY<\/td><td>Top-line growth confirmation<\/td><\/tr><tr><td>Net Profit (PAT)<\/td><td>Rs 440 Cr<\/td><td>+22% YoY<\/td><td>Earnings acceleration<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 28,300 Cr<\/td><td>Current<\/td><td>Valuation context<\/td><\/tr><tr><td>Promoter Holding<\/td><td>37.3%<\/td><td>\u2014<\/td><td>Management confidence<\/td><\/tr><tr><td>FII Holding<\/td><td>26.4%<\/td><td>\u2014<\/td><td>Institutional interest<\/td><\/tr><\/tbody><\/table><\/figure><p>For live Apollo Tyres fundamental data and peer comparison, check the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Catalysts_That_Could_Drive_Apollo_Tyres_Share_Price_Higher\"><\/span><strong>Key Catalysts That Could Drive Apollo Tyres Share Price Higher<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>Europe Vredestein business margin improvement after 3 years of restructuring<\/p><p><strong>\u2022 <\/strong>India replacement tyre demand growing 8-10% annually<\/p><p><strong>\u2022 <\/strong>EV-specific tyre development providing premium product pipeline<\/p><p><strong>\u2022 <\/strong>Raw material cost (natural rubber, crude oil) tailwind from lower commodity prices<\/p><p><strong>\u2022 <\/strong>Rs 6,000 crore India capacity expansion at Chennai and Hungary plants<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time alerts on Apollo Tyres and daily SEBI-registered research.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risks_to_Watch_Before_Chasing_the_Rally\"><\/span><strong>Risks to Watch Before Chasing the Rally<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>High FII ownership (26.4%) creates selling pressure in global risk-off events<\/p><p><strong>\u2022 <\/strong>Europe recession risk could impact Vredestein tyre volumes<\/p><p><strong>\u2022 <\/strong>Raw material cost inflation if crude oil spikes again<\/p><p><strong>\u2022 <\/strong>Competition from MRF, CEAT, and JK Tyre in India<\/p><p><strong>\u2022 <\/strong>EV tyres require significant R&amp;D investment not immediately revenue-generating<\/p><p>Not every surge is sustainable. Investors should carefully evaluate each of these risks relative to their own risk tolerance and investment horizon before making any decision. Consult a SEBI-registered financial advisor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\"><\/span><strong>Technical Setup \u2014 Is the Rally Sustainable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Apollo Tyres is trading at Rs 445, which puts the stock +11% above its recent low of Rs 390 and 21% below its 52-week high of Rs 560. The stock has reclaimed key moving averages and technical momentum indicators (RSI, MACD) are supportive in the short to medium term. Key resistance is at the 52-week high of Rs 560. Short-term support is at Rs 440.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for live technical analysis and SEBI-registered F&amp;O setups<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Institutional_Positioning_and_Market_Sentiment\"><\/span><strong>Institutional Positioning and Market Sentiment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Apollo Tyres&#8217;s shareholding reflects: Promoter 37.3%, FII 26.4%, DII 22.6%. High FII ownership means global risk sentiment can amplify both upside and downside moves significantly. The promoter holding provides management commitment though any reduction in promoter stake would be a key risk to monitor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Future_Outlook_%E2%80%94_Can_Apollo_Tyres_Sustain_the_Rally\"><\/span><strong>Future Outlook \u2014 Can Apollo Tyres Sustain the Rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Apollo Tyres at 18x P\/E is attractively valued for a company with improving Europe margins and a strong India franchise. The 12-month target of Rs 520\u2013600 implies 17-35% upside. The Europe turnaround is the key variable \u2014 if PAT margins in the Europe business recover to 7-8% (from current 5-6%), significant earnings upgrades are possible.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Apollo_Tyres_Share_Price_Target_2026\"><\/span><strong>Apollo Tyres Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for Premium Stock Research and Targets<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Target_3-6_Months\"><\/span><strong>Short-Term Target (3-6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In the short term, Apollo Tyres share price target is Rs 440\u2013490 based on current technical positioning and the immediate momentum from the +11% 2 weeks surge. Support at Rs 440 must hold for the bullish case to remain intact.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Consensus_Target\"><\/span><strong>12-Month Analyst Consensus Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The analyst consensus 12-month Apollo Tyres share price target is Rs 520\u2013600, implying meaningful upside from the current price of Rs 445. This target assumes the catalysts identified in this article materialise and the macro environment remains broadly supportive.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_FY27-FY28\"><\/span><strong>Long-Term Target (FY27-FY28)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In a bull scenario where key catalysts deliver, the Apollo Tyres share price target for FY28 is Rs 680\u2013780. This long-term target represents a scenario where the company executes consistently and the sectoral tailwinds accelerate beyond current consensus expectations.<\/p><p>Track Apollo Tyres live and compare with sector peers on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Apollo Tyres&#8217;s +11% surge 2 weeks is backed by improving fundamentals \u2014 revenue growth of +8% YoY and PAT growth of +22% YoY in the latest quarter. The 12-month analyst consensus target of Rs 520\u2013600 implies significant further upside from the current price of Rs 445. The key catalysts and risks outlined in this article are the variables that will determine whether the rally extends or corrects. Investors should evaluate both carefully before making any position decision.<\/p><p>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_Why_did_Apollo_Tyres_surge_11_in_2_weeks\"><\/span><strong>Q1. Why did Apollo Tyres surge 11% in 2 weeks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Apollo Tyres&#8217; 11% bounce was driven by Q3 FY26 PAT growing 22% YoY to Rs 440 crore (record high), margin improvement in European operations, and India replacement tyre market share gains.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_What_is_Apollo_Tyres_share_price_target_2026\"><\/span><strong>Q2. What is Apollo Tyres&#8217; share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month target is Rs 520\u2013600. Short-term is Rs 440\u2013490. Long-term bull case is Rs 680\u2013780 for FY28.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_What_is_Vredestein\"><\/span><strong>Q3. What is Vredestein?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Vredestein is Apollo Tyres&#8217; European brand, manufactured in the Netherlands. It is positioned as a premium tyre brand in the European market.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_How_does_Apollo_Tyres_India_business_compare_to_competitors\"><\/span><strong>Q4. How does Apollo Tyres&#8217; India business compare to competitors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Apollo is the second largest tyre company in India after MRF. It is strong in PCR, truck\/bus radial, and farm tyres. Apollo has been gaining market share in PCR (passenger car radials) over the past 2 years.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_What_is_Apollo_Tyres_current_market_cap\"><\/span><strong>Q5. What is Apollo Tyres&#8217; current market cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Apollo Tyres&#8217; market cap is approximately Rs 28,300 crore. The stock is at Rs 445 with a 52-week range of Rs 390 to Rs 560.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/tcs-share-price-target\">TCS Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/nestle-india-share-price-target\">Nestle India Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"http:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/hindustan-unilever-share-price-target\">Hindustan Unilever Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Apollo Tyres is up 11% in two weeks, and the catalyst is not just a number \u2014 it is a narrative that has been years in the making. The Europe business, which has been a persistent drag on margins and investor confidence, is finally showing signs of a genuine turnaround. This article covers every key<\/p>\n","protected":false},"author":27,"featured_media":69394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-69392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"_edit_lock":["1775804139:27"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:62:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-520.jpeg\";a:2:{s:2:\"id\";i:69393;s:11:\"source_type\";s:13:\"media-library\";}s:71:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-520-1024x536.jpeg\";a:2:{s:2:\"id\";i:69393;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520.jpeg\";a:2:{s:2:\"id\";i:69393;s:11:\"source_type\";s:13:\"media-library\";}s:103:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122243\/image-520-1024x536.jpeg\";a:2:{s:2:\"id\";i:69393;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["81"],"rank_math_title":["Apollo Tyres Share Price Target 2026: Up 11% \u2014 Tyre Sector Recovery Worth Betting On?"],"rank_math_description":["Apollo Tyres surged 11% in 2 weeks as Europe margins improve. 22% PAT growth, Rs 6,500 Cr revenue. Share price target 2026: Rs 520\u2013600.\n"],"rank_math_focus_keyword":["Apollo Tyres"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_thumbnail_id":["69394"],"_edit_last":["27"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["7761"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10122301\/apollo-tyres-Share-Price-Target-2026.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=69392"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69392\/revisions"}],"predecessor-version":[{"id":69397,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69392\/revisions\/69397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/69394"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=69392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=69392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=69392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}