JP Morgan sees over 17% upside in Apollo Tyres shares—here is why
Apollo Typres share price target 2023: "Apollo Tyres is currently outperforming on its ROCE (16 per cent in 1HFY24 vs. FY26 target of 12–15 per cent) and leverage (net debt/EBITDA at 1x vs. FY26 target of <2x) guidance," the JP Morgan said.
Apollo Typres share price target 2023: JP Morgan raised Apollo Typres' target price by Rs 60. Image: Official website