Poging GOUD - Vrij
Apollo Tyres’ margin upside looks capped, to hurt stock
Mint Kolkata
|December 30, 2025
Apollo Tyres Ltd is navigating a rocky patch.
Its India business remains on relatively firm ground, supported by a demand boost following cuts in goods and services tax (GST) rates and a recovery in exports, while Europe continues to be a drag amid persistently weak demand.
In an interaction with Motilal Oswal Financial Services analysts, Apollo's management said demand in India across most key segments stayed healthy in Q3, spanning both replacement and original equipment manufacturer (OEM) channels. The European market, however, was a different story: October saw some growth, but demand weakened in November, with momentum in core markets remaining subdued.
Dit verhaal komt uit de December 30, 2025-editie van Mint Kolkata.
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