Apollo Tyres’ shares rose 3% despite a 37% drop in Q2 profit to Rs 297 crore, attributed to weak demand in India and rising raw material costs. While European operations showed growth, the Indian market suffered from a slowdown in the commercial vehicle segment. Analysts maintain optimistic outlooks, citing potential for pricing improvements and robust European performance.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of
December 7, 2025