Apollo is poised for strong 26 per cent earnings CAGR over the next two years given strong traction in both India and Europe. Also, the company’s ability to hike prices would help maintain margins. Apollo’s earnings growth is likely to be the fastest in the tyre segment and the stock remains our preferred pick in the space.
Disclaimer: The views and stock ideas expressed by members on stockadda.com are their own, and not that of the website or its management.The views and stock ideas are for informational purposes only and should not be construed to be recommendations to buy or sell any securities.Stockadda.com advises members to check & consult with certified experts before taking any investment decisions.
473 Investors Online.