It is not just Apollo Tyres, shares of all tyre companies are traded at very low PE. Have a look at MRF.
There are media reports that this is due to Chinese dumping of CV tyres in Indian market.
It is not just Apollo Tyres, shares of all tyre companies are traded at very low PE. Have a look at MRF.
There are media reports that this is due to Chinese dumping of CV tyres in Indian market.