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The company reported total sales to the tune of 2, 81,714 units in February as against total sales of 2, 97,747 units in the same month last year.

Promoters held 43.49 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 35.31 per cent and 1.56 per cent, respectively.

“Given the backdrop of rising crude prices, we would be very positive on names like ONGC, Oil India and of course some of the metal names like Hindalco, Nalco, Coal India and the base metal space like nickel and steel. It is a good short term tactical play at this point of time.”

Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 11730.31 Crore) operating in Tyres sector.

While sentiment for the rupee took a turn for the worse, dealers said that the domestic currency would likely be supported around the 75.80/$1 mark due to market interventions by the Reserve Bank of India in the form of dollar sales.

The stock quoted a 52-week high price of Rs 90774.0 and low of Rs 62944.5.

A total of 3,641 shares changed hands on the counter till 11:06AM (IST)

The Nifty Pharma index was trading 0.93 per cent down at 12807.3.

The global cryptocurrency market cap today scaled to $1.93 trillion mark, rising about 2 per cent in the last 24 hours. Total cryptocurrency trading volume slipped about 4 per cent to $105.35 billion.

“Banning Russian energy exports is probably the last remaining tool that the US and Europe have and they have very meticulously tried to avoid using it. But just as Putin is being pushed to a corner, the NATO allies also have their backs against the wall. That is the worry crude is pricing in right now.”