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Apollo Tyres can add Rs 10-12: Baliga
Ambareesh Baliga of Karvy Stock Broking is of the view that Apollo Tyres can add Rs 10-12. The results of company were quite fabulous and much better than what most of the people were expecting. So this stock could possibly move against the markets.
Baliga told CNBC-TV18, "The results of Apollo Tyres were quite fabulous and much better than what most of the people were expecting. So I think this stock could possibly move against the markets and we see the stock possibly going up by another Rs 10-12 more from here over the next couple of weeks."