Whalesbook
Motilal Oswal's latest research report on Apollo Tyres highlights a strong Q2 FY26 performance, with consolidated profit and EBITDA margins exceeding expectations. The brokerage has raised its Earnings Per Share (EPS) estimates for FY26 and FY27, anticipating a significant PAT CAGR driven by margin expansion. The report reiterates a BUY rating, finding Apollo Tyres' current valuations attractive compared to peers, and sets a price target of INR603.