🚗 Apollo Tyres Jumps After UBS Turns Bullish

🚨 Fresh Market Spotlight: Apollo Tyres Gets UBS Upgrade Apollo Tyres shares surged 6.4% to ₹468 on August 24 after global brokerage UBS upgraded the stock from “Neutral” to “Buy” and raised its target price to ₹590, implying about 34% potential upside from the cited price. UBS highlighted the stock's valuation discount versus peers and its long period of relative underperformance as key reasons behind the upgrade. 📌 StockYard Insight: The UBS upgrade is a positive near-term sentiment trigger. Investors should now watch earnings growth, tyre margins, raw-material costs and demand recovery to assess whether the re-rating can sustain. #ApolloTyres #AutoStocks #TyreStocks #StockMarket #StockYardResearch