Apollo Tyres Shares in Focus After ₹930 Cr Block Deal at ₹435

Apollo Tyres Block Deal: Shares of Apollo Tyres were in focus on Thursday, August 27, after a large block transaction was executed in the pre-market session. According to exchange data, around 2.14 crore shares, or 3.37% of the company’s total outstanding equity, changed hands.

The transaction was valued at approximately ₹930 crore. The identities of the buyers and sellers were not immediately available.

What are the key details of the Apollo Tyres block deal?

The block transaction involved a sizable portion of Apollo Tyres’ equity and was executed at a price below the previous closing level.

Key details include:

• Shares traded: Around 2.14 crore

• Equity changed hands: 3.37%

• Transaction value: Around ₹930 crore

• Block deal price: ₹435 per share

• Discount to previous close: About 1.8%

The transaction took place through the NSE block deal window, with the deal price at ₹435 per share.

How did Apollo Tyres shares react?

Apollo Tyres shares were trading at ₹445.7 in morning deals, up 0.6%. Earlier in the session, the stock was described as trading largely flat following the block transaction.

The stock has declined about 9.9% so far in 2026, compared with a 7.4% fall in Nifty 50 over the same period. At the current price cited in the source, Apollo Tyres has a market capitalisation of around ₹28,300 crore.

The block deal therefore comes against a backdrop of weaker year-to-date performance for the stock compared with the broader market benchmark.

As of 27 Aug, 10.39 AM

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What are street estimates for Apollo Tyres?

Street estimates point to an improving medium-term earnings outlook for Apollo Tyres, although near-term conditions remain challenging.

The market view highlights the company’s efforts to strengthen its India business through increased investments in brand building and sponsorship of the Indian cricket team’s jersey. The outlook for its European operations is also seen as becoming more constructive.

Near-term commodity costs and recent execution challenges remain key concerns. Natural rubber prices rose 22% quarter-on-quarter in Q1FY27, which is expected to keep Q2FY27 challenging.

However, street estimates see scope for a meaningful earnings recovery once commodity cost pressures ease. The outlook projects 21% year-on-year EBITDA growth in FY28E, supported by easing commodity pressures and improving business conditions.

Conclusion: What does this mean for your portfolio?

Apollo Tyres stock is in focus after 3.37% of its equity changed hands in a ₹930 crore block deal at ₹435 per share. Investors will be watching the stock’s trading response to the transaction, along with near-term commodity cost pressures and the company’s progress on its India and European businesses.