Apollo Tyres has underperformed its peers over the past two years due to a loss of market share in the truck and bus radial (TBR) segment and the absence of operating leverage, which has weighed on margins.
Apollo Tyres has underperformed its peers over the past two years due to a loss of market share in the truck and bus radial (TBR) segment and the absence of operating leverage, which has weighed on margins.