Apollo Tyres Ltd dropped for a fifth straight session today. The stock is quoting at Rs 116.7, down 7.93% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 10506.7. The Sensex is at 35926.69, up 0.82%.Apollo Tyres Ltd has lost around 27.94% in last one month.Meanwhile, Nifty Auto index of which Apollo Tyres Ltd is a constituent, has eased around 16.32% in last one month and is currently quoting at 6632.15, up 0.11% on the day. The volume in the stock stood at 60.1 lakh shares today, compared to the daily average of 40.58 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 116.9, down 8.03% on the day. Apollo Tyres Ltd tumbled 48.54% in last one year as compared to a 7.03% slide in NIFTY and a 24.58% fall in the Nifty Auto index.

The PE of the stock is 12.88 based on TTM earnings ending December 19.