945.95 -10.20 (-1.07%)

New 52W High in past week

536.1K NSE+BSE Volume

NSESep 17, 2021 03:31 PM



APL Apollo Tubes Ltd.    
16 Sep 2021
945.95
-1.07%
APL Apollo Tubes stock trades ex-bonus, shares surge to new high
APL Apollo Tubes stock trades ex-bonus, shares surge to new high
livemint
APL Apollo Tubes is India's leading structural steel tube manufacturer with a capacity of 2.6 million tonne per annum (mtpa) and a pan-India presence
APL Apollo Tubes Ltd.    
14 Sep 2021
945.95
-1.07%
This multibagger stock could rally further as HDFC Securities sees more upside
This multibagger stock could rally further as HDFC Securities sees more upside
livemint
APL Apollo Tubes has rallied more than 250% in the past year and has surged over 115% this year alone
Number of FII/FPI investors increased from 182 to 196 in Jun 2021 qtr.
APL Apollo Tubes Ltd.    
13 Sep 2021
945.95
-1.07%
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APL Apollo Tubes Ltd.    
13 Sep 2021
945.95
-1.07%
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APL Apollo Tubes Ltd.    
13 Sep 2021
945.95
-1.07%
APL Apollo Tubes Ltd.    
13 Sep 2021
945.95
-1.07%
HDFC Securities
We expect it continue to trade at such premium multiple and initiate coverage on APL with a BUY rating at a TP of INR2,226/share (35x FY24E EPS). APL Apollo Tubes (APL) is Indias leading structural steel tube manufacturer with a capacity of 2.6 million tonne per annum (mtpa) and a pan-India presence. APLs market share enhanced from 27% in FY16 to 50% in FY21, led by a strong distribution network, branding, offering of customized & innovative products and capacity enhancement. APLs strategy to focus on rural areas and tier 2/3 cities paid off well during the reverse migration last year. With 24% CAGR in both revenue and PAT over FY11-21, it has emerged as one of the pioneers in the segment, much ahead of competitors. Going ahead, we expect APL to post revenue/PAT CAGRs of 20%/34% over FY21-24E, led by an increased mix of value-added products (75% in FY25 vs 57% in FY21), capacity expansion, improved margins, and enhanced government spending on infra. APLs valuation has sharply rerated on market share gains, debt reduction, robust growth visibility, and margin expansion. It is trading close to the average multiple of building material stocks as 75% of its product mix caters to this segment.
Number of FII/FPI investors increased from 182 to 196 in Jun 2021 qtr.
APL Apollo Tubes Ltd.    
11 Sep 2021
945.95
-1.07%
APL APOLLO TUBES LTD. - 533758 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
BSE India
APL Apollo Tubes Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
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APL Apollo Tubes Ltd.    
10 Sep 2021
945.95
-1.07%
APL Apollo Tubes Ltd.    
08 Sep 2021
945.95
-1.07%
APL Apollo Tubes shares jump over 6%, hit fresh 52-week high
APL Apollo Tubes shares jump over 6%, hit fresh 52-week high
Moneycontrol
Domestic brokerage firm Motilal Oswal Financial Services has initiated coverage on the stock with a buy call, setting the target price of Rs 2,065
APL Apollo Tubes Ltd.    
07 Sep 2021
945.95
-1.07%
Buy APL Apollo Tubes; target of Rs 2065: Motilal Oswal
Buy APL Apollo Tubes; target of Rs 2065: Motilal Oswal
Moneycontrol
Motilal Oswal is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 2065 in its research report dated September 07, 2021.
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APL Apollo Tubes Ltd. has gained 63.01% in the last 6 Months
Total Votes: 110
BUY
SELL
HOLD
70.91%
18.18%
10.91%