APL Apollo Tubes Ltd. News and Updates

Name: Latest research reports of APL Apollo Tubes Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: APL Apollo Tubes Ltd.
Rating: 5
Author: ICICI Securities Limited

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APL Apollo Tubes Ltd.

21 Dec 2021

1737.20

1.42%

Buy APL Apollo Tubes: target of Rs 1180: ICICI Securities

Moneycontrol

ICICI Securities is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 1180 in its research report dated December 20, 2021.

APL Apollo Tubes Ltd. has gained 29.65% in the last 3 Months

APL Apollo Tubes Ltd.

20 Dec 2021

1737.20

1.42%

Business model continues to impress; valuations get richer

Buy: APL Apollo Tubes Ltd.

ICICI Securities Limited

We visited APL Apollo Tubes’ (APL) Murbad, Maharashtra facility and met with multiple APL distributors. Murbad was Lloyds steel plant, which APL acquired in CY10 for a cash consideration of Rs400mn with a capacity of 90,000te. The same has been ramped up to 0.35mtpa over past seven years, with the introduction of direct forming technology (DFT) and cold rolling and Galva (GP/GI) capacity.

APL Apollo Tubes Ltd. is trading above all available SMAs

APL Apollo Tubes Ltd.

26 Nov 2021

1737.20

1.42%

Buy APL Apollo Tubes: target of Rs 1100: Sharekhan

Moneycontrol

Sharekhan is bullish on APL Apollo Tubes has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated November 25, 2021.

APL Apollo Tubes Ltd. is trading above all available SMAs

APL Apollo Tubes Ltd.

29 Oct 2021

1737.20

1.42%

to see Rapid results content

APL Apollo Tubes Ltd.

29 Oct 2021

1737.20

1.42%

Earnings Call for Q2FY22 of APL Apollo Tubes

Conference Call with APL Apollo Tubes Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.

audio

APL Apollo Tubes Ltd.

29 Oct 2021

1737.20

1.42%

APL Apollo Tubes: Q2FY22 Result Review

Buy: APL Apollo Tubes Ltd.

IDBI Capital

APL Apollo Tubes Q2FY22 EBITDA was slightly weaker than our forecast. EBITDA stood at Rs2,222 mn (9% below our forecast). EBITDA/t expanded by 48% YoY to Rs5,199, although sequentially it fell 24%. Nevertheless, EBITDA/t over Rs5,000 is likely to be sustainable over the coming one year in our view; APL aims to increase EBITDA/t to Rs6-7,000/tonne in coming 2-3 years as it expands its Raipur facility where it will have 0.5 mtpa of high-margin products. Also, APL targets strong volume growth of 2.5 mn...

APL Apollo Tubes Ltd. has gained 29.65% in the last 3 Months

APL Apollo Tubes Ltd.

13 Oct 2021, 12:00AM

1737.20

1.42%

Growing applications, paving way for a growth phase

Buy: APL Apollo Tubes Ltd.

Motilal Oswal

We analyzed the shifting trends in the Structural Tube industry, driven by growing consumption of steel tubes in Construction projects, coupled with growing acceptance and increasing applications of steel tubes. Key drivers of APAT's performance include: a) growing usage of structural tubes as a replacement to RCC, b) first-mover advantage by installing DFT in India, and c) leadership position to help benefit from this shift....