APL Apollo Tubes Ltd.

NSE: APLAPOLLO | BSE: 533758 | ISIN: INE702C01027 | Industry: Iron & Steel Products
| Expensive Performer

1811.70
-0.84%
ICICI Securities Limited
APL Apollo’s (APL) performance undershot consensus estimates. Key takeaways:
1) Margin was impacted by channel destocking leading to higher discounts to
distributors.
APL Apollo Tubes Ltd. is trading above all available SMAs
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