1655.7000 -7.60 (-0.46%)
NSE May 09, 2025 15:31 PM
Volume: 416.8K
 

1655.70
-0.46%
ICICI Securities Limited
APL Apollo’s (APL) Q4FY23 EBITDA was 2% and 13% ahead of street and our estimates, respectively. Key takeaways: 1) sales volume touched a record 650kte (up 18% YoY) on higher shipments across segments; 2) profitability improved in all segments driven by favourable costs and higher volumes.
IDBI Capital increased Buy price target of APL Apollo Tubes Ltd. to 1954.0 on 08 May, 2025.
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