1759.5000 20.40 (1.17%)
NSE Jul 01, 2025 15:31 PM
Volume: 944.2K
 

1759.50
1.17%
Motilal Oswal
APL Apollo Tubes (APAT) reported muted sales volume of 679KMT (up 4%
YoY and 12% QoQ) in 4QFY24, led by channel de-stocking due to steel
price corrections. Further, EBITDA/MT declined ~17% YoY to ~INR4,132,
due to higher rebates and discounts offered by APAT to counter the
inventory destocking.
APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1570.6
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