|
21 Sep 2025 |
APL Apollo Tubes
|
Consensus Share Price Target
|
1691.10 |
1851.88 |
- |
9.51 |
buy
|
|
|
|
|
15 May 2023
|
APL Apollo Tubes
|
Axis Direct
|
1691.10
|
1380.00
|
1152.05
(46.79%)
|
Target met |
Buy
|
|
|
Recommendation: With the Raipur plant moving to positive operating leverage and EBITDA spreads likely to improve further in future, we maintain our BUY rating on the stock.
|
|
03 Feb 2023
|
APL Apollo Tubes
|
Axis Direct
|
1691.10
|
1345.00
|
1173.30
(44.13%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock and continue to value it at 31x PE of Mar'25E EPS.
|
|
03 Feb 2023
|
APL Apollo Tubes
|
ICICI Securities Limited
|
1691.10
|
1375.00
|
1183.65
(42.87%)
|
Target met |
Buy
|
|
|
APL Apollo’s (APL) Q3FY23 EBITDA was 6% and 13% ahead of street and our estimates, respectively. Key takeaways: 1) Record sales volume of 605kte (up 50% YoY) on higher shipments across segments.
|
|
03 Feb 2023
|
APL Apollo Tubes
|
IDBI Capital
|
1691.10
|
1484.00
|
1173.30
(44.13%)
|
Target met |
Buy
|
|
|
|
|
06 Jan 2023
|
APL Apollo Tubes
|
Motilal Oswal
|
1691.10
|
1400.00
|
1119.60
(51.05%)
|
Target met |
Buy
|
|
|
|
|
11 Nov 2022
|
APL Apollo Tubes
|
IDBI Capital
|
1691.10
|
1216.00
|
1050.35
(61.00%)
|
Target met |
Buy
|
|
|
|
|
10 Nov 2022
|
APL Apollo Tubes
|
Axis Direct
|
1691.10
|
1200.00
|
1046.85
(61.54%)
|
Target met |
Buy
|
|
|
We retain a BUY rating on the stock with a TP of Rs 1,200/share (unchanged from the previous TP)
|
|
10 Nov 2022
|
APL Apollo Tubes
|
ICICI Securities Limited
|
1691.10
|
1225.00
|
1061.10
(59.37%)
|
Target met |
Buy
|
|
|
APL Apollo’s (APL) performance undershot consensus estimates. Key takeaways: 1) Margin was impacted by channel destocking leading to higher discounts to distributors.
|
|
10 Oct 2022
|
APL Apollo Tubes
|
Motilal Oswal
|
1691.10
|
1330.00
|
1091.55
(54.93%)
|
Target met |
Buy
|
|
|
|
|
22 May 2022
|
APL Apollo Tubes
|
Motilal Oswal
|
1691.10
|
1270.00
|
883.80
(91.34%)
|
Target met |
Buy
|
|
|
|