The scrip opened at Rs. 1507.75 and has touched a high and low of Rs. 1567.80 and Rs. 1507.55 respectively. So far 2183 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1842.75 on 13-Aug-2018 and a 52 week low of Rs. 1009.05 on 15-Feb-2019.
Last one week high and low of the scrip stood at Rs. 1567.80 and Rs. 1490.40 respectively. The current market cap of the company is Rs. 3770.93 crore.
The promoters holding in the company stood at 37.07%, while Institutions and Non-Institutions held 13.93% and 49.00% respectively.
APL Apollo Tubes has registered a strong sales volume of 3,88,511 MTPA in Q1FY20, higher by 29% Y-o-Y from 302,054 MTPA in Q1FY19. The growth was led by strong demand in the Hollow Sections segment, DFT pipes and Pre-Galvanized Tubes (GP) among others.
The Company is witnessing healthy demand in volumes across product categories and remains confident of delivering a sales volume growth CAGR of 20% in FY20 & FY21.
APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
