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Apollo Tricoat Tubes shines on registering volumes of 10,286 MTPA in Q1FY20

Apollo Tricoat Tubes is currently trading at Rs. 181.95, up by 4.30 points or 2.42% from its previous closing of Rs. 177.65 on the BSE.

The scrip opened at Rs. 181.90 and has touched a high and low of Rs. 181.95 and Rs. 181.90 respectively. So far 201 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 2 has touched a 52 week high of Rs. 203.80 on 16-Apr-2019 and a 52 week low of Rs. 107.00 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 184.00 and Rs. 177.00 respectively. The current market cap of the company is Rs. 533.73 crore.

The promoters holding in the company stood at 61.37%, while Institutions and Non-Institutions held 0.38% and 38.25% respectively.

Apollo Tricoat Tubes has registered healthy volumes of 10,286 MTPA during the quarter ending June 30, 2019 (Q1FY20) at its in-line Galvanizing (ILG) tubes and Designer Galvanized (DG) tubes manufacturing facilities located at Malur, Karnataka.

Apollo Tricoat Tubes (Formerly known as Best Steel Logistics) started the business of marketing and distribution of steel products like TMT bars, rolled products, billets, ingots and steel pipe and tubes successfully.

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