Sharekhan has purchase approach APL Apollo Tubes

Sharekhan has purchase approach APL Apollo Tubes with an objective cost of Rs 1,100.

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APL Apollo Tubes, joined in the year 1986, is a mid cap organization (having a market cap of Rs 23,088.49 crore) working in Metals

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APL Apollo Tubes (APL) reported a venture of Rs. 181 crore in its key merchant Shankara Building Products

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APL plans to further develop deals by utilizing Shankara's store organization and further fortifying its involved acquaintance with the wholesaler.

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Sharekhan keeps a Buy rating on APL with an unaltered PT of Rs. 1,100

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For the quarter finished 31-12-2021, the organization has revealed a Consolidated Total Income of Rs 3238.29 crore

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Advertisers held 34.54 percent stake in the organization starting at 31-Dec-2021, while FIIs possessed 24.59 percent, DIIs 10.72 percent

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Examiners bullish on APL Apollo Tubes, see up to 28% potential gain after interest in Shankara Building

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Shah Rukh Khan Announces His OTT Project

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