Sharekhan has purchase approach APL Apollo Tubes with an objective cost of Rs 1,100.
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
APL Apollo Tubes (APL) reported a venture of Rs. 181 crore in its key merchant Shankara Building Products
APL plans to further develop deals by utilizing Shankara's store organization and further fortifying its involved acquaintance with the wholesaler.
Sharekhan keeps a Buy rating on APL with an unaltered PT of Rs. 1,100
For the quarter finished 31-12-2021, the organization has revealed a Consolidated Total Income of Rs 3238.29 crore
Advertisers held 34.54 percent stake in the organization starting at 31-Dec-2021, while FIIs possessed 24.59 percent, DIIs 10.72 percent
Examiners bullish on APL Apollo Tubes, see up to 28% potential gain after interest in Shankara Building
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