Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1773.45
Change Change %
27.35 1.57%

Updated:02 Aug, 2021, 15:58 PM IST

BSE
1770.50
Change Change %
24.65 1.41%

Updated:02 Aug, 2021, 16:00 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Emkay Global
N/A
04-07-2019 Buy 1652.00 2312.00
N/A
Closed Medium (6M)
04-08-2019

Emkay Recommends 'Buy' On APL Apollo Tubes

According to Emkay APL Apollo Tubes' (APAT) Q1 sales volume is up by 29 per cent year-on-year. Out of this, organic growth would be 26 per cent year-on-year. There are clear signs of market share gains for APAT as the overall industry growth rate is 10-12 per cent. Based on Emkay's estimates, APAT's market share in building material pipes (pregalvanized and square pipes) is 50 per cent.

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