APL Apollo Tubes (APAT) is the largest manufacturer of Structural Steel Tubes in India
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Pick of the Week: APL Apollo Tubes
We recommend a BUY with TP of Rs. 1,780/share. APL Apollo Tubes (APAT) is India’s leading structural steel tube manufacturer headquartered at Delhi...
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APL Apollo Tubes: Robust Performace Backed by Strong Fundamentals
We retain a BUY rating on the stock and value it at 30x PE of FY24E EPS, to arrive at a revised TP of Rs 1,920 (Rs 1,595 earlier).
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APL Apollo Tubes: Q1FY22 Result Review
APL Apollo Tubes (APL) reported strong improvement in profitability for Q1FY22; its EBITDA was a strong beat to our forecast. APL's EBIDTA/tonne...
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APLAPOLLO: We retain a BUY rating on the stock
We retain a BUY rating on the stock and value the stock at 30x PE of FY23E EPS, to arrive at a revised TP of Rs 1,595 (Rs 1,054 earlier).
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