Pick of the Week: APL Apollo Tubes - 26 DECEMBER 2023
APL Apollo Tubes (APAT) is a leading structural steel tube brand, operating with 14 brands in 4 product categories. It has 55% market share in...
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Top Sector Ideas - Metals and Mining (Q2FY24)
Nalco’s Revenue stood at Rs 3,043 Cr, down 13%/4% YoY/QoQ, led by a drop in the average LME Aluminium prices. EBITDA (up 19% YoY, down 33% QoQ) was...
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Diwali Muhurat Picks SAMVAT 2080
Samvat 2079 proved to be an intriguing year for the Indian equity market, characterized by notable volatility in the first half.
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Axis Research Scorecard Report for Oct 2023
Our POW calls delivered an excellent Monthly strike rate of 84% in Oct’23. Calls that successfully achieved their target were Nestle India (~10%),...
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APL Apollo Tubes - Largely Inline Results; Growth Drivers Remain Intact
APL Apollo Tubes’ Revenue/EBITDA/PAT stood largely in line with our estimates. On a consensus basis, it was a slight miss of 4%/3%/5% respectively.
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