NEW DELHI: Shares of Apollo Pipes Ltd. traded 7.27 per cent up in Wednesday 's trade at 12:08PM (IST). Around 1427 shares changed hands on the counter.

The scrip opened at Rs 319.0 and touched an intraday high and low of Rs 322.8 and Rs 307.05 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 521.8 and a 52-week low of Rs 220.0 .

Apollo Pipes Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 390.14 Crore) operating in Plastics sector.


Key Financials
The company reported consolidated net sales of Rs 94.128 crore for the quarter ended 31-Mar-2020 , down -5.89 per cent from previous quarter's Rs 100.0181 crore and down 5.25 per cent from the year-ago quarter's Rs 89.4306 crore.

The net profit after tax for the latest quarter stood at Rs 6.1876 crore, up 16.74 per cent from the same quarter a year ago .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 30.78 per cent stake in the company , while foreign institutional investors held 4.5 per cent and the promoters 47.11 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 14.38 and a price-to-book ratio of 4.24 . A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Apollo Pipes Ltd. belongs to the Plastics - Pipes & Fittings industry.