Axis Securities has buy call on APL Apollo Tubes with a target price of Rs 1100. The current market price of is Rs 1032.25. Time period given by analyst is one year when . price can reach defined target.
APL Apollo Tubes Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 25713.82 Crore) operating in Metals - Ferrous sector.
APL Apollo Tubes Ltd. key Products/Revenue Segments include Pipes & Tubes Steel, Scrap and Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3446.87 Crore, down -18.43 % from last quarter Total Income of Rs 4225.74 Crore and up 35.46 % from last year same quarter Total Income of Rs 2544.51 Crore. Company reported net profit after tax of Rs 120.67 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 34.52 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.64 per cent, DIIs 11.17 per cent.
APL Apollo Tubes Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 25713.82 Crore) operating in Metals - Ferrous sector.
APL Apollo Tubes Ltd. key Products/Revenue Segments include Pipes & Tubes Steel, Scrap and Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3446.87 Crore, down -18.43 % from last quarter Total Income of Rs 4225.74 Crore and up 35.46 % from last year same quarter Total Income of Rs 2544.51 Crore. Company reported net profit after tax of Rs 120.67 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 34.52 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.64 per cent, DIIs 11.17 per cent.
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