Fundamental Radar: Three major factors set to drive structural growth in Apollo Pipes profitability

Apollo Pipes has a well-established position in the domestic polyvinyl chloride (PVC) pipes industry, supported by its expansive product profile and a strong dealership network. Capacity expansion, an aggressive sales strategy, and implementation of cash-and-carry model is likely to kickstart structural growth in profitability, says Narendra Solanki of Anand Rathi Shares.