APL Apollo Tubes Limited reports Q3FY21 Sales Volume of 485,579 ton

APL Apollo Tubes Limited (APL Apollo), India's leading branded structural steel tube company, today announced its sales volume performance for the quarter ending December 31, 2020. The Company registered a sales volume of 485,579 ton in Q3FY21. The volume improved by 1% YoY and 1% on QoQ.

The 9MFY21 sales volume of 1,205,005 ton equals 98% of 9MFY20 sales volume despite Covid-19 disruption in Q1FY21. This highlights APL Apollo's strength in maintaining its dominant leadership in structural steel tubes market and increasing its market share to 50% from 40% since March 2020.

Shares of APL APOLLO TUBES LTD. was last trading in BSE at Rs.884.65 as compared to the previous close of Rs. 834.4. The total number of shares traded during the day was 255232 in over 2951 trades.

The stock hit an intraday high of Rs. 894 and intraday low of 825.7. The net turnover during the day was Rs. 220170312.

Source : Equity Bulls

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