Stock Report

APL Apollo Tubes Limited reports Q4FY21 Sales Volume of 435,348 Ton



Posted On : 2021-04-01 11:50:40( TIMEZONE : IST )

APL Apollo Tubes Limited reports Q4FY21 Sales Volume of 435,348 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 March 31, 2021. The Company registered a sales volume of 435,348 ton in Q4FY21 compared to 400,616 ton in Q4FY20.

The Company registered sales volume of 1,640,353 ton compared to 1,633,310 ton in FY20, despite Covid-19 disruption in FY21. 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.1393 as compared to the previous close of Rs. 1383.45. The total number of shares traded during the day was 10255 in over 711 trades.

The stock hit an intraday high of Rs. 1446.35 and intraday low of 1388.7. The net turnover during the day was Rs. 14630369.

Source : Equity Bulls

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