APL Apollo Tubes Limited announces Q1FY22 Sales Volume of 373,124 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 June 30, 2021. The Company registered a sales volume of 373,124 Ton in Q1FY22.

The Q1FY22 sales volume of 373,124 Ton equals 86% of Q4FY21 sales volume, due to the second wave of COVID-19 which had hit the country in April-May 2021. The company focused on maintaining its dominant leadership and increasing sale of its value added products in the challenging environment. The sale of value added product contributed 67% in Q1FY22 as compared to 57% in FY21.

Shares of APL APOLLO TUBES LTD. was last trading in BSE at Rs.1640 as compared to the previous close of Rs. 1573.1. The total number of shares traded during the day was 7347 in over 865 trades.

The stock hit an intraday high of Rs. 1643.95 and intraday low of 1586.8. The net turnover during the day was Rs. 11901426.

Source : Equity Bulls

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