HDFC Mutual Fund buys stake in APL Apollo Tubes

APL Apollo Tubes Ltd. | Steel & Iron Products | Metals & Mining | BSE: 533758 | NSE: APLAPOLLO

07 Apr 2015 Evaluate

HDFC Mutual Fund has bought 0.68% stake in APL Apollo Tubes through open market. HDFC Mutual Fund has bought 1,60,000 shares representing 0.68% stake in APL Apollo Tubes at Rs 421 per share on the BSE.

Earlier, HDFC MF Prudence Fund has bought 1.60 lakh shares of the company on an average price of Rs 392 valuing the transaction to Rs 6.28 crore.

APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.

Peers

Company Name	CMP
JSW Steel	1261.00
Tata Steel	186.00
Steel Authority	184.45
Jindal Stainless	745.30
APL Apollo Tubes	2200.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.