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APL Apollo Tubes commences production at Raipur unit

28 Mar 2017 Evaluate

APL Apollo Tubes has commenced production at it’s newly set-up unit located at Village Bendri, Raipur in state of Chhattisgarh on March 27, 2017.

The company had earlier completed the acquisition of Blue Ocean Projects by acquiring all the shares (100%) of Blue Ocean Projects on January 14, 2017.

APL Apollo is the largest producer of Electric Resistance Welded (ERW) steel pipes & sections in India, with a capacity to produce more than 1.30 million tons per annum with an extensive regional & export capability to over 20 countries.


Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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