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Apollo Pipes trades higher on the bourses

13 Apr 2018 Evaluate

Apollo Pipes is currently trading at Rs. 592.00, up by 4.05 points or 0.69% from its previous closing of Rs. 587.95 on the BSE.

The scrip opened at Rs. 597.00 and has touched a high and low of Rs. 597.00 and Rs. 585.00 respectively. So far 864 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 724.80 on 05-Jan-2018 and a 52 week low of Rs. 268.85 on 28-Aug-2017.

Last one week high and low of the scrip stood at Rs. 600.00 and Rs. 565.05 respectively. The current market cap of the company is Rs. 651.03 crore.

The promoters holding in the company stood at 37.16%, while Institutions and Non-Institutions held 13.89% and 48.95% respectively.

Apollo Pipes (APL) has completed the installation of a rooftop solar plant at its manufacturing facility at Dadri, Uttar Pradesh (UP), with a total capacity of 1.2 MW. The company currently operates 2 manufacturing facilities at Dadri, UP and Ahmedabad, Gujarat and will be commissioning another manufacturing line in Bangalore by March 2019.

With a strong focus on environment friendly solutions and impetus on corporate social responsibility, the company in due course will also evaluate opportunities to install rooftop solar plants at its other existing and upcoming facilities in Ahmedabad and Bengaluru, respectively.

Further, the solar power installation reinstates APL’s commitment towards building a clean energy plant, which will not only result in significant operational cost-savings for the company, but will also help improve the green energy footprint.

Apollo Pipes, formally known as Amulya Leasing and Finance, is a Delhi based company and in engaged in the business of financing, and sale and purchase of shares in India.

Apollo Pipes Share Price

466.15 10.15 (2.23%)
17-Apr-2026 16:59 View Price Chart
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