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APL Apollo Tubes registers 29% rise in sales volume for Q1FY20

01 Jul 2019 Evaluate

APL Apollo Tubes has registered a strong sales volume of 3,88,511 MTPA in Q1FY20, higher by 29% Y-o-Y from 302,054 MTPA in Q1FY19. The growth was led by strong demand in the Hollow Sections segment, DFT pipes and Pre-Galvanized Tubes (GP) among others.

The Company is witnessing healthy demand in volumes across product categories and remains confident of delivering a sales volume growth CAGR of 20% in FY20 & FY21.

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 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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