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Apollo Pipes gains on reporting sales volume of 11,445 ton in Q3 FY21

01 Jan 2021 Evaluate

Apollo Pipes is currently trading at Rs. 716.00, up by 5.30 points or 0.75% from its previous closing of Rs. 710.70 on the BSE.

The scrip opened at Rs. 711.15 and has touched a high and low of Rs. 729.00 and Rs. 701.00 respectively. So far 10566 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 729.00 on 1-Jan-2021 and a 52 week low of Rs. 220.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 729.00 and Rs. 651.60 respectively. The current market cap of the company is Rs. 938.63 crore.

The promoters holding in the company stood at 52.03%, while Institutions and Non-Institutions held 14.46% and 33.50% respectively.

Apollo Pipes has reported its sales performance for the quarter ended December 31, 2020. The Company reported a sales volume of 11,445 ton in Q3FY21, an increase of 7% as compared to 10,712 ton in Q3FY20. This growth was driven by contribution from across product categories including value-added products.

The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment combined with an uptick in utilization levels.

Apollo Pipes is among the top 10 leading piping solution providing Company in India.

 

Apollo Pipes Share Price

497.30 -12.00 (-2.36%)
08-May-2026 16:59 View Price Chart
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