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APL Infrastructure offloads 30 lakh shares of APL Apollo Tubes

17 Feb 2021 Evaluate

APL Infrastructure has offloaded 30 lakh shares of APL Apollo Tubes worth a little over Rs 289 crore through an open market transaction. As per bulk deal data available on BSE, 30 lakh shares of APL Apollo Tubes were sold by APL Infrastructure at an average price of Rs 965.15 apiece. This took the total deal value to Rs 289.54 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 1236.20
Tata Steel 173.90
Steel Authority 168.65
Jindal Stainless 733.95
APL Apollo Tubes 2155.00
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