Apollo Pipes Ltd.

BSE: 531761 | NSE: APOLLOPIPE
Small Cap | Plastic Products
494.55
16.35 (3.42%)
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Apollo Pipes surges on reporting sales volume growth of 11% to 10,306 MTPA in Q2FY20

Date: 03-10-2019

Apollo Pipes is currently trading at Rs. 400.00, up by 6.60 points or 1.68% from its previous closing of Rs. 393.40 on the BSE.

The scrip opened at Rs. 472.00 and has touched a high and low of Rs. 472.00 and Rs. 390.20 respectively. So far 2230 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 508.35 on 16-Oct-2018 and a 52 week low of Rs. 315.00 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 472.00 and Rs. 385.00 respectively. The current market cap of the company is Rs. 522.93 crore.

The promoters holding in the company stood at 47.11%, while Institutions and Non-Institutions held 18.72% and 34.17% respectively.

Apollo Pipes has delivered a steady sales volume growth of 11%, at 10,306 MTPA in Q2FY20 as compared to 9,271 MTPA in Q2 FY19. This growth was driven by a steady contribution from the cPVC HDPE pipe and value-added product segment of Fittings.

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